A smarter way to own your home

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Offset home loan package features


Offset accounts

Up to 10 accounts per loan to help you reach your savings goals, with the option of a linked Debit MasterCard for everyday transacting.

Unlimited loan accounts

Open unlimited loan account splits after settlement with differing repayment types.

Competitive interest rates

Choose variable, fixed, or a combination of both.

Earn Qantas Points1

Opt in to receive Qantas Points (different rates may apply)2.

Credit cards

​Apply for a Macquarie credit card4 with your offset home loan and receive a competitive rate of 5.90% for the first 14 months3.


International purchase fees

When you shop overseas or online with your Debit MasterCard.

How much time could you save off your loan? Use the calculator below to find out.

What's the purpose of your home loan?

To live in
To invest in

How much do you want to borrow?

Monthly offset account contributions?

Your starting offset account balance?

Select your deposit percentage


MoreLess calculator options

Calculator not currently available based on your inputs.

Try values above $50k and below $15m.

Savings should be less than property value.

Keep monthly contributions within reason.

Please contact us and we'll walk you through your home loan options.

The time you could save:


off the life of your loan

Putting /mth into your offset account could save you:


off the life of your loan

Putting /mth into your offset account could save you:


The time you could save:


Total interest payable without
offset contributions

Total interest payable with
offset contributions

Year on year balance owing:^

An offset account does not earn interest, but it reduces the outstanding loan balance that interest is accrued on. The graph shows the difference between making minimum monthly repayments and contributing to an offset account.

All months are assumed to be the same length. As many loans accrue interest daily, monthly interest charges may change depending on the number of days in a month.

We have assumed one year is 52 weeks, or 26 fortnights. This therefore assumes a year has 364 days not 365 or 366.

Repayments are rounded down to the lower dollar. The calculator uses unrounded repayments to obtain the amount of interest payable at points along the graph and in total over the loan term. This allows for equal repayment amounts and a cleaner graph.

The time you could save is based on the time taken to pay off the balance of the loan. This is the result of depositing extra monthly contributions into the offset account at the end of each repayment period and not withdrawing them for the life of the loan. We also assume that you are making your minimum monthly repayments and that the interest rate remains unchanged throughout the life of the loan. The calculator does not include the annual offset account package fee of $248^.

The dollar amount you could save is the difference between making extra contributions into the offset account and the total amount of interest owing on a 30 year home loan with no offset contributions.

The calculations are based on a principal and interest repayment type only.

Ready to get started?

Things to consider

Based on a principal and interest investmentowner occupier loan of with a % deposit, a variable interest rate of % pa is assumed resulting in minimum monthly repayments of . Interest savings are calculated based on your initial contribution of plus your monthly contributions of per month to your offset account.

This calculator does not include the annual offset account fee of $248^.

†Rate applies for new investmentowner occupied loans when you borrow up to % of the property value with a interest onlyprincipal and interest repayment variable rate loan. Subject to change without notice.

*The comparison rates are based on a loan for $150,000 and a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

The information contained in this calculator is by way of example only and should not be regarded as a prediction, or as personal advice. Calculations are not forecasts or projections but is a tool that may assist you to make your own projections. The calculator is not intended to be a substitute for professional financial advice. Other than as required under consumer protection law, under no circumstances will Macquarie be liable for any loss or damage caused by a user's reliance on information obtained by using this calculator. Macquarie specifically disclaims any liability for any damages arising out of or in any way connected with the access to or use of this calculator. The information in this calculator does not constitute an offer to lend, or imply the product is suitable for you. If you wish to apply for a loan, then you need to complete the application form available from our staff.

Offset home loan package fee

InvestmentOwner occupier variable rate % pa

InvestmentOwner occupier comparison rate* % pa

Establishment fee$0

Monthly fee$0

Annual fee^$248

Other fees may apply

6 ways to a smarter home loan

Spend less time worrying about your budget and more time with your family. Have confidence in how you manage your money.

From home loan to own home

Experience a smarter way to home ownership – without sacrificing the holidays or fun weekends that make up a lifetime of family memories.

A home loan that backs all your dreams

Whether you want to travel, start a side business, or even move overseas, the savings you make from utilising your offset account could be key to unlocking your ambition.

Want to speak to a home loan specialist?

Call us now on 13 62 27
(Mon-Fri 8am-6pm) or complete this form and we'll be in touch.

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The information you provide on this form will be retained and handled by Macquarie in accordance with our Privacy Policy and we may contact you about products or services we feel may be of interest to you. If you do not wish to provide all details or receive information of this nature, please phone us on 1800 806 310. Phone calls to and from Macquarie may be recorded for quality and assurance purposes. If you do not want your call to be recorded, please advise the Macquarie staff member. If you have used our calculator we have also collected this information to assist with your enquiry.