Source: MIL-OSI Submissions
:start Source: Commonwealth Bank of Australia
CommBank has announced the Green Home Offer, rewarding new and existing customers who are taking actionable steps to reduce their environmental footprint.
Wednesday, 27 April 2022 – Commonwealth Bank has announced the Green Home Offer, providing eligible home loan customers with access to a low standard variable rate if their home meets certain sustainability and energy efficient criteria.
The CommBank Green Home Offer is a low 1.99% p.a.^ Standard Variable Rate 2.45% p.a. Comparison rate* for Owner Occupiers making Principal and Interest repayments with Wealth Package and at least 20% deposit. The Green Home Offer is also available to other eligible borrowers – interest rates available on application.
CommBank’s Executive General Manager of Home Buying, Dr Michael Baumann, said: “We want to reward new and existing customers who are taking actionable steps to reduce their environmental footprint by investing in homes that are efficient, comfortable and healthier for them and the environment.
“We expect all residential homes to be built to these standards over the coming years as we move towards a net zero future and by introducing the new Green Home Offer we want to encourage customers to take steps now to protect the environment and their home. We know homes that are well built and energy efficient are good for the environment whilst significantly reducing living costs and improving the wellbeing of homeowners.”
