Want to know how you can get $2,000 cashback on a Green Home Loan or Green Plus Home Loan? Chat to one of our team.

About Gateway's Green Home Loans

At Gateway, we don’t believe banking should cost the earth, that’s why we’ve created Home Loans designed to reward customers who have made the commitment to live in a home that is gentler on the environment. We offer the Green Plus Home Loan for energy efficient homes with a certified 7 Star rating from NatHERS or Residential Efficiency Scorecard, and a separate Green Home Loan package for homes that have a Residential Efficiency Scorecard rating between a minimum 4 Star up to a maximum 6 stars, and those that have not been certified but contain a wide range environmental and energy efficient elements.

 

Offering the same flexibility and benefits as our Premium Package Home Loan, our Green Loans offer a discounted rate to reward the levels of environmental features on your home. You can also feel good knowing that the interest from your loan does not fund industries that harm the environment, including the fossil fuel, deforestation, tobacco, gambling or live export industries. Read more about our Ethical Banking and Ethical Investing policies here.

 

Green Plus Home Loan

The Green Plus Home Loan rewards borrowers with a 0.25% discount from our Premium Package Home Loan1 when they have invested in energy efficiency measures that receive a 7 Star NatHERS Energy Efficiency rating or a 7 star Residential Efficiency Scorecard rating. This loan is designed to help borrowers save money on their home loan as a reward for their efforts to reduce energy consumption and minimize their impact on the environment. As this loan is available for the purchase of existing homes, planned new builds and refinancing your eco home, the benefits and discounted rate of the Green Plus Home Loan has never been more accessible.

  • 100% offset account available with Eco Debit Card
  • 0.25% discount off the Premium Package Variable rate
  • Unlimited extra repayments
  • 1.89%p.a. Interest rate
  • 2.24%p.a.
    Comparison rate

Green Home Loan

The Green Home Loan is designed to enable borrowers to benefit from making impactful environmental upgrades to their home. A Residential Efficiency Scorecard rating between a minimum 4 Star up to a maximum 6 stars or a minimum of three of a wide range of features that make your home more energy efficient could make you eligible for a 0.15% reduced rate from our Premium Package Home Loan2. This could be a simple as solar panels, water storage and double-glazed windows. Read more about our Green Home Loan for a full list of all the eligible environmental features and all the benefits of the loan can offer you, no matter if you’re buying, building or refinancing.

  • 100% offset account available with Eco Debit Card
  • 0.15% discount off the Premium Package Variable rate
  • Unlimited extra repayments
  • 1.99%p.a. Interest rate
  • 2.34%p.a.
    Comparison rate

Find more information about home buying with Gateway Bank

Want to know more?

Rates advertised apply to principal and interest repayment types only. Gateway reserves the right to vary these interest rates at any time. Applications for finance are subject to our standard credit assessment criteria. Full terms and conditions are included in the loan offer. Fees and charges apply.

1 The Green Plus Home Loan interest rate is linked to the Premium Package base rate and will have a 0.25%pa discount from Gateway’s Premium Package Variable Rate (LVR up to 80%) Home Loan. This does not apply to Special Offer Premium Package interest rates.

2 The Green Home Loan interest rate is linked to the Premium Package base rate and will have a 0.15%pa discount from Gateway’s Premium Package Variable Rate (LVR up to 80%) Home Loan. This does not apply to Special Offer Premium Package interest rates.

*To be eligible for the $2,000 Green Plus Home Loan or Green Home Loan cashback offer, apply between 20th September 2021 to 31 December 2021 and settle or for construction partially draw down the loan by 31st March 2022 (Offer Period) on eligible Green Plus Home Loan and Green Home Loan for refinance, purchase and construction applications with a minimum loan amount of $250k and LVR up to 80%. We reserve the right to extend or withdraw the offer at anytime. The offer is available to applicants who are owner-occupiers and excludes top-ups and refinances of internal Gateway Bank Home Loans, non-residents, businesses, trusts and other non-natural persons. Limit of one $2,000 cashback payment regardless of the number of applications, applicants, properties or loans involved per 12 month period. For joint applications, only one cashback payment will be paid to the primary applicant.
The primary applicant must have a Gateway Bank Edge transaction account or a 100% Offset account open at the time of settlement in order to receive the cashback payment of $2,000. The cashback will be credited to the primary borrower's Gateway Bank transaction account within 60 days of loan funding. Applications subject to credit approval. Fees and charges apply.