How to read your home loan statement: A line-by-line guide
Home loan statements are full of jargon. Here’s what each line actually means, and which figures to check if you have an offset account.
Guides
How to open or switch to an offset account on your home loan
Don’t have an offset account yet, or refinanced and lost yours? Here’s how to open or re-link one, and what to check before you do.
Extra repayments vs offset account: Where should your money go?
Both reduce your interest by roughly the same amount. Here’s how to decide which suits you, and why many people use both.
What is the difference between an Offset Account and a Redraw Facility?
They both cut your interest bill, but they work very differently and have very different tax implications if your property becomes an investment.
Why your offset account matters more when interest rates are high
With interest rates near decade highs, every dollar in your offset account is working harder. Here’s the maths on why, and how to make sure you’re getting the full benefit.
Is your offset account actually saving you money? Here’s how to check
Use this guide to check your mortgage offset account is set up, linked, and actually cutting your interest payments.
Is an offset account actually worth the extra fees? A first home buyer’s guide
Offset accounts often come with an annual fee. Here’s a simple break-even approach to work out whether the interest you’ll save is likely to outweigh it.