Offset Mortgage Calculator
See how holding savings in an offset account reduces the interest you pay — and how much sooner you could be mortgage-free.
Mortgage Details
12% of mortgage
Results
Effective Mortgage Balance
£220,000
£30,000 offset
Monthly Payment
£1,390
Total Interest Saved
£52,499
by holding savings in offset account
Term Reduction
3y 1m
mortgage paid off earlier
Cumulative Interest Saved by Year
Y1
£1,378
Y5
£7,554
Y9
£14,945
Y13
£23,791
Y17
£34,378
Y21
£46,737
Y25
£52,499
Cumulative interest saved compared to standard mortgage