Joining their peers, BNZ too have now launched a great ‘Green Loan’ option for clients. The product allows for up to $80,000 to be raised at only 1% per annum fixed for three years and is available to use on a range of green options.
The funds can be used for anything from Energy Efficient Transport (electric / plug in hybrid vehicles, EV chargers even e-Bikes) to Energy Efficient Modifications to the home such as solar panel installation, home batteries, heat pumps, insulation, double glazing, ventilation, or Sustainable Water such as rainwater tanks.
If you were thinking about any of the above, do get in touch and we can help you access these funds (and similar offers) through a range of providers. With the cost of fuel where it is – upgrading that gas guzzler to a more fuel-efficient vehicle can save you thousands and improve your cashflow strongly in the year ahead.
Using this type of product a $50,000 Tesla, fully financed on a 8 year loan term would have repayments of only $125 per week for the first three years – probably not dissimilar to the cost of your fuel tank.
Note at the end of the three year term, rate will roll to standard housing rates.