Take advantage of loans and grants available through local banks and councils, so you can come home to comfort sooner.
You’re home is cold and draughty but your budget will only stretch to doing two rooms at a time. Or maybe you just prefer to make smaller installments instead of a large sum but don’t want to be hit with high-interest payments.
With such a focus on the high cost of living and the poor health of so many New Zealand homes, many banks and some councils are working hard to make it easier for homeowners to afford to upgrade their home comfort with genuine double glazing.
Here are a few options that may help you achieve your dream of a warm, dry, and comfortable home sooner than you thought possible. Nationwide:
Finance options available though banks:
ANZ Good Energy Home Loan.
www.anz.co.nz/personal/home-loans-mortgages/loan-types/good-energy – 1.00%P.A. Top up your ANZ Home Loan at a fixed rate for 3 years, up to $80,000, to make your home more energy efficient and better for the environment.
ASB Better Homes Top Up Loan.
www.asb.co.nz/home-loans-mortgages/better-homes-top-up.html – 1.00% P.A. Fixed for 3 years. Min 20% equity. Top up your ASB Home Loan, up to $80,000, to make your home drier, warmer or more energy efficient.
BNZ Green Home Loan Top-Up.
www.bnz.co.nz/personal-banking/home-loans/manage-your-loan/top-ups/green-home-loan-top-ups – 1% P.A. Fixed for 3 years. Top up your BNZ Home Loan, up to $80,000 for eligible upgrades to your home.
Westpac Warm-Up Loan.
www.westpac.co.nz/home-loans-mortgages/options/warm-up. Interest-free loan up to $40,000 for five years
Finance options available through councils:
Hawkes Bay Regional Council.
Sustainable Homes – www.hbrc.govt.nz/services/sustainable-homes – Eligible ratepayers can borrow up to $20,000 at 6% from Hawke’s Bay Regional Council. This is repaid over 10 years by way of a voluntary targeted rate (VTR).
