In Calculators and Financial Tools :
- Split Loan Calculator
- Borrowing Power Calculator
- Savings Calculator
- Loan Comparison Calculator
- Loan Repayment Calculator
- Income Tax Calculator
- Stamp Duty Calculator
- Budget Planner
- Leasing Calculator
- Property Selling Cost Calculator
- Property Buying Cost Calculator
- Lump Sum Repayment Calculator
- Term Deposit Calculator
- Credit Card Calculator
- Home Loan Offset Calculator
- Honeymoon Loan Calculator
- How Long to Repay Calculator
- Reverse Mortgage Calculator
Home Loan Offset Calculator
Home loan offset is the type of flexible mortgage which calculates the mortgage holder’s net balance by subtracting the credit balance from the mortgage balance.
Here, the homeowner’s credit and his debit accounts, like personal savings account, credit card, etc. is linked to the mortgage so that the homeowner sees a reduction in interest.
When should you use home loan offset Calculator?
Use home loan offset calculator to determine your monthly repayments when you set up your offset account. The calculator will also help you find out the amount interest saved and the time saved.