Green loans are loans that can only be taken out when the money is put out to take energy-saving measures. This could include the installation of solar panels, insulation, a solar boiler and the like. Green loans mainly apply when you plan to renovate and want to make your house more energy efficient. To be eligible for this type of loan, its purpose must be proven as well as its ‘green’ nature. Various banks and lending branches have included the loan in their portfolio at an interesting jkp.
The importance of our environment
Our environment has become a hot issue for a few years now and that has an impact on various aspects of our daily lives, including loans. Anyone who wants to invest in the environment today is rewarded with a cheaper loan. Naturally, a number of conditions must be met, but if this is the case, you can make improvements to your home for a relatively low cost percentage. Those who plan to renovate, in particular, benefit greatly from looking for green loans. Good insulation can quickly cost a lot of money. Most financial institