Owner occupiers making principal and interest repayments with a Wealth Package and at least a 20% deposit will receive the discounted rate provided the home meets certain sustainability and energy-efficient criteria.

Eligible new and existing CommBank customers can submit an expression of interest from today, with applications to open in May.

CommBank customers will be eligible for the Green Home offer if their new home is certified by the Green Building Council of Australia as a 'Green Star Home' or if the new home or renovations meet all of the following:

  • Meet the Nationwide House Energy Rating Scheme’s (NatHERS) 7 stars or greater rating
  • Have solar panels
  • Electrified through the installation of a hot water system heat pump with no gas.

CommBank’s Executive General Manager of Home Buying Dr Michael Baumann said CommBank wants to reward new and existing customers who are taking steps to make homes more efficient, comfortable and healthier for them and the environment.

“We expect all residential homes to be built to these standards over the coming years as we move towards a net zero future and by introducing the new Green Home Offer we want to encourage customers to take steps now to protect the environment and their home," Dr Baumann said. 

"With one in four home loans with CommBank, we have a responsibility to provide customers with accessible solutions that reduce their environmental footprint."

    Advertisement

    Building or buying an energy-efficient home? This table shows some of the lowest interest rates in the market for 'green' home loans.

    Update resultsUpdate
    Filters
    LenderHome LoanInterest Rate Comparison Rate* Monthly Repayment Repayment type Rate Type Offset Redraw Ongoing Fees Upfront Fees Max LVR Lump Sum Repayment Extra Repayments Split Loan Option TagsFeaturesLinkComparePromoted ProductDisclosure
    5.49% p.a.
    5.95% p.a.
    $2,836
    Principal & Interest
    Variable
    $0
    $530
    90%
    • Owner Occupier
    • Variable
    • Principal & Interest
    • 10% Min Deposit
    • Redraw
    • Extra Repayments
    • More details
    • No application, ongoing monthly or annual fees.
    • Available for refinance or purchases. Quick and easy online application process.
    • Dedicated loan specialist throughout the loan application.
    • Discounted interest rate for 5 years for homes with an eligible solar system
    		 Disclosure
    5.44% p.a.
    5.49% p.a.
    $2,820
    Principal & Interest
    Variable
    $null
    $null
    60%
    • Owner Occupier
    • Variable
    • Principal & Interest
    • 40% Min Deposit
    • Redraw
    • More details
    5.34% p.a.
    5.76% p.a.
    $2,789
    Principal & Interest
    Variable
    $350
    $0
    90%
    • Investor
    • Variable
    • Principal & Interest
    • 10% Min Deposit
    • Offset
    • Redraw
    • More details
    5.50% p.a.
    5.79% p.a.
    $2,839
    Principal & Interest
    Variable
    $299
    $0
    80%
    • Owner Occupier
    • Variable
    • Principal & Interest
    • 20% Min Deposit
    • Offset
    • Redraw
    • Extra Repayments
    • More details
    5.44% p.a.
    5.49% p.a.
    $2,820
    Principal & Interest
    Variable
    $0
    $500
    60%
    • Owner Occupier
    • Variable
    • Principal & Interest
    • 40% Min Deposit
    • More details
    5.54% p.a.
    5.59% p.a.
    $2,852
    Principal & Interest
    Variable
    $null
    $null
    80%
    • Owner Occupier
    • Variable
    • Principal & Interest
    • 20% Min Deposit
    • Redraw
    • More details
    5.74% p.a.
    6.30% p.a.
    $2,915
    Principal & Interest
    Variable
    $0
    $721
    90%
    • Owner Occupier
    • Variable
    • Principal & Interest
    • 10% Min Deposit
    • Redraw
    • Extra Repayments
    • More details
    5.69% p.a.
    6.03% p.a.
    $2,899
    Principal & Interest
    Variable
    $0
    $530
    90%
    • Investor
    • Variable
    • Principal & Interest
    • 10% Min Deposit
    • Redraw
    • Extra Repayments
    • More details
    • Discounted interest rate for 5 years for homes with an eligible solar system
    • Available for refinance or purchase
    • No monthly, annual or ongoing fees
    		 Disclosure
    7.64% p.a.
    –
    $3,544
    Principal & Interest
    Variable
    $25
    $0
    70%
    • Owner Occupier
    • Variable
    • Principal & Interest
    • 30% Min Deposit
    • Offset
    • Redraw
    • Extra Repayments
    • More details
    5.93% p.a.
    6.19% p.a.
    $2,471
    Interest-only
    Variable
    $0
    $530
    90%
    • Owner Occupier
    • Variable
    • Interest-only
    • 10% Min Deposit
    • More details
    • Interest only during construction period
    • Offset sub-account available after completion
    • Unlimited additional repayments after completion
    		 Disclosure
    • Available for purchase or refinance, min 10% deposit needed to qualify.
    • No application, ongoing monthly or annual fees.
    • Quick and easy online application process.

    More details
    Important Information and Comparison Rate Warning

    Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.

    Important Information and Comparison Rate Warning

      Ready, Set, Buy!


      Learn everything you need to know about buying property – from choosing the right property and home loan, to the purchasing process, tips to save money and more!

      With bonus Q&A sheet and Crossword!

      Download Free
      By subscribing you agree to our privacy policy