In today’s short-form finance episode,  our finance hero, Shehan takes us through what an offset account is, and its benefits.

We discuss the following:
1.      How an offset account is a simple transaction account
2.      How an offset account works with your home loan
3.      How your home loan repayment is split into two parts
4.      An example of how your loan is paid back faster with an offset account
5.      How much an offset account costs you and is it worth it
6.      A quick snapshot of an offset account vs. redraw
7.      A summary of some lenders that have multiple offset accounts

Thanks again and catch you next time.
The Property Heroes
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We release a few different episodes a week
Monday
- A short rapid-fire educational episode about property/real estate
Wednesday
- A longer form, conversational episode talking all thing property and finance.
Friday
- A short rapid-fire educational episode about finance. If you have any questions or any comments, it would be great to hear from you [email protected] or you can reach us through our social.
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