Extra Repayments & Offset Savings
See how much interest and time you save by paying extra or holding funds in an offset account.
Your numbers
$
%
$
Time saved
0.0 yrs
Interest saved
$0
Loan cleared in
0.0 yrs
New effective payment
$0
How this is calculated▾
Extra repayments reduce the outstanding balance faster; the same effect applies to funds held in an offset account (they reduce interest charged as if paid off).
General information only. This tool provides general information and does not consider your personal circumstances. It is not financial, tax, legal or credit advice. Rates, thresholds and rules change. Verify current figures with the ATO, your state revenue office or a licensed adviser before acting.