Additional features you can use to save money include:
Offset account: a separate transaction account you open which is linked to your home loan account. Any money paid into your offset account reduces the amount of interest you’re charged on your principal on a dollar-for-dollar basis.
Flexible repayments: available with variable rate home loans, means you can choose whether you make your mortgage payments weekly, fortnightly or monthly. In addition, flexible repayments allow you to make additional lump sum repayments off your loan with no penalties, meaning you can pay off your loan sooner and so reduce the interest you’ll pay overall.  Use Savvy’s lump sum repayment calculator to see how much you can save by making regular additional repayments off your loan.