Regional Australia Bank Sustainable Home Loan

This product is available in different versions. Pick the right version for you here.

The details shown below are for an owner occupier taking out a principal & interest loan of at least $100,000 with an LVR below 95%

The details shown below are for an owner occupier taking out a interest only loan of at least $100,000 with an LVR below 95%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 95%

    Loan: $100,000

  • Owner Occupier (Interest Only)

    LVR < 95%

    Loan: $100,000

3.59% p.a.

3.61% p.a.

$0.00

Regional Australia Bank Sustainable Home Loan

3.59% p.a.

3.61% p.a.

$0.00

4.19% p.a.

4.21% p.a.

$0.00

Regional Australia Bank Sustainable Home Loan

4.19% p.a.

4.21% p.a.

$0.00

Mozo Review   Regional Australia Bank Sustainable Home Loan Review

Last updated: 20 June 2019.

What's hot:
  • Mozo’s 2017 Experts Choice Award Winner - Green Home Loan

  • 3.59% variable rate (3.61% comparison rate*)

  • No ongoing service fee

What's not:
  • Minimum $500 redraw

Mozo snapshot:

If you’re about to get your first home loan or looking to buy property with eco-friendly features, look no further than Regional Australia Bank’s Sustainable Home Loan. This loan not only delivers on its energy efficient promise, but also provides great value, which is exactly why it's the Green Home Loan winner in the 2017 Mozo Experts Choice Awards.

Key features:

The Sustainable Home Loan from Regional Australia Bank has a variable rate of 3.59% (3.61% comparison rate*). It’s available to owner occupiers with an LVR up to 95% (or a 5% deposit or over). There are no application, valuation, settlement or service fees and the legal and discharge fees are just $250.

You can also time your repayments to suit your needs as weekly, fortnightly or monthly repayment options are available. In addition, you also get a 3% discounted interest rate on Your Choice Credit Card

The Sustainable Home Loan also comes with the option of making additional payments on your loan through the extra repayments facility that also comes with a redraw facility if you prefer to draw on that amount later on (minimum redraw of $500).

Other features also include the option for repayment holidays, a split account and offset account.

One thing to keep in mind is to ensure that your home passes the current minimum environmental standards before purchasing this home loan. It is also essential to choose at least one feature from List A i.e: (Solar Power System (including PV) and two features from List B, i.e: (Solar Hot Water and 5 star+ Gas or Electric Heating) as indicated on Regional Australia Bank’s website.

Who it's good for:

This is a great value home loan for borrowers looking for environmentally friendly and sustainable features for their new home or would like to add extra features to their existing home.

Any catches?

One thing to be mindful of is that this home loan is only available to homeowners and though there is no maximum loan amount, a minimum $100,000 loan amount applies.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.59% p.a.

  • n/a

  • n/a

  • n/a

  • 3.61% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $250.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $250.00

Other financial bits
  • $100,000

  • none

  • none

  • 95.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • Home must pass current minimum environmental standards and must have at least one feature from List A and two features from List B on Regional Australia Banks website. Valuation fee payable at cost.

  • 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.

Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 4.19% p.a.

  • n/a

  • n/a

  • n/a

  • 4.21% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $250.00

  • $0.00

  • $0.00

  • n/a

  • $0.00

  • $250.00

Other financial bits
  • $100,000

  • none

  • none

  • 95.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $500.00

  • yes

  • yes

  • Home must pass current minimum environmental standards and must have at least one feature from List A and two features from List B on Regional Australia Banks website. Valuation fee payable at cost.

  • 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.

Customer Reviews

How are Regional Australia Bank home loans rated by the Mozo community?

Overall customer rating
8.5/10
Price
8.2/10
Features
7.4/10
Customer service
8.3/10
Convenience
8.5/10
Trust
8.9/10

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.03% p.a. variable

3.05% p.a.

$520

Promoted

UBank

UBank

UHomeLoan - Discount Offer

3.34% p.a. variable

3.34% p.a.

