🌿Event Recap: Life-n-Loans Talks Offset Mortgages at Leafy Labs Green Networking Event
We had a fantastic time at the recent networking event hosted by Leafy Labs – a lively gathering of business owners, professionals, and community-minded people, all coming together to share knowledge and spark new opportunities.
One of the key moments of the event came when Kaushik from Life-n-Loans took the stage to present a practical and powerful topic that affects many Kiwi homeowners: the Offset Mortgage.
💡What is an Offset Mortgage?
In simple terms, an offset mortgage allows you to link your home loan with your everyday bank account. Instead of earning interest on your savings, the balance is offset against your mortgage, reducing the portion of the loan that accurues interest.
For example:
If your home loan is $500,000 and you have $50,000 in your offset account (savings account), you’ll only be charged interest on $450,000. This can result in substantial savings over time and help you pay your mortgage off faster – without needing to lock your money away.
This structure works well for:
- First-home buyers with regular income and savings
- Growing families who want to reduce long-term interest costs
- Anyone who wants more control over their financial journey
🎥Watch the Recap
Couldn’t make the event? We’ve got you covered. You can check our highlights from Kaushik’s presentation in our short video. His passion for making mortgages knowledge accessible truly came through, and it was clear that many attendees left with a stronger understanding of how to make their money work smarter.
🤝Let’s chat about YOUR mortgage
If you’re wondering whether an offset mortgage is the right fit for your financial situation, we’d love to help.
📩Reach out to the Life-n-Loans team for a friendly, no-obligation chat.
We’ll walk you through your options and help tailor a solution that supports your goals – whether you’re buying your first home, refinancing, or simply wanting to save on interest.
