An offset account is a transactional account that is linked to your home loan. Any balance in this account is offset against an equivalent portion of your home loan balance and generates an interest reduction on your loan.
At Gateway, we believe banking shouldn’t cost the earth – that’s why we’re committed to help our member’s pockets and the planet.
We recognise Green Homes Builders commitment to building sustainable, energy efficient, healthy homes that are socially, environmentally and financially responsible.
So, if you’re looking to build a home with Green Homes Builders or buy one of their homes, Gateway can offer you a discounted Green Plus Home Loan^.
The Green Plus Home Loan is designed to reward homeowners who are invested in purchasing an energy efficient home and reducing their impact on the environment with at least a 0.25% discount off our standard Premium Package Home Loan^ rate for the life of the loan.
Our Green Plus Home Loan offers all the flexibility and benefits of our Premium Package Home Loan, including a 100% offset account with a plant-based Eco Visa Debit Card, redraw, unlimited repayments, and a 0.10% bonus on Term Deposit rates.
If you’re looking to invest in the Wilton Greens display homes, contact us to find out how you can take advantage of a 0.25% p.a. discount* on Gateway’s Premium Package Investment home loan for the life of the loan for 7 Star NATHERs rated properties.
| Investment Rate: | Comparison Rate: |
6.20% p.a. |
6.48% p.a. |
Home Loans |
|
|---|---|
| Establishment Fee : | $0 |
| Valuation Fee : | $0 |
| Annual Fee : | $299 |
| Monthly Fee : | $0 |
| Discharge Fee : | $300 |
| Redraw Facility : | Yes |
| Redraw Fee : | $0 |
| Offset Account : | Yes |
| Additional Repayments Accepted : | Yes |
| Additional Repayments Fee : | $0 |
| ATM/EFTPOS Access : | No |
| Branch Access : | Yes |
| Split Loans : | Yes |
| Criteria : | Provide a certificate from an accredited assessor showing a 7-star energy efficiency rating from the Nationwide House Energy Rating Scheme (NatHERS) or a 7-star Residential Efficiency Scorecard |
Gateway’s Green Plus Home Loan (Owner Occupied) has been certified by the Responsible Investment Association Australasia according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsiblereturns.com.au for details2.
Gateway reserves the right to vary these interest rates at any time. Interest rates quoted are for new lending only. Existing borrowers should contact Gateway to discuss their requirements. Applications for finance are subject to our standard credit assessment criteria. Full terms and conditions are included in the loan offer. Fees and charges apply.
Comparison rates are calculated based on a loan amount of $150,000 over a 25-year term. WARNING: Comparison rates are 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.
^ The Green Plus Home Loan interest rate will have at least a 0.25% p.a. discount from Gateway’s Premium Package Variable Rate (LVR up to 80%) Home Loan. This does not apply to Special Offer Premium Package interest rates. This product is not eligible for borrowers under The Home Guarantee Scheme.
*The discounted interest rate will offer at least a 0.25%pa discount from Gateway’s Premium Package Investment Variable Rate (LVR up to 80%) Home Loan. This does not apply to Special Offer Premium Package interest rates. This product is not eligible for borrowers under The Home Guarantee Scheme.
2 The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.
