Smart Booster Home Loan

Reasons to add an offset

Add a redraw offset facility with VISA debit access to your loan to help you to pay it off faster and with less interest.

Whenever you put money into your redraw offset facility, 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 redraw offset facility, 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 redraw offset facility. In this way your money is immediately put to work for you, saving interest!