$0

Promoted

ME

ME

Flexible Home Loan (Fixed, Member Package)

3.58% p.a.
fixed 3 years

4.26% p.a.

$200

Promoted

Athena

Athena

Variable Home Loan

3.09% p.a. variable

3.05% p.a.

$0

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

2.99% p.a.
fixed 3 years

4.19% p.a.

$450

Promoted

Newcastle Permanent

Newcastle Permanent

Real Deal Home Loan

3.49% p.a. variable

3.49% p.a.

$0

Promoted

HSBC

HSBC

Home Value Loan

3.47% p.a. variable

3.48% p.a.

$150

Promoted

Bank Australia

Bank Australia

Basic Home Loan

3.51% p.a. variable

3.52% p.a.

$0

Promoted

Athena

Athena

Variable Home Loan

3.09% p.a.

3.05% p.a.

$0

Promoted

UBank

UBank

UHomeLoan - Discount Offer

3.34% p.a.

3.34% p.a.

$0

Promoted

Homestar

Homestar

Star Essentials Home Loan

2.99% p.a.

2.99% p.a.

$0

Promoted

Tic:Toc

Tic:Toc

Variable Home Loan

3.07% p.a.

3.08% p.a.

$0

Promoted

HSBC

HSBC

Home Value Loan

3.47% p.a.

3.48% p.a.

$150

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.03% p.a.

3.05% p.a.

$520

Promoted

Bank of Queensland

Bank of Queensland

2 Year Intro Rate Variable Home Loan

3.54% p.a.variable for 24 months and then 4.01% p.a.

4.06% p.a.

$150

Promoted

Bank Australia

Bank Australia

Basic Home Loan

3.51% p.a.

3.52% p.a.

$0

Promoted

UBank

UBank

UHomeLoan (1 Year Fixed)

n/a

n/a

$395

Promoted

Bank of Queensland

Bank of Queensland

Fixed Rate

2.99% p.a.
fixed 3 years

4.19% p.a.

$450

Promoted

loans.com.au

loans.com.au

Fixed Home Loan

3.19% p.a.
fixed 3 years

3.43% p.a.

$520

Promoted

ME

ME

Flexible Home Loan (Fixed, Member Package)

3.58% p.a.
fixed 3 years

4.26% p.a.

$200

Promoted

Tic:Toc

Tic:Toc

Fixed Home Loan

n/a

n/a

$0

Promoted

Bank Australia

Bank Australia

Basic Home Loan (Fixed)

3.64% p.a.
fixed 3 years

3.74% p.a.

$0

Promoted

UBank

UBank

UHomeLoan (Fixed)

3.24% p.a.
fixed 3 years

3.70% p.a.

$395

Promoted

loans.com.au

loans.com.au

Smart Loan Fixed (Package)

3.19% p.a.
fixed 3 years

3.63% p.a.

$520

Promoted

loans.com.au

loans.com.au

Smart Home Loan

3.03% p.a.

3.05% p.a.

$0.00

Promoted

UBank

UBank

UHomeLoan - Discount Offer

3.34% p.a.

3.34% p.a.

$0.00

Promoted

Athena

Athena

Variable Home Loan

3.09% p.a.

3.05% p.a.

$0.00

Promoted

Newcastle Permanent

Newcastle Permanent

Real Deal Home Loan

3.49% p.a.

3.49% p.a.

$0.00

Promoted

HSBC

HSBC

Home Value Loan

3.47% p.a.

3.48% p.a.

$0.00

Promoted

Bank Australia

Bank Australia

Basic Home Loan

3.51% p.a.

3.52% p.a.

$0.00

Promoted

Heritage Bank

Heritage Bank

Discount Variable Home Loan

3.57% p.a.

3.62% p.a.

$0.00

Promoted

Hunter United

Hunter United

No Regrets 1st Home Buyers

3.27% p.a.

3.37% p.a.

$8.00 monthly

*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.