Offset Mortgage Calculator

Offsetting has tax advantages and allows more of your monthly mortgage payment to be used to reduce the mortgage balance, so your mortgage will be repaid sooner saving you interest.

An offset mortgage allows you to make deposits and withdrawals in the same way that you would had you kept your mortgage and savings accounts apart, so you will always have access to your savings.

An offset mortgage could enable you to repay your mortgage sooner.

Offset Mortgage Calculator
Mortgage Terms
Mortgage £
Mortgage term   yrs mths
Offset mortgage rate used   %
My tax rate is  
 
By offsetting savings you already have or intend to make you can reduce the interest on your mortgage and still retain access to your savings.
Savings balances and annual interest rate currently earned
I have savings of £ % pa
Monthly savings amount £ % pa