{"id":279,"date":"2017-11-27T23:27:52","date_gmt":"2017-11-27T23:27:52","guid":{"rendered":"http:\/\/newgenholdings.nexty.com.au:81\/?post_type=ufaq&#038;p=279"},"modified":"2017-11-27T23:28:07","modified_gmt":"2017-11-27T23:28:07","slug":"what-is-offset-account","status":"publish","type":"ufaq","link":"https:\/\/newgenholdings.com.au\/en\/ufaqs\/what-is-offset-account\/","title":{"rendered":"What is Offset Account?"},"content":{"rendered":"<div  class=\"ewd-ufaq-faq-list ewd-ufaq-page-type-distinct\" id='ewd-ufaq-faq-list'>\n\n\t<input type='hidden' name='show_on_load' value='' id='ewd-ufaq-show-on-load' \/>\n<input type='hidden' name='include_category' value='' id='ewd-ufaq-include-category' \/>\n<input type='hidden' name='exclude_category' value='' id='ewd-ufaq-exclude-category' \/>\n<input type='hidden' name='orderby' value='date' id='ewd-ufaq-orderby' \/>\n<input type='hidden' name='order' value='desc' id='ewd-ufaq-order' \/>\n<input type='hidden' name='post_count' value='-1' id='ewd-ufaq-post-count' \/>\n<input type='hidden' name='current_url' value='\/en\/wp-json\/wp\/v2\/ufaq\/279' id='ewd-ufaq-current-url' \/>\n\t\n\t\n\t<div class='ewd-ufaq-faqs'>\n\n\t\t<div  class=\"ewd-ufaq-faq-div ewd-ufaq-faq-column-count-one ewd-ufaq-faq-responsive-columns- ewd-ufaq-faq-display-style-default ewd-ufaq-can-be-toggled\" id='ewd-ufaq-post-279-xNhpMG5CRh' data-post_id='279'>\n\n\t<div class='ewd-ufaq-faq-title ewd-ufaq-faq-toggle'>\n\t\n\t<a class='ewd-ufaq-post-margin'  href='#'>\n\n\t\t<div class='ewd-ufaq-post-margin-symbol ewd-ufaq-square'>\n\t\t\t<span >B<\/span>\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-faq-title-text'>\n\n\t\t\t<h4>\n\t\t\t\tWhat is Offset Account?\t\t\t<\/h4>\n\n\t\t<\/div>\n\n\t\t<div class='ewd-ufaq-clear'><\/div>\n\n\t<\/a>\n\t\n<\/div>\n\t\n\t<div class='ewd-ufaq-faq-body ' >\n\n\t\t\n\t\t\t\n\t\t\n\t\t\t<div class='ewd-ufaq-post-margin ewd-ufaq-faq-post'>\n\t<p>An offset account is a transaction account that is linked to your loan account. The balance of your transaction account is offset daily against your outstanding loan balance, reducing the interest payable on that loan.<\/p>\n<p>Offset account enables you to make the most of your income and other funds to reduce the interest payable on your home loan.<\/p>\n<p>Please refer to the below diagram:<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter wp-image-280 size-full\" src=\"http:\/\/newgenholdings.nexty.com.au:81\/wp-content\/uploads\/2017\/11\/di.jpg\" alt=\"\" width=\"500\" height=\"200\" \/><\/p>\n<\/div>\n\t\t\n\t\t\t<div class='ewd-ufaq-faq-custom-fields'>\n\n\t\n<\/div>\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t\t\t\n\t\t\n\t<\/div>\n\n<\/div>\n\t<\/div>\n\n\t\n<\/div>","protected":false},"excerpt":{"rendered":"<p>B What is Offset Account? An offset account is a transaction account that is linked to your loan account. The balance of your transaction account is offset daily against your outstanding loan balance, reducing the interest payable on that loan. Offset account enables you to make the most of your income and other funds to reduce the interest payable on your home loan. Please refer to the below diagram:<\/p>\n","protected":false},"author":1,"comment_status":"open","ping_status":"closed","template":"","ufaq-category":[],"ufaq-tag":[],"_links":{"self":[{"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/ufaq\/279"}],"collection":[{"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/ufaq"}],"about":[{"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/types\/ufaq"}],"author":[{"embeddable":true,"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/comments?post=279"}],"wp:attachment":[{"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/media?parent=279"}],"wp:term":[{"taxonomy":"ufaq-category","embeddable":true,"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/ufaq-category?post=279"},{"taxonomy":"ufaq-tag","embeddable":true,"href":"https:\/\/newgenholdings.com.au\/en\/wp-json\/wp\/v2\/ufaq-tag?post=279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}