Clean Energy Investment Loan

 General Lending Rates

• Lending Rate Type: Variable
• Interest Rate: 6.14%, Comparison Rate 6.38%
• Repayment Type: Principal And Interest
• Loan Purpose: Investment

 Product Features

• Digital Banking Additional Information: You can self-serve your day-to-day banking needs via Bank Australia's App or Internet Banking.

• Offset Additional Information: A Mortgage Offset account reduces the amount of interest you pay on your home loan. The amount within this account is offset against your home loan, meaning you only pay interest on the difference.

• Other Additional Information: Eco-Pause: Our Eco-Pause lets customers take a break from their mortgage repayments and redirect their money to eco upgrades such as solar panels, batteries and water tanks. With an eco-pause you can pause your repayments for three months or halve them for six. Conditions apply.

• Other Additional Information: Flexible Repayments: Make your loan repayments weekly, fortnightly or monthly

• Other Additional Information: Parental Pause: Welcoming a new family member to the family can place a pretty big strain on finances so we offer you the option of pausing your home loan repayments to give you some breathing space.This allows you to take a break from payments for three months or halve them for six. Conditions apply.

• Redraw Additional Information: If you're ahead of your repayments, you may be able to redraw fee free, with restrictions if your loan is fixed

• Other Additional Information: Split loan between variable and fixed is available

• Extra Repayments Additional Information: You can make extra repayments on variable rate loans

 Product Eligibility

• Min Age - 18. Additional Information: Individuals (natural persons) must have the legal capacity to enter into the loan contract, provide acceptable identification documentation and be 18 years or older.

• Natural Person Additional Information: Individuals only: Not available for non-personal borrowers.

• Other Additional Information: Eligibility for the Clean Energy loan reduced rate is subject to the Bank's Eligibility Criteria found in the Key Information. Conditions apply.

• Other Additional Information: Applications for loans are subject to the Bank's lending criteria.

• Residency Status - Au. Additional Information: Australian citizen or permanent resident of Australia

 Bank Fees and Charges

• Monthly Offset Account Fee (Periodic), Amount: Not Listed..

• Offset Home Loan Annual Fee (Periodic), Amount: Not Listed.. Additional Information: Annual fee payable on all Offset Home Loans and Clean Energy Home Loans. The fee is debited to the loan annually on the anniversary date of funding and is non refundable. Only one annual fee applies per customer where multiple loans exist.

• Establishment Fee (Upfront), Amount: Not Listed..

• Platinum Rewards Credit Card Annual Fee (Periodic), Amount: Not Listed.. Additional Information: An annual fee charged on your credit card.

• Redraw Fee (Event), Amount: Not Listed..

• Portability Fee- New Mortgage (Event), Amount: Not Listed.. Additional Information: Payable when you request that a property securing a loan is replaced with a property that is a new security to Bank Australia.

• Mortgage Discharge Fee (Event), Amount: Not Listed.. Additional Information: Payable when you discharge the mortgage. Statutory government registration fees will still apply.

• Construction Progress Inspection (Event), Amount: Not Listed..

• 1st Valuation Fee (Event), Amount: Not Listed..

 Limitations & Restrictions (Constraints)

• Min Limit of 10000.00