Our Purpose

As one of Australia’s largest lenders, Firstmac has a commitment to the environment and the long-term sustainability of housing in Australia. Energy costs are rising globally and so is our carbon footprint. That’s why we are proud to have created our new low-interest-rate Green Home Loan to help in the fight against climate change.

Responsible lending isn’t just a financial responsibility, it is a social responsibility to the community in which we live.


Many reasons to go green

Building or buying a green home is so easy with our Green Home Loan.

Clean Energy Home Loan fact sheet

Save money

Get a lower upfront interest rate and a 0.6% discount for 5 years.


Easy Application

Just supply a NatHERS certificate showing your home has an energy rating of at least 7.0 Stars.


Choice of repayments

Choose from Principal & Interest or up to 5 years of interest-only repayments.

What is a green home?

Green homes come in many colours, not just green! What they share is that they are good for the environment.

That’s because they use less energy for heating and cooling, so they cause less greenhouse gas emissions.

As a bonus, their energy efficiency means you are likely to enjoy lower power costs.

Environment Victoria has reported that an energy-efficient home can cut electricity and gas bills by up to 40%, which would offer annual savings of up to $1000 for the average household.

A green, energy-efficient home is cheaper to cool, cheaper to heat and cheaper to borrow against!

  • Green Construction Loan

    Build your Green dream home with our discounted Green Construction Loan

  • Interest-only during construction

    Only pay interest on the amount you have drawn down

  • No ongoing fees

    Save money with no annual or account keeping fees

  • Additional Repayments

    Get ahead on your loan with unlimited free additional repayments

  • No redraw fee

    You can access loan repayments made ahead of your contracted monthly repayment without any fees

  • Visa debit card

    Access your money with our free Visa debit card and unlimited free Eftpos

  • Offset sub-account

    Save interest with a fully-featured offset sub-account with unlimited redraws

Does my home qualify?

Energy efficiency is measured by the Nationwide House Energy Rating Scheme (NatHERS). To qualify as green, existing homes must have been built within the last 12 months, and have a minimum 7.0 Star NatHERS rating.

A NatHERS certificate is usually produced when the home is designed, including a rating out of 10, so, if you still have your plans, you may find the NatHERS rating in there.

Most new apartment blocks get an average NatHERS rating, and each apartment inside gets its own individual rating. We look at the rating of the individual apartment.


How the Green Loan Works:

  • You supply the NatHERs certificate.

  • Green Construction Loan - Your builder should be able to assist you in getting a NatHERS certificate from an accredited assessor along with your building plans.

  • Green Home Loan - You will need to engage with an accredited assessor to get a NatHERS certificate for your home. Only homes built within the last 12 months qualify.

  • We verify all documentation and, subject to approval, we will give you a 0.6% discount on your home loan for the first five years.

You will be saving money and the environment!


Media Release
Green Bond Framework
Sustainalytics Report
Sustainalytics Green Bond Framework Second-Party Opinion
Green Home Loan Brochure
Green Home Loan Post Settlement Rates
Green Home Loan Product Specs
Green Construction & Home Loan Discount Offer T&C
Example NatHERS Certificate**

Frequently asked questions

The Nationwide House Energy Rating Scheme (NatHERS) is a star rating system (out of ten) that rates the energy efficiency of a home, based on its design. Star ratings are based on information about the home’s design, construction materials and the climate where it is being built.

Buildings with good insulation and passive solar design can reduce the occupant’s reliance on artificial heating and cooling. Heating and cooling is responsible for the majority of the average Australian household’s energy use and greenhouse gas emissions. A more energy-efficient home is more comfortable and cheaper to run.

To qualify for the Green Home Loan interest rate discount you must use a NatHERS Accredited Assessor to conduct your house energy rating. Accreditation ensures they have completed the relevant training to provide a reliable energy rating for your home. To find a NatHERS Accredited Assessor, you, your builder or architect can contact one of the three Assessor Accrediting Organisations (AAOs):

Australian Building Sustainability Association

Design Matters National

House Energy Raters Association

Green loans are available for $50,000 to $2,000,000.

The loan term can range from 15-30 years.

Yes, the loan is available as Principal & Interest or up to 5 years interest-only repayments.

Yes, you can make unlimited free additional repayments so you can pay your loan off earlier and with less interest.

The loan features unlimited free redraws of repayments you have made above the contracted amount.