Green Personal Loans
Some lenders discount the rate on loans used for solar panels, home batteries, electrification and other approved energy upgrades. Compare green personal loans from 5.55%This is our lowest starting rate for these products. Other factors may change rates once you filter your results. See sorting and ranking for more info. (5.55% comparison rate*) p.a. with Unity Bank's Green Upgrades Loan (with mortgage), and check each lender's approved product list, since what counts as "green" varies.
Comparing 19 products
Borrowing $20,000 over 5 years at the lowest advertised shown:
- Monthly repayment from
- $382/mo
- Total repaid
- $22,949
- Total interest
- $2,949
Estimate only, based on the lowest advertised interest rate shown and assuming equal monthly repayments. Actual repayments depend on your rate, fees and loan terms.
| Product | Actions | ||||||
|---|---|---|---|---|---|---|---|
![]() | Unity Bank | Advertised rate5.55% | Comparison rate5.55% | Monthly repayment$382/mo | VariablePrincipal & interestFeatures: ✓✓Extra repayments | A personal loan to help members transition to more affordable and sustainable living | |
![]() | Unity Bank | Advertised rate6.05% | Comparison rate6.05% | Monthly repayment$387/mo | VariablePrincipal & interestFeatures: ✓✓Extra repayments | A personal loan to help members transition to more affordable and sustainable living | |
![]() | Credit Union SA | Advertised rate6.14% to 7.49% | Comparison rate6.14% to 7.84% | Monthly repayment$388/moAt the lowest rate in the range | SecuredFixedPrincipal & interestFeatures: ✓ | Our Green Loan is available for non-members and members seeking to purchase any eligible green… product that provides a benefit to the environment. The minimum loan amount is $5,000. The interest rate… | |
![]() | Bendigo Bank | Advertised rate6.24% | Comparison rate6.61% | Monthly repayment$389/mo | SecuredFixedPrincipal & interestFeatures: ✓ | This loan rewards you for your environmentally friendly purchases. | |
![]() | Northern Inland Credit Union | Advertised rate6.49% | Comparison rate6.49% | Monthly repayment$391/mo | FixedPrincipal & interestFeatures: ✓ | Make sustainable upgrades sooner with our award-winning Green Loan - a fixed rate, unsecured loan… for eligible home improvements to your principal residence. | |
![]() | TMCU | Advertised rate6.89% | Comparison rate7.45% | Monthly repayment$395/mo | VariablePrincipal & interestFeatures: ✓✓Extra repayments | ||
![]() | Queensland Country Bank | Advertised rate6.99% | Comparison rate6.99% | Monthly repayment$396/mo | VariablePrincipal & interestFeatures: ✓✓Extra repayments | Our Green Reno Loan is an easy cost effective way to finance all those eco home improvement goals… without needing to extend your home loan. | |
![]() | Broken Hill Bank | Advertised rate6.99% to 7.79% | Comparison rate8.24% to 9.03% | Monthly repayment$396/moAt the lowest rate in the range | VariablePrincipal & interestFeatures: ✓Extra repayments | Broken Hill Bank's Finance Solution For All Of Your Solar, Energy Storage And Other Green Home… Improvement Needs. | |
![]() | Australian Mutual Bank | Advertised rate7.10% | Comparison rate7.10% | Monthly repayment$397/mo | VariablePrincipal & interestFeatures: ✓ | The Green loan is available for the selected green products. | |
| Australian Military Bank | Advertised rate7.15% | Comparison rate8.06% | Monthly repayment$397/mo | FixedPrincipal & interest | An unsecured personal loan that can be used to finance the purchase of approved environmentally… friendly products. | ||
![]() | bankWAW | Advertised rate7.59% | Comparison rate7.62% | Monthly repayment$402/mo | VariablePrincipal & interest | ||
![]() | Credit Union SA | Advertised rate7.79% to 8.79% | Comparison rate7.79% to 9.14% | Monthly repayment$404/moAt the lowest rate in the range | UnsecuredFixedPrincipal & interestFeatures: ✓ | Our Green Loan is available for non-members and members seeking to purchase any eligible green… product that provides a benefit to the environment. The minimum loan amount is $5,000. The interest rate… | |
| Plenti | Advertised rate7.99% | Comparison rate9.11% | Monthly repayment$405/mo | FixedPrincipal & interestFeatures: ✓Extra repayments | Unsecured fixed-rate green loans for eligible home energy upgrades available under the CEFC… Household Energy Upgrades Fund (HEUF). Finance the purchase and installation of approved renewable energy… | ||
![]() | Bendigo Bank | Advertised rate8.24% | Comparison rate9.27% | Monthly repayment$408/mo | UnsecuredFixedPrincipal & interestFeatures: ✓ | A personal loan for a number of purposes not requiring security to be offered. Ideal for solar hot water, grey water treatment systems or energy saving white goods. | |
![]() | Horizon Bank | Advertised rate8.24% | Comparison rate8.92% | Monthly repayment$408/mo | VariablePrincipal & interestFeatures: ✓ | The Green Personal Loan features a heavily discounted rate to encourage you to opt for greener… solutions. If you're looking to go environmentally friendly, this is the loan for you. | |
![]() | SWSbank | Advertised rate8.35% | Comparison rate8.35% | Monthly repayment$409/mo | VariablePrincipal & interestFeatures: ✓ | Here are some of the purposes for a Greener Futures Loan. Solar power products, external awnings or shutters, grey water systems, double glazing to existing property and energy efficient whitegoods | |
![]() | RACQ Bank | Advertised rate8.49% | Comparison rate8.49% | Monthly repayment$410/mo | VariablePrincipal & interest | RACQ Bank wants to give you more freedom when it comes to your personal finances and supporting… your sustainable future. Whether it's for solar panels, a home battery, an e-scooter or making your… | |
![]() | First Option Bank | Advertised rate8.74% | Comparison rate8.24% | Monthly repayment$413/mo | VariablePrincipal & interestFeatures: ✓ | BEGREEN LOAN - Borrowers without a First Option Mortgage | |
| Plenti | Advertised rate10.49% | Comparison rate11.61% | Monthly repayment$430/mo | FixedPrincipal & interestFeatures: ✓Extra repayments | A loan that allows individuals to borrow funds for the purchase and installation of renewable… energy goods for a residential home, including solar panels, battery storage and other eligible clean… | ||
Rates and fees are sourced from each provider’s CDR Product Reference Data where the provider publishes it.
Comparison rate warning and base criteria
Base criteria: repayment figures shown in this table are calculated on a loan of $20,000 over 5 years. Repayment estimates use each loan’s advertised interest rate, with the comparison rate shown beside it as a guide to total cost. Where a lender publishes a range of rates, the estimate uses the lowest rate in the range, and the rate you are offered depends on your circumstances. These figures are examples only. They are not a quote, and they may not include all fees and charges.
*Warning: the comparison rate shown is calculated by the lender on its own standard example, usually a $30,000 loan over 5 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
About this table: we publish this table so you can research credit products, by bringing together in one place the banking data lenders publish under the Consumer Data Right. Using that data, we have tried to show products that match this table’s title. This table does not compare all products, and there may be products with a lower rate in the market that are not shown here. Do your own research to find a product that suits your needs and financial goals. See how we choose products for tables like this.
Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability.
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Rates, fees and charges are subject to change without notice. Before acting on any information shown here, you should confirm the rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best”, these relate solely to the rates of interest offered by the provider and not to any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates.
This table does not compare every feature that may be relevant to you. Changing the filters will surface further relevant products. See how we sort and rank products and how we make money.
This information is general in nature. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to apply for or hold any particular product. You should read the provider’s Key Facts Sheet, Target Market Determination and credit contract terms before deciding. CompareThat compares products. We do not arrange, approve or process applications.












