HOW DOES A GREEN HOME LOAN HELP PROTECT THE ENVIRONMENT?
By being able to qualify for a Green Home Loan you have committed to building or living in sustainable housing that reduces your impact and carbon emissions on the planet. This is done through clever design and material selections helping you reduce your electricity and water usage as well as your monthly bills. If your home loan is also with a responsible lender then they are also playing a key part by ensuring they only lend to people and companies working towards the same goals.
HOW DO I QUALIFY FOR A GREEN HOME LOAN?
Some lenders will reward you with lower interest rates if your house meets a certain criteria. Such criteria generally includes:
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Solar panels
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Double glazing
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Water storage tanks
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Insulation
To find out if you qualify contact us today.
DOES SUSTAINABLE HOUSING COST MORE?
In short, yes but over the long term, no. Sustainable housing will need to meet a minimum of a 7-star NatHERS rating and typically include additional extras not normally included in standard houses such as Solar Panels, Water Catchment, Double Glazing and different construction methods/materials. While these items do add additional costs through clever designs and construction methods, prices can become very competitive to conventional housing costs. The biggest benefit is over the long term, not only will your home be more comfortable to live in but it will also cost significantly less to run by reducing electricity and water usage.
HOW MUCH CAN I BORROW?
This is the magic question and will be different for every person. To get a better idea of how much you could afford try our calculator here