To use the offset savings calculator, follow these steps:
1. Enter your loan balance
2. Input your term and frequency of repayments.
3. Specify the rates of each split, the amount and the fixed rate term.
After providing these details, the calculator will show the estimated amount of interest saved over the life of the loan. Remember, this figure offers an estimate based on the information provided. It is crucial to consult with a financial advisor or lender for a more accurate assessment and to identify the best loan options for your specific needs.