A monthly repayment of:
could pay off your mortgage in:N/A
leaves the balance at end of product term:
giving interest savings of:N/A
A reduced monthly repayment of:N/A
Could pay off your mortgage in:N/A
Using your savings on your offset mortgage allows you to take advantage of the lower payment straight away. If you withdraw from the offset savings account, you will need to ask us for your payments to be recalculated otherwise you could potentially be over/underpaying
The calculations used in this demonstrator are based on the following:
This information does not contain all of the details you need to choose a mortgage. Make sure you read the separate Mortgage Illustration document before you make a decision. The actual amount you can borrow, term and repayment method available will vary depending upon your personal circumstances and borrowing requirements. Applications subject to standard lending criteria and all loans subject to status. A product fee may apply. Early Repayment Charges and other fees and charges will apply.
However you choose to manage your Offset Account you will need to select one of the available
monthly payment options (619 KB) . If your aim is to Offset in order to pay off your mortgage quicker, you must choose the Reduced term option.
With an Offset account, mortgage interest is only calculated on the difference between the two balances.
We can quickly advise if we are able to provide you with a mortgage.
You can see our range of Offset mortgages by searching and comparing our products.
Read our full Offset guide to find out more about how Offset mortgages work.
Use our borrowing calculator to get an estimate of how much we could lend to you.
Takes approximately 5 minutes to complete
Use our repayment calculator to get an estimate of what your mortgage repayments might be.
Takes approximately 2 minutes to complete
9am - 5pm: Mon to Fri
9am - 1pm: Sat