Green Loans
Green loans are financial products offered by banks to promote environmentally friendly practices. These loans are typically designed for projects or purchases that contribute to sustainability, such as energy-efficient home improvements, solar panel installations, and electric or hybrid vehicles.
If you are a homeowner with a mortgage from one of the major banks.
You may be eligible for a green loan top up to:
- Create a warmer, drier or more energy efficient home
- Purchase a hybrid or electric vehicle
ASB Better Homes Top Up
Top up your ASB Home Loan, up to $80,000, to make your home drier, warmer or more energy efficient or to purchase a hybrid or electric vehicle.
ASB Better Homes Top Up
Fixed for 3 years
Min 20% equity
https://www.asb.co.nz/home-loans-mortgages/better-homes-top-up.html
ANZ Good Energy Home Loan
3 year fixed-rate 1.00%p.a.
Top up your ANZ Home Loan at a fixed rate for 3 years, up to $80,000, to make your home and transport more energy efficient and better for the environment.
https://www.anz.co.nz/personal/home-loans-mortgages/loan-types/good-energy/
BNZ Green Home Loan top-ups
You could borrow up to $80,000 at a 1% p.a. 3-year fixed rate to pay for eligible upgrades to your home or for electric transport options.
https://www.bnz.co.nz/personal-banking/home-loans/manage-your-loan/top-ups/green-home-loan-top-ups
Westpac Greater Choices Home Loan.
With a Westpac Greater Choices home loan, you could get up to $50,000 interest free for five years to help you create a warmer, drier and more energy efficient home life.
You can take out more than one Westpac Greater Choices home loan provided you do not exceed the $50,000 limit overall.
https://www.westpac.co.nz/home-loans-mortgages/options/greater-choices-home-loan/