Offset vs Redraw: The Differences That Matter
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Offset accounts. Redraw facilities. Everyone’s heard the terms but do you actually know which one works best for you?
In this episode of the TFS Wealthcast, we break down the real difference between offset accounts and redraw facilities in simple, practical terms. No jargon. No fluff. Just clear strategies that can potentially save you thousands in interest and years off your mortgage.
Pramu shares:
What an offset account really does
How redraw facilities can accelerate your loan payoff
The pros and cons of each
Which strategy suits first home buyers, business owners, and…
The skinny
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