Home Loans | Refinance | Investment Phone 1800 101 368 | Email Customer Service
Broker Area enter

100% Offset Loan

The 100% Offset Home Loan is aimed at customers who want to be able to separately identify how much money they have and how much they owe but at the same time get similar interest benefits that can be gained from all-in-one loan products like a line of credit.

How the Allstate Offset loan can work for you

Example: You have a home loan of $250,000 and a balance of $15,000 in your offset account. Interest is calculated on $235,000, instead of $250,000.

Our offset home loans have no ongoing monthly or annual fees.


It is possible to have a 100% offset facility during construction.

You will receive a Cashcard for easy and convenient access to the funds you have in the offset account using ATM's + EFTPOS.

LVR up to 95% plus capitalise the Mortgage Insurance

Our Term Loan allows you to borrow up to 95% of your property value PLUS you have the option of capitalising  the mortgage insurance premium on top of this amount. Note: Where LVR exceeds 90% loan must be Principal & Interest repayments, Owner Occupied security and for a purchase only.

Principal and Interest or Interest Only repayment structures

Put simply, you can choose whether initially you would like to repay just the interest on the amount you borrow or make principal and interest repayments. Paying back the loan on an interest only basis is a popular option for investors. Our range of term loans allow up to a maximum period of 10 years for interest only repayments.

Fixed or variable interest rates

A fixed interest rate helps with budgeting and gives you the security of knowing exactly how much your repayments will be each month as the rate is fixed for a set period of time. A variable interest rate can fluctuate at any given stage throughout the life of your loan, which means that your minimum required repayment will also fluctuate.

Internet and Phone Banking

We know that managing repayments shouldn't take up your life so our internet and phone banking facilities are available 24 hours a day to save you time and hassle. All Internet banking transactions are also free of charge, including BPAY and Pay Anyone facilities.

Apply now