Shave years off your home loan
Your TotalMoney home loan works best when combined with TotalMoney everyday accounts, using your smaller, everyday spending and saving goals to help you reach your future goals.
Reduce the interest you pay
TotalMoney looks at the combined balances of your TotalMoney everyday accounts^ and subtracts these from the total owing on your TotalMoney home loan, so you only pay interest on the remaining amount.
Every dollar adds up
Whether it’s for your weekly supermarket shop, your bill money, savings for a dream holiday or your kitchen renovation fund - every dollar in your TotalMoney everyday accounts helps to reduce the interest you pay on your TotalMoney home loan.
How offsetting works
Benefits of TotalMoney
Get the benefit of a flexible home loan, plus everyday accounts that save you interest.
Whatever your balance, by using offsetting, your TotalMoney everyday accounts help lower the interest you pay on your TotalMoney home loan. All of it adds up for your benefit.
Pay off your home loan as and when it suits you by changing the amount of your regular payments online. Use our repayment calculator to work out how many years you could take off your home loan by increasing your payments.
Motivate yourself to stay on track and visualise your goals by personalising your accounts. Attach a picture of your house to your home loan or your dream kitchen to your renovations account.
If you don’t have a home loan, pool all of your TotalMoney accounts together and you’ll earn interest on the combined balance. Get up to 50 accounts in one TotalMoney group.
TotalMoney does the hard work for you
TotalMoney at a glance
- Up to 50 accounts for yourself and your family to use
- Reduce the amount of interest you pay through offsetting your home loan
- Award-winning internet and mobile banking
- Unlimited number of withdrawals
- Unlimited transactions and no transaction fees^
- Free alerts
- -% p.a. floating rate on your home loan
- 0% credit interest rate^
- -% p.a.(-) credit interest rate
Manage it all in Internet Banking
Manage your TotalMoney home loan and TotalMoney everyday accounts all in one place. Check your balances, personalise your accounts, change your home loan repayments, and say goodbye to paper statements.
Talk to an expert
To talk to us about your TotalMoney options, fill in the form below and we'll be in touch.