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Commonwealth Bank's Green Loan is only available for existing CommBank home loan and investment home loan customers. Loans are available from $5,000 to $20,000 at a rate of just 0.99% p.a.
Rates on this loan are fixed, and you can make repayments over a period of 10 years.
3 things to know about this loan:
From 0.99% (fixed)
Interest Rate (p.a.)
0.99%
Comparison Rate (p.a.)
$5,000
Min Loan Amount
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Product Name | CommBank Green Loan |
---|---|
Interest Rate (p.a.) | From 0.99% (fixed) |
Comparison Rate (p.a.) | 0.99% |
Interest Rate Type | Fixed |
Min Loan Amount | $5,000 |
Max. Loan Amount | $20,000 |
Loan Security | Secured |
Commonwealth Bank's Green Loan allows borrowers to purchase eco-friendly home improvements, helping people to help save the environment and save money on their monthly utilities. Loans are available from a minimum of $5,000 up to a maximum of $20,000. This loan also features an extra-low fixed rate of just 0.99% p.a. that is repayable over a period of 10 years.
This loan can enable home owners to purchase 1 or more of the energy-efficient renovations below:
Borrowers have to be existing CommBank home loan or CommBank investment home loan customers in order to qualify for this loan.
CommBank offers a range of features on its loan, including the following:
The following rates and fees are associated with this loan:
To apply for a CommBank Green Loan, you must meet and provide the following:
To prove your eligibility, you will usually be required to provide:
You may also need:
For more information, contact CommBank directly by clicking "Go to site". Prospective applicants for environmentally friendly loans can also find a range of similar products to compare.