A loan offset is a financial arrangement in which a borrower uses the funds in a savings or transaction account to offset the balance of a loan. The borrower's account is linked to their loan account, ...

Many homeowners are considering using their savings to overpay on their home loan – paying off some of their debt to try and reduce monthly repayments. However, not everyone wants to part with their ...

For most people with a mortgage and offset account, the goal is to maximise cash in the offset in order to reduce the interest they pay on their home loan. A strategy some swear by, to achieve this, ...