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Mortgage Offset Calculator
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Jamie & Co.
The Team
Our Story
Our Promise
First Home Buyers
Buying Investment Property
Refinance
Business Lending
Asset Finance
Who we work with
How we will work together
FAQs
Disclosure Statement
Privacy Statement
Contact Us
Repayment Calculator
Break Cost & Savings Calculator
Keep existing property?
Mortgage Offset Calculator
Call us now
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Mortgage Offset Calculator
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Offset calculator

Could your savings reduce your mortgage interest?

An offset account can help reduce the interest you pay by linking savings against part of your home loan. This calculator gives you a simple estimate of the potential benefit.

Your mortgage and savings

Enter your loan balance and how much money you usually keep in savings or transaction accounts.

$
$

This could include savings, surplus cash or money sitting in linked accounts.

%

Rate shown is indicative only. Offset rates can change and may differ between lenders and loan structures.

yrs

Extra repayments

If you keep repayments the same while using an offset, the interest saving can help pay the loan off sooner.

$

Optional. Leave as $0 if you only want to see the offset benefit.

Estimated interest saving

$0

This is the estimated interest you could save in the first year by offsetting your savings against your mortgage.

How offset changes your loan

Your mortgage$0
Your savings offset$0
Interest charged on$0
Loan balance being charged interest$0
Estimated interest saved per year$0
Estimated interest saved per month$0
Estimated interest saved per week$0
Current estimated weekly repayment$0
Potential time saved0 yrs

What this means

An offset can be useful if you keep savings or surplus cash available, but the right setup matters. It may work best when only part of the mortgage is offset and the rest is fixed.

Check if offset suits me Email hello@jamieandco.nz

How offset works

An offset account links some of your savings or everyday accounts to your home loan. Instead of earning interest on those savings, the balance is offset against your mortgage, which can reduce the amount of home loan interest you pay.

Why the structure matters

Offset is usually most useful when it is matched to the right portion of your loan. For example, you might keep part of the mortgage floating with offset and fix the rest. The best setup depends on your savings balance, income, spending habits and how much flexibility you want.

Things to keep in mind

The savings shown assume your offset balance stays available and is not withdrawn. Your actual benefit may change if your savings balance changes, your interest rate changes, or your lender has different offset rules, fees or eligibility criteria.

This calculator is a guide only and does not provide financial advice or lending approval. The figures are illustrative only and are based on the information entered. Offset products, rates, fees, lender criteria and eligibility differ between lenders.

hello@jamieandco.nz

 

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