Access The Lowest Home Loan Rates

Unlock lower mortgage rates with green home loans

Whether you've already upgraded your home for sustainability or are just beginning your journey, green home loans offer compelling financial savings. At 28Watt, we specialise in helping you access the lowest mortgage rates available through green home loans, while ensuring you save on your energy bill by becoming more energy-efficient.

What is a green home loan?

A green home loan, also known as a green mortgage, rewards customers for making their homes more sustainable. Compared to a regular loan, green home loans offer significantly lower interest rates and include all the premium features of a home loan, such as offset accounts and redraw facilities.

The interest rate for new homes starts at 5.43% where existing homes can access rates as low as 5.6%.

Benefits for all homeowners, wherever you are in your journey

Buying a new build? Your home likely qualifies

Buying a new-build home is an exciting milestone, and it becomes even more rewarding with green finance. Most new homes can easily qualify for some of the best green home loan rates, starting from as low as 5.43% variable.

Whether you're still in the planning phase or your new home was completed within the last 18 months, 28Watt can help you secure the best available green finance deals. We’ll guide you through the eligibility process and make sure you maximise your savings from day one.

Already upgraded your home? Start saving right away

Homeowners who have already invested in eligible sustainable upgrades, such as solar panels, hot water heat pumps, or insulation, often qualify for green home loans. Every lender has their green requirements, and while they seem difficult to achieve, they often are not.

28Watt will cut through the complexity and will help you qualify for green home loans at no cost to you. Get started by scheduling a call with Jake, our specialised broker.

Planning to upgrade? Here’s your opportunity

Installing the right home energy upgrades will reduce your energy bill and help you qualify for green home loans. The savings on your mortgage, combined with the savings on your energy bill, make the economics stack up even more.

We understand that upgrading your home and refinancing at the same time seems daunting. That’s where we can help, as we are not your average broker. We will provide you with tailored advice on how to upgrade your home, what it will save you, and connect you with our vetted installers. All while ensuring your home qualifies for the best green home loan rate on the market.

Real-life example: how David will save $55,248 in the next 5 years

David transformed his home and refinanced his mortgage by leveraging 28Watt's personalised free home assessment. He installed solar panels, a solar battery, and a heat pump, which substantially reduced his energy costs. By refinancing to Bank Australia’s green home loan, he lowered his interest rate significantly and maximised savings on his mortgage repayments and energy bills.

Discover David's full story here

How 28Watt helps you access green loans

We are more than just a mortgage broker. Our qualified brokers are also experts in home energy efficiency. With 28Watt, you gain:

• Lowest rates: As specialised brokers, we connect you to the best green mortgage rates on the market.
• Expert support: Our dual expertise in green finance and home energy efficiency helps you select optimal upgrades tailored to your home.
• Teamwork: We collaborate closely with your residential scorecard assessor and trusted installers, ensuring your upgrades meet all lender requirements.

Typical upgrades that help you qualify for green home loans

• Solar panels: Generally provide the highest energy savings, significantly reducing or even eliminating your electricity bill. Solar panels qualify you for all green home loans, particularly those requiring a residential efficiency scorecard assessment, like the Gateway Bank Green Plus Home Loan.
• Battery storage systems: Store excess solar energy and maximise your solar investment. Batteries are increasingly attractive due to the NSW battery rebate and Labour’s proposed national battery rebate scheme.
• Heat pump or solar hot water heaters: Highly efficient electric systems that use considerably less energy than traditional electric or gas hot water systems.
• Air conditioning: Modern, highly efficient reverse-cycle systems offer substantial energy savings compared to traditional models.
• Induction cooktops, EV chargers, ceiling fans, and energy-efficient pool pumps: Smaller upgrades that collectively contribute to significant energy savings and improve home efficiency.
• Insulation and double glazing: Enhance your home’s thermal efficiency by minimising heat loss and gain, thus lowering heating and cooling expenses.

Get started today

Ready to access lower mortgage rates and eliminate your energy bills? Start your journey here to get personalised advice from our green finance experts.

Prefer another way to connect? Reach out to us on WhatsApp, give us a call, or send us a message at hello@28watt.com.au.