Borrow up to $50,000 for energy efficient home improvements
Low interest rate
No security required

Looking to make some energy efficient improvements to your home?

Our Green Reno Loan can provide you with up to $50,000 for all those eco home improvement goals without needing to extend your home loan. Existing home loan not with us? Not to worry, you are still able to apply for our variable Green Reno Loan.

You can use our Green Reno Loan for any of the following energy efficient purchases:

  • Solar panels for your residential property
  • Solar or heat pump hot water system
  • Insulation
  • Battery packs
  • At home electric vehicle charging station
  • Double glazed windows

Installation costs for the above purchases can also be included in your Green Reno Loan.

Have another energy efficient purchase in mind? We would love to hear it! Contact your local branch to discuss the option you have in mind.

Thinking about sprucing up the kitchen, putting in a pool, building a shed or giving the bathroom a modern refresh? Then our Reno Loan may be the alternate solution for you.

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Features

  • Variable rate
  • Energy efficient purchases for your home - no new mortgage required to do so!
  • No limits on making extra repayments
  • Low interest rate
  • No security required
  • No establishment or monthly loan maintenance fees
  • Borrow from $3,000 to $50,000 for your home improvements and renovation project
  • Terms from one to 10 years
  • Choice of weekly, fortnightly or monthly repayments

Rates & Fees

Green Reno Loan 6.49Interest rate 6.49**Comparison rate
Effective from Thursday 23 November 2023
Fees
Establishment fee $0
Loan maintenance fee $0

Interest rate from

6.49 Percent per annum

Comparison rate from

6.49 Percent per annum **

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The fine print

The Canstar Award Outstanding Value - Green Personal Loan was awarded in Queensland in November, 2023 for the Green Reno Loan product.

Please be aware that variable interest rates may change at any time without agreement. All interest rates quoted are per annum. Fees and charges are payable. Normal lending criteria, terms and conditions apply and are available on request.

** WARNING: These comparison rates apply only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. A comparison rate schedule is available at any of our branches. Comparison Rate calculated on an unsecured loan of $30,000 over a 5 year term based on monthly repayments.

Before acquiring this product, the information above should be read in conjunction with the following documents to determine if this product is right for you: Target Market Determination; Green Reno Loan brochure; Account and Access Facility Conditions of Use brochure; Fees and Charges brochure; Credit Guide and the Loan Interest Rate Schedule.