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ASB Better Homes Top-Up Loan
Up to $80,000 for home improvements or EV purchase, 3-year fixed rate.
ASB Better Homes Top Up lets you borrow up to $80,000 for solar panels and home upgrades, fixed for 3 years. Make your home greener with ease. Minimum equity required, along with quotes for solar installations. Exclusions and conditions apply.
- Interest Rate: 1% for 3 years
Maximum Loan Amount: $80,000
Interest Rate After Term: ASB’s variable rate applies
Eligible Uses: Heating systems (heat pumps, wood burners, wood pellet burners), insulation, double or triple glazing, ventilation systems (extractor fans, ground moisture barriers), solar energy systems (including batteries and inverters), electric or plug-in hybrid vehicles
Eligibility: Must have a home loan with ASB or be willing to switch to ASB, and have at least 20% equity in your home (40% for investment properties)
Pros:
Low interest rate
Can be used for EV purchases
Cons:
Short loan term of 3 years
Early repayment fee applies
Establishment fee for new customers and a top-up fee for existing customers
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