Home 
Make your move with a $2,000 cashback*
Eco Home Loan
Take greater care of the planet with an loan designed to reward you for making more conscious choices
Apply now
Variable rate¹
Comparison rate³
At Summerland Bank, we know how important it is to love where you live. A key part of that is embracing your local waterways, wildlife, the weird, and the wonderful.
Take greater care of the planet we all share with an Eco Home Loan designed to reward you for making more conscious choices. Access significant savings and competitive rates on loans for sustainable property purchases, upgrades and renovations.
All interest rates
Compare all loan options 
Features
Why an Eco Home Loan?
Competitive interest rates
Align your loan with your values
Promote sustainable living
Repayment flexibility and redraw options
No hidden fees or ongoing monthly fees
Investing for future generations
Fast approval process and pre-approval available
Help reduce your carbon footprint and monthly costs
Eligibility
Check your eligibility
Solar power system (minimum 5kw)
Battery energy storage
Solar or heat pump hot water
Water storage (minimum 5,000 litres and plumbed to toilets and/or laundry)
Waterless composting toilet
Wall and ceiling insulation (minimum R2.5 and R4 respectively)
Underfloor insulation
Double glazed and / or tinted windows (minimum 75% of buildings external glass)
Home wastewater treatment system
Reverse cycle air conditioning (minimum 5-star energy rated)
Any other sustainable feature
Calculators & tools
Check with our calculators
Frequently asked questions
Why do you offer Eco loans?
We are passionate about sustainability and protecting the planet we all share. Ideal for the conscious consumer, we offer an Eco Home Loan specially designed for borrowers looking to make an environmentally sustainable purchase while keeping their rates low.
What do you mean by environmentally sustainable features?
We are making an effort to drive down emissions and improve the efficiency of Australian homes by encouraging people to make good, sustainability focused choices for their homes. This includes features like Solar Power, Battery storage, high rated insulation and more. Talk to one of our lending experts about how you might qualify for an Eco home loan.
How long does the process take?
Once we receive your application and supporting documents, we will be in contact with you within just two business days.
Application process
We make things simple for you
Apply online, or start a conversation with our lending specialists
Application and approval
Loan acceptance and funding
Start your application today
$2,000 Cashback*
Purchase your first home or refinance your existing home loan, and get rewarded for moving forward. Make the move today.
*terms and conditions apply
Need more help? Schedule a call
Need more help? Schedule a call
Our local team will give you a call at a time that is suitable for you.
The legal stuff
1.Eligibility for the advertised rate: Minimum new loan amount $150,000, principal and interest repayments only. Maximum LVR 60%. Rate expressed as a percentage per annum, interest is calculated daily unless otherwise stated.
2. Eligibility for the advertised rate: Minimum new loan amount $500,000, principal and interest repayments only. Maximum LVR 60%. Rate expressed as a percentage per annum, interest is calculated daily unless otherwise stated.
3. Comparison rate is based on a loan of $150,000 over 25 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
4. Loan reverts to applicable variable rate on maturity of the fixed period.
Rates are subject to change. Conditions, fees, and eligibility criteria may apply, see us for details. Terms and Conditions available upon request.
Target market determination available on request at our branches.
Loans Fees & Charges, Loans Rates
Refinance Cashback*
- Eligible Loans will receive a $2,000 cashback payment (the Offer).
- By applying for an Eligible Product, for the primary purpose of refinancing an eligible residential home or investment loan, you agree to the terms and conditions of the Offer.
- The following Summerland Bank products are Eligible Products for the Offer:
- Eco Home Loan,
- Basic Variable Home Loan,
- Premium Home Loan,
- Fixed Rate Home Loan, and
- Investment loans.
- To be eligible for the Offer, submit a new loan application for an Eligible Product between 4 November 2025 and 31 March 2026, and settle the loan on or before 31 May 2026 (the Offer Period).
- Eligible Loans are loans during the Offer Period to owner-occupiers and investors for Eligible Products with a minimum loan amount of $400,000 and a Loan to Value Ratio (LVR) of less than or equal to 80% (including any capitalised fees & charges).
- Greater than 50% of the new loan amount must be used to refinance the balance of a mortgage-secured residential home or investment loan from another financial institution.
- Applicants (as individuals, joint or company borrowers) are limited to one (1) cashback payment per 12-month period.
- A borrower cannot transfer or assign their right to the Offer to any other person.
- The following are ineligible for the Offer:
- Internal refinances and variations.
- New or existing Bridging loans, Overdrafts, & Business loans.
- Applications that include an applicant who has received a cashback payment from Summerland Bank within the preceding 12 months (either as an individual borrower, or as part of a joint or company application).
- Loans paid out or refinanced away before the cashback payment is made.
- The cashback payment will occur within 90 days after the loan settlement date. Payment can only be made to a nominated Summerland Bank Everyday account held in the same name(s) as the eligible loan at the settlement date.
- Summerland Bank may amend or withdraw the Offer at any time.
- Standard credit criteria, terms and conditions, and fees and charges apply.
- The Offer cannot be used in conjunction with other offers.
- Summerland Bank does not accept responsibility for any tax or financial implications arising from accepting this Offer.
- Loans issued by Summerland Financial Services Limited Trading as Summerland Bank, ABN 23 087 650 806 AFSL and Australian Credit Licence 239 238.
First home buyers Cashback*
- Eligible first home buyers who apply for an Eligible Product will receive a $2,000 cashback payment (the Offer).
- By applying for an Eligible Product, for the primary purpose of purchasing or constructing the first owner-occupied residential home, you agree to the terms and conditions of the Offer.
- The following Summerland Bank products are Eligible Products for the Offer:
- Eco Home Loan,
- Basic Variable Home Loan,
- Premium Home Loan, and
- Fixed Rate Home Loan.
- To be eligible for the Offer, submit a new loan application for an Eligible Product between 4 November 2025 and 31 March 2026, and settle the loan on or before 31 July 2026 (the Offer Period).
- Eligible Loans are loans during the Offer Period to owner-occupiers purchasing or constructing their first home with a minimum loan amount of $250,000 and a Loan to Value Ratio (LVR) of less than or equal to 95% (including any capitalised fees & charges).
- Applicants (as individuals, joint or company borrowers) are limited to one (1) cashback payment per 12-month period.
- A borrower cannot transfer or assign their right to the Offer to any other person.
- The following are ineligible for the Offer:
- Applications that include an applicant (borrower) who is not an eligible first home buyer.
- Internal refinances and variations.
- New or existing Bridging loans, Overdrafts, Business loans and Investment loans.
- Applications that include an applicant who has received a cashback payment from Summerland Bank within the preceding 12 months (either as an individual borrower, or as part of a joint or company application).
- Loans paid out or refinanced away before the cashback payment is made.
- All borrowers are eligible first home buyers who:
- Have never owned or co-owned a residential property (excluding vacant land) in Australia, and
- Do not intent to rent any part of the property post settlement.
- The cashback payment will occur within 90 days after the loan settlement date. Payment can only be made to a nominated Summerland Bank Everyday account held in the same name(s) as the eligible loan at the settlement date.
- Summerland Bank may amend or withdraw the Offer at any time.
- Standard credit criteria, terms and conditions, and fees and charges apply.
- The Offer cannot be used in conjunction with other offers.
- Summerland Bank does not accept responsibility for any tax or financial implications arising from accepting this Offer.
- Loans issued by Summerland Financial Services Limited Trading as Summerland Bank, ABN 23 087 650 806 AFSL and Australian Credit Licence 239 238.