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LVR <90% or NHFIC Guarantee Loans
2.30% p.a.
Comparison Rate
2.82% p.a.*

effective 7 October 2021

More rates and fees
Variable Rates
Total Lending Interest Rate Comparison Rate
Standard 2.30% p.a. 2.82% p.a.*
Fees and Charges
Annual Package Fee $350

Not just green, but clean too.

At Bank Australia, we want to help you do more good. Good for yourself and good for the planet. And one of the greatest ways you can reduce your ecological footprint is via your home - and your home loan.

That's why we've got the Bank Australia Clean Energy Home Loan.

If you are buying or building a NatHERS rated 7 Star or higher home, or planning sustainable upgrades, you could be eligible for a 0.20% p.a. discount off your interest rate for up to five years2.

Not only that but the interest you pay on Bank Australia home loans does not fund any industries that cause harm like fossil fuels, live animal exports or nuclear weapons.

7 Star+

A discount of 0.20% p.a.2 for up to five years for homes built after 31 December 2018 that meet a high standard of energy efficiency.

This offer is only available for new Bank Australia home loan applications. Applications to increase/vary/change loan purpose of existing Bank Australia home loans are not considered to be new. 

The property must have a:

NatHERS rating of 7 stars or higher

Evidenced by a Nationwide House Energy Rating Scheme Certificate completed by a NatHERS Accredited Assessor.

View an example of a NatHERS certificate. 

Or meet at least one of the 7 Star+ criteria described in the Clean Energy Home Loan fact sheet

Variable interest rate 2.30% p.a.# | Comparison rate 2.82% p.a.*

View more rates and fees Key fact sheet

Effective 7 October 2021

Property Upgrade

A discount of 0.20% p.a.2 for up to five years for existing homes that have made ambitious green upgrades in the last 12 months.

The property has in the last 12 months:

(a) had three or more eligible sustainable upgrades made, or

(b) achieved a minimum 1 star increase in improvement to the energy efficiency assessment as assessed by the Residential Efficiency Scorecard rating, excluding any increase from the impact of installing a solar photovoltaic system. Such assessment must be undertaken by an accredited assessor.

Variable interest rate 2.30% p.a.# | Comparison rate 2.82% p.a.*

View more rates and fees Key fact sheet

Effective 7 October 2021

Is this product right for you?

This product is covered by a Target market determination (TMD). A Target Market Determination (TMD) is a document which describes who a product is intended to be appropriate for based on a consumer’s needs, financial situation and objectives (target market).

Find out more

No redraw fee10

You can access loan repayments made ahead of your contract monthly repayment amount without any fees.

Fee waived on your everday banking

No monthly account keeping fee on Everyday Access or Mortgage Offset accounts.

No annual fee on our Platinum Rewards Visa Credit Card

We’ll waive the annual fee and offer 0% for 12 months on balance transfers6.

No establishment fee for Personal loans

We’ll waive the establishment fee when taking out a personal loan.

10% off general insurance products11

Receive a 10% discount across building, contents and comprehensive motor insurance.

Clean Energy Home Loan repayments calculator

Use the calculator below, and enter some details about your loan amount and term to generate a repayments estimate for your Clean Energy Home loan.

Flexible home loans to suit your changing situation

We understand life changes, explore our options for pausing your home loan.

Parental Pause

We offer the option of pausing your home loan repayments to give you some breathing space to prepare or welcome a new family member.

Conditions apply.

Find out more

Eco Pause

We let customers pause their home loan repayments to pay for eco-upgrades like solar, batteries, water tanks and grey water systems.

Conditions apply.

Find out more

Clean Energy Home Loan stories

29 Dec 2020

14 May 2021

7 Oct 2020

Things you need to know

  • Any information and advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you and seek any third party advice you need.
  • Before deciding to apply, we provide and recommend you read our Financial Services Guide.
  • All applications are subject to a credit assessment and approval. Terms and conditions apply. All applicable terms and conditions will be included in our loan offer.
  • Additional fees and charges may be payable – all relevant details will be included in our loan offer.
  • Information and interest rates are current as at the date of publication and are subject to change at any time, at the discretion of Bank Australia Limited.
  • This document does not constitute a contract for finance.

*Comparison Rate. The Comparison Rate is based on a loan of $150,000 for 25 years. Fees and charges may be applicable.

IMPORTANT: The Comparison Rate applies only to the example given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees, early repayment fees, and cost savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

#Terms and conditions, fees and charges apply. Loans subject to normal lending criteria and approval. Rates apply to new applications received from 7 October2021 however are subject to change at anytime.


  1. The Clean Energy Home Loan Package variable interest rate of 2.30% p.a. is for Owner Occupiers making Principal and Interest repayments with a Loan to Value (LVR) ratio of less than 90%.
  2. When you qualify for a Bank Australia Clean Energy Home Loan you will receive an interest rate discount on the Clean Energy Home Loan Reference interest rate (currently 2.50% p.a.).
  3. The Clean Energy Home Loan discount applies, for variable rate home loans, for 60 months from the date the loan is settled or in the case of fixed rate home loans, for the length of the fixed rate period. At the end of the discount period the loan reverts to the Clean Energy Home Loan Reference interest rate (currently 2.50% p.a.).
  4. Minimum new borrowings of $10,000 for an Owner Occupied Home Loan.
  5. Available to new borrowers who submit their loan application on or after 7 October 2021;
  6. If a Fixed Rate is selected, then that rate may vary from the date of application anytime up until the date of funding
  7. Offer only available to new and approved credit card applicants who apply for a Bank Australia Platinum Rewards credit card account.  This offer which be withdrawn or changed at any time without notice. Offer available in respect of balances transferred from non-Bank Australia credit and store card accounts only. Whilst a balance transfer is owed, interest will not be charged on the balance transfer for 12 months from the date we process it. Interest will be applied at the standard interest rate on any other debits on your account including purchase balances. An interest free period will generally not apply in relation to any relevant purchases made whilst a balance transfer is owing, unless the full amount due is paid the applicable due date. After the balance transfer offer expires, the standard interest rate will apply to any unpaid balance. The interest rate is currently 18.24% p.a. as at 7 October 2021 and is subject to change. Terms and conditions, fees and charges apply.
  8. For construction loans, Bank Australia protects an equivalent amount of land on the Bank Australia Conservation Reserve as is being constructed to help offset the environmental impact of land clearing. Homes constructed on large lots of land such as hobby farms will be offset according to the amount of land occupied by the dwelling.
  9. The Annual package fee of $350 is payable in advance and is non-refundable. The fee is debited to the loan balance on funding, and then annually on the anniversary date of funding. Package benefits cease to apply once the loan is repaid in full. Other fees and charges may be payable. Refer to the Loan Fees schedule available from or by calling 132 888 for more details.
  10. Repayment Pause. Loans must be established for a full 12 months and a maximum Loan to Value Ratio of 90% (Family-Pause) or 90% (Eco-Pause) applies. Pausing repayments will result in interest continuing to accrue on the loan, potentially increasing the term of your loan. Full conditions available from Bank Australia.
  11. Redraw is not available during the interest only period of the loan and the amount available for redraw is governed by the terms set out in your Loan Offer.
  12. Insurance. This insurance is issued by Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708. Bank Australia ABN 21 087 651 607 AFS Licence No. 238431321 acts as an agent of Allianz and not as your agent. Before making a decision about this insurance, please refer to the relevant Product Disclosure Statement available on 132888 or visit Up to 10% discount applies to Building, Contents and Comprehensive Motor Insurance, and/or standalone building insurance, when you sign up for this home loan package. Minimum premiums apply. Any discounts/entitlements only apply to the extent that any minimum premium is not reached. If you are eligible for more than one, we also apply each of them in a predetermined order to the premium (excluding applicable taxes and government charges) as reduced by any prior applied discounts / entitlements. Discounts may not be applied to the premium for optional covers.