Step 1 of 5

Your loan.

Add your balance, rate and years left to continue.

Step 2 of 5

The offset account.

An offset is a bank account attached to your mortgage. Money sitting in it shrinks the interest part of your repayment, and it stays yours to spend any time.

From here on, every figure takes into account what you already have sitting in offset.

Step 3 of 5

Extra repayments.

Anything above the minimum goes straight onto the loan itself. Do you, or could you, put a bit extra in? How much could you manage without it changing your lifestyle?

Step 4 of 5

Your interest rate.

Small rate differences add up to big money, whether rates drop or you find a better deal today. Slide to see what a lower rate would be worth on yours, if you kept your repayments exactly the same.

This is an example, not an offer. Whether a better rate is actually available to you depends on your situation and the market. Finding out is what a mortgage broker does, and it costs you nothing to ask.

Step 5 of 5

Other debts.

Car loans, personal loans, credit cards. They usually charge a much higher rate than a mortgage. Skip this if it doesn't apply to you.

The catch: this only works if you keep the repayments up. Roll debts into a mortgage and pay only the minimum, and a car loan can quietly cost more over 25 years, even at a lower rate. How it's set up matters, which is why this one is worth working through with a broker.

The road ahead.

A couple of things to keep in mind. The savings ideas you've just seen don't simply add together. They overlap, and what they come to in combination depends on your situation. Working that out properly is part of what a broker does. And everything here assumes interest rates stay where they are today, which they won't. The maths moves with them.

General information only, not financial or credit advice. Estimates based on what you entered. Full note in our Privacy Policy.

What a call gets you

You've run your numbers. Maybe something jumped out, maybe you just want a second set of eyes. Here's what happens if you ask for a call.

You'll talk to a real person. Not a call centre, not a script. It's a straightforward conversation: back through what you worked out here, then what you're really after, whether that's sorting your mortgage, looking at investment, or both. No pressure, no jargon, no cost.

From there, if you want us to, we can put you in touch with the right licensed professionals to discuss all of this in more detail. A mortgage broker to look at options for getting your mortgage paid off faster, and depending on your goals, the people who handle property, planning or tax. They already work together, so instead of chasing specialists one by one, you're pointed to a team that does.

You're never charged for the call, and never locked into anything. If you decide it's not for you, that's a perfectly good outcome too.

What happens next: we'll call to chat about what you're after, just broking, or the investment side too. We collect your name, number and the figures you entered so we can have a useful conversation. If you'd like to go further, and only with your okay, we'll introduce you to a licensed broker or specialist and pass on those details. We may be paid a referral fee for that. We don't sell your details or send marketing. More on how we handle your information in our Privacy Policy.

Add your name and number so we can reach you.