HLG013 Making clever use of offset accounts (501 words)

This article explains how offset accounts can be used to reduce loan terms and interest on home mortgages and investment properties. It includes a case study to show how they can be used as a highly effective planning tool.

It’s a common misconception that mortgage offset accounts are loan products when in fact they are savings accounts sitting within a mortgage structure. If you’re not sure how mortgage offset accounts might benefit you – read on!