An Offset Mortgage Calculator evaluates an offset mortgage’s potential savings and benefits. Offset mortgages allow borrowers to link their mortgage account to a savings or transaction account. The calculator helps users determine their interest savings by offsetting their savings balance against their mortgage. By inputting details such as mortgage amount, interest rate, savings balance, and term, the calculator illustrates how the linked savings reduce the interest payable on the mortgage, potentially shortening the loan term or reducing overall interest costs. It assists borrowers in understanding the financial advantages of using offset features within a mortgage structure.