A smarter way to use your money. A faster way to pay off your home.
What if the money sitting in your account could help pay down your mortgage while still remaining available when you need it?
An Offset Mortgage is designed to help you make more of your money work for you. Instead of having your paycheck sit in a traditional checking account while your mortgage continues accumulating interest, your available money helps reduce the balance used to calculate your mortgage interest.
The result? You could pay significantly less interest, lower your required monthly payment over time, and potentially own your home years sooner, all without necessarily increasing what you spend each month.
Additional benefits
- Lower your monthly payments by hundreds — even thousands — and save even more when you also pay off high-interest debts like credit cards and car loans.
- 24/7 access to your equity whenever you need
it — use your debit card, checks or bill pay anytime. No refinance, no second mortgage, no extra fees. - When rates fall, yours can too — without paying to refinance, as your rate follows the market.
How is this possible?
- Principal is paid first — your money goes to your balance first, not front-loaded interest like a traditional mortgage.
- Your money offsets your mortgage — every paycheck and dollar left after expenses lowers the balance you’re charged interest on.
- A minimum payment that drops every month — so as your balance falls, more of your money can go to principal.
A real client scenario*
Here’s how an $800,000 mortgage compared under a traditional 30-year mortgage versus an Offset Mortgage.
| Traditional Mortgage | Offset Mortgage | |
|---|---|---|
| Original loan amount | $800,000 | $800,000 |
| Payoff timeline | 30 years | 6.4 years |
| Total interest paid | $1,116,071 | $206,667 |
| Average minimum monthly payment | $5,322 | $2,683 |
| Effective 30-year rate | 7.000% | 1.592% |
They saved:
✅ $909,404 in interest savings
✅ 23.6 years paid off sooner
See what YOU could save.
Book a free 15-minute savings analysis — we’ll run your real
numbers side by side.
*Hypothetical illustration based on an actual Simplify Home Loans client scenario; traditional loan assumes a 30-year fixed at 7.00% with minimum payments. Offset results depend on income, spending, deposits and rate, and will vary. The effective 30-year rate is the fixed rate a 30-year loan would need to produce the same total interest ($206,667) as this scenario; it is not the note rate or APR. The Offset Mortgage’s actual interest rate is adjustable and higher than the effective rate shown. The Offset Mortgage is a first-lien home equity line of credit with an adjustable rate that may increase. Consolidating debt may increase the total amount secured by your home. Not all borrowers will qualify; subject to credit approval and program guidelines. This is not a commitment to lend.
