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 Key Facts 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 (181 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.
See our full range of offset mortgage products.
To find out more about how an Offset mortgage could save you money, read our guide.