Key features of the Green Home Loan

Receive up to a 0.9% p.a. reduction on our residential variable rate and no monthly service fee. Existing mortgages may also be eligible – but all homes need to be owner-occupied.

  1. Loans from $5,000 for up to 30 years

  2. Competitive interest rate, calculated daily and debited monthly

  3. Online redraw available

  4. Choose weekly, fortnightly or monthly repayments

  5. Unlimited additional repayments

  6. Offset facility available

  7. Monthly service fee waived on the Bendigo Everyday Account1

  8. Free Bendigo home insurance from contract to settlement (up to 90 days)2

How to qualify for a Green Home Loan

We've completed extensive research with various industry bodies to develop a Green Home Loan that makes building an energy- or water-efficient home more affordable. Make your house greener, and ultimately save money on utility bills as well as helping the environment through reduced consumption of non-renewable energy.


You can qualify in two ways:

  • Criteria 1 – Your building or renovation must comply with the minimum environmental standard required in your state or territory.
  • Criteria 2 – You must be installing a minimum of two items from List A, or one item from List B, below.

Things to note:

  • These systems need to be properly installed in appropriate conditions to get the best results.
  • Customers will be required to provide planning permits, plumbing compliance and installation certificates for grey-water treatment systems.
  • All installed items must be above and beyond minimum state requirements. For example, to comply with the new criteria an applicant who is building a new home in Victoria would need to build a 5-Star rated home, plus choose to install either a rainwater tank or solar hot-water system, and in addition install other items from List A or B below.

List A - any two of the following will meet Criteria 2

  • Double or triple glazing - Reduces heating and cooling power needs by making your home more temperate
  • Solar hot water heater or heat pump - Reduces your grid power use for heating water
  • Water-storage tanks (min 2,500 L capacity) - Reduces your reliance on shared water supplies
  • Roof and wall insulation - Reduces heating and cooling power needs by making your home more temperate

List B - any one of the following will meet Criteria 2

  • Alternative power supply - Reduces dependence on fossil fuels; allows you to generate your own power
  • Solar power (min 1.5kw photovoltaic system) - Reduces your grid power use; allows you to generate your own power from a renewable source
  • Wind turbine (min 1.5kw) - Reduces your grid power use; allows you to generate your own power from a renewable source
  • Micro hydro system (min 1.0kw) - Reduces grid power use; allows you to generate your own power from a renewable source
  • Grey- or black-water treatment system (connected to laundry and all bathrooms) - Reduces your reliance on water-storage dams and shared supplies (planning permits and installation certificates required)

Great reasons to choose us

  • Competitive home loan interest rates
  • Rewarding packaged loans
  • 1.5 million customers in over 500 communities Australia wide
  • Top 60 ASX listed company

Explore our home loans

Connect Package

Owner Occupied ($250,000-$499,999)

Interest rate3

4.43% p.a.

Comparison Rate4

4.72% p.a.

LEARN MORE APPLY NOW

Green Home Loan

Residential Investment

Interest rate

N/A

Comparison rate4

N/A

VIEW RATES APPLY NOW

Basic Home Loan

Owner Occupied

Interest rate

4.48% p.a.

Comparison Rate4

4.66% p.a.

LEARN MORE APPLY NOW

Contact us, we'll do the work for you

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Additional information

Terms and conditions, fees and charges apply. All information including interest rate is subject to change without notice. Full details available on application. Lending criteria apply.

1. Refer to the Schedule of Fees, Charges and Transaction Account Rebates for more information.

2. Insurance Australia Limited ABN 11 000 016 722 AFSL 227681 trading as CGU Insurance.

3. The interest rate displayed assumes at least three eligible products are held. Connect Package Home Loan interest rates are made up of the applicable interest rate depending on aggregate lending, minus a discount of 0.05% per eligible product held, up to a maximum of 0.15% off the tiered rate. Rates are based on variable P&I Owner Occupied loan for loan amount $250,000- $499,999.

4. Important information about comparison rates: The comparison rates displayed are calculated for a loan amount of $150,000 over a 25-year loan term. All Fixed rates are calculated on the basis that they roll to the Residential Variable rate at the end of the initial term. All comparison rates are calculated with a nil offset balance.

Comparison rates for variable Interest Only loans are based on an initial 5 year Interest Only period. Comparison rates for fixed Interest Only loans are based on an initial Interest Only period equal in term to the fixed period. During an interest only period, your interest only payments will not reduce your loan balance and so you may pay more interest over the life of the loan.

WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.