Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
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Owner Occupier | Principal & Interest | < 80% | $150,000 | |
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Investor | Principal & Interest | < 80% | $150,000 |
For those who are looking to reduce their home’s environmental impact, Gateway Bank’s Green Plus Home Loan offers reduced rates and a range of handy features, including an offset account, free extra repayments, and access to a redraw facility. And if you're keen on a a loan that supports sustainable developments, you'll be happy to know that this mortgage from Gateway is a top performer in it's class.
The Green Plus Home Loan from Gateway Bank rewards borrowers who are looking to buy, refinance, build or upgrade to an energy efficient home. So long as your property scores at least 7 stars under the Nationwide House Energy Rating Scheme (NatHERS) or Residential Efficiency Scorecard, you could be looking at variable rates as low as 5.95% p.a. (6.23% p.a. comparison rate*), along with a range of handy features to make your home loan journey as smoothly as possible.
That includes the ability to make free extra repayments, access a redraw facility, and hedge against interest rate changes by splitting your loan. The 100% offset account is also a welcome addition, allowing borrowers to save by reducing the balance on which interest is charged. Funds are also available to access 24/7 via the linked Visa Eco Debit card.
This home loan could be a good fit for those looking for a full featured home loan with competitive rates to reward their efforts to protect the environment.
You will need to provide a certificate from an accredited NatHERS or Residential Efficiency Scorecard assessor showing a rating of 7 stars or higher in order to be eligible. A few fees will apply, including a $299 yearly service fee and a $30 discharge fee.
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5.95% p.a. |
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n/a |
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n/a |
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n/a |
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6.23% p.a. |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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$0.00 |
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$0.00 |
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$0.00 |
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$0.00 |
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n/a |
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$299.00 yearly |
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$300.00 |
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$150,000 |
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none |
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none |
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80.00% |
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Owner Occupier |
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Principal & Interest |
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Weekly, Fortnightly, Monthly |
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yes - free |
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none |
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yes - free |
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$500.00 |
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yes |
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yes |
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Properties must have three environmental features or a Residential efficiency rating of 7 stars. A $95 fee applies for each security discharge in addition to the first. A valuation fee may apply if non-standard or more than one security is used. |
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none |
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none |
WARNING: This comparison rate applies 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. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
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6.20% p.a. |
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n/a |
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n/a |
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n/a |
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6.47% p.a. |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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$0.00 |
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$0.00 |
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$0.00 |
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$0.00 |
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n/a |
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$299.00 yearly |
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$300.00 |
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$150,000 |
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none |
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none |
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80.00% |
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Investor |
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Principal & Interest |
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Weekly, Fortnightly, Monthly |
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yes - free |
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none |
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yes - free |
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$500.00 |
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yes |
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yes |
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Properties must have three environmental features or a Residential efficiency rating of 7 stars. A $95 fee applies for each security discharge in addition to the first. A valuation fee may apply if non-standard or more than one security is used. |
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none |
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none |
WARNING: This comparison rate applies 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. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Mortgage Simplifier
6.14% p.a. variable
6.17% p.a.
Flex Home Loan
6.24% p.a. variable
6.48% p.a.
Elevate
6.09% p.a. variable
6.20% p.a.
SMSF Home Loan (Variable)
6.99% p.a. variable
7.00% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
Flex Home Loan Fixed
5.99% p.a.
fixed 3 years
6.41% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
First Home Buyer Loan
5.90% p.a.
5.93% p.a.
$0.00
Basic Variable Home Loan
5.94% p.a.
5.99% p.a.
$0.00
WARNING: This comparison rate applies 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. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
