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Mortgage Offset
A mortgage offset allows you to accumulate savings in a specific account and use that account balance to reduce interest on your home loan
Features & benefits
✓ Reduce interest on your home loan
✓ No ongoing/monthly account keeping fees
✓ No penalties for additional payments or early payout
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Broken Hill Bank. a business name of The Broken Hill Community Credit Union Ltd ABN 12 087 650 762 Australian Credit Licence 238020. Credit eligibility criteria, terms and conditions, fees and charges apply. Full details are available on application.
*The comparison rate is based on a secured loan $150,000 over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.