Looking for an offset sub-account?

Smart Booster Home Loan
  • 1.85%
    discount var rate p.a.~
  • 2.21%
    comparison rate p.a.*
SPECIAL OFFER

Offset sub-account for homeowners

Enjoy the flexibility to redraw from your offset account. Get a VISA debit card to access your cash from an ATM or EFTPOS machine.

Smart Booster Investor Bundle
  • 1.99%
    discount var rate p.a.+
  • 2.71%
    comparison rate p.a.*
SPECIAL OFFER

Offset sub-account for investors

Make the most of your offset sub-account with the flexibility of redrawing those funds at any time and fully maximise the benefits of your investment loan.

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What is an offset sub-account?

By adding an offset sub-account to your loan, you’ll pay it off faster and with less interest, plus with VISA debit access to your loan.

  No ongoing or monthly fees
  Online, ATM and VISA debit access to your money
  Pay less interest on your loan!

Whenever you put money into your offset sub-account, that money is 100% “offset” against your home loan, with VISA debit access. So, if you had a home loan of $350,000 and $5,000 in your offset sub-account, you only pay interest on the $345,000.

You can even maximise the "offset effect" by arranging for your salary to be paid into your offset sub-account. In this way your money is immediately put to work for you, saving interest!

Our owner occupied variable rates

Product name

LVR

Up to 80%

Principal & Interest rate p.a.

1.85%

2.21% comp rate*

Interest only rate p.a.

-

-

Product name

LVR

Up to 80%

Principal & Interest rate p.a.

2.48%

2.50% comp rate*

Interest only rate p.a.

2.79%

2.81% comp rate*

Product name

LVR

Up to 80%

Principal & Interest rate p.a.

2.73%

2.75% comp rate*

Interest only rate p.a.

-

-

Our investor variable rates

LVR

Up to 80%

Principal & Interest rate p.a.

1.99%

2.71% comp rate*

Interest only rate p.a.

1.99%

2.71% comp rate*

Product name

LVR

Up to 80%

Principal & Interest rate p.a.

2.74%

2.76% comp rate*

Interest only rate p.a.

2.99%

3.01% comp rate*

Find your next home loan

For 10 years, we've been helping Aussies into their dream homes and saving them thousands. Find the right loan for you today so you can start saving too.

Get started

Apply online or speak to one of our Australian based loan specialists who will take care of all the paperwork for you. Applying is easy and we can settle your loan quickly so you start saving sooner. With loans.com.au you can have confidence in dealing with Australia's largest non-bank lender.

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Benefits of opting for an offset

No ongoing or monthly fees

Once you opt for the offset sub-account for an additional 0.10% to your loan, you’ll pay no ongoing, monthly or annual fees.

Access your money easily!

You can access your money in your offset sub-account online, at the ATM and or via your VISA debit card.

Pay less interest on your loan!

When your funds move from your loan account to your offset sub-account, it is 'offset' against the balance of your home loan. This means you only pay interest on the difference between the loan amount and the amount in your redraw offset facility. This means you pay off the loan faster and with less interest.

Offset sub-account features

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100% offset

When your funds move from your loan account into your offset sub-account^, that balance is 100% against the balance of your home loan, so you are paying less in interest!

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Visa card

Get a VISA debit card with your offset sub-account.

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ATM / EFTPOS

You can also access the funds in your offset sub-account via an ATM or pay via EFTPOS.

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Redraw

Have the flexibility to redraw from your offset sub-account.

Offset account

One question we get asked all the time is “what is an offset sub-account and how can I benefit from using it?

Offset account

Calculate how much time and interest you could save on your home loan with an offset sub-account using our handy offset calculator.

Offset account

An offset sub-account is a great feature for borrowers and can help you save time and money off your mortgage. Find out if an offset sub-account is right for you.

Offset account

Variable, fixed and offset - understanding your home loan options is the first step to finding the best home loan for you.

Offset account

This feature allows to you offset any cash funds you hold, including your salary, against your loan balance and save on interest.

Offset account

Want to reduce the interest charged on your home loan and save thousands of dollars? Having an offset facility is probably the best way to do so.

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loans.com.au. Saving Aussies thousands for 10 years.

For 10 years, we've been helping people into their dream homes and cars. Aussies have trusted our experienced & locally based team to support them with low home loan and car loan rates, approved quickly through our online app.

loans.com.au is backed by Firstmac. Firstmac is Australia’s 13th largest lender with more than 40 years experience and Premier Sponsors of the Brisbane Broncos.

Chat to us today, you could save thousands.

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Questions? We can help

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