Offset mortgage calculator
Your home may be repossessed if you do not keep up repayments on your mortgage.
Why consider an offset mortgage?
An offset mortgage might be able to help you pay of your mortgage sooner, or it could reduce the cost of the monthly mortgage payments you make.
How an offset mortgage works
An offset mortgage links to your offset savings account. This can help to reduce the amount of interest you pay on your mortgage. However, you won't earn any interest on your savings.
Offset mortgage calculator
Use the calculator to see if you could use an offset mortgage to reduce your monthly payments or pay off your mortgage more quickly. Remember, this calculator will just give you an idea of how much you might be able to save compared to a capital & interest and interest only mortgage.
If you'd like a better idea of how much you might be able to borrow, you can use our borrowing calculator.
If you'd like a better idea of how much you might be able to borrow, you can use our borrowing calculator.
If you have questions or need help, please give us a call on 0345 166 9510.
Using the offset calculator
You'll need to choose a mortgage offset rate from the list provided and a standard (non-offset) rate for comparison.
Calculator results
This calculator is for illustrative purposes only and is based on interest being applied daily.
The mortgage repayment method used in the calculator is capital and interest and interest only.
The actual amount you can borrow and repayment method available will depend on your personal circumstances and borrowing needs.
Early repayment charges apply and other fees and charges may apply.
Apply online or speak to an expert
Online Decision in Principle
Instant decision
Valid for 90 days
Doesn't affect your credit score
Find out if you can apply online and start our 10 minute application.
Apply over the phone
You'll need to apply by phone if:
Your deposit is less than 10%
You want to apply for an interest only mortgage
You'll still be paying your mortgage after you've retired
Calls to 03 numbers are charged at the same rate as 01 or 02 numbers from all phones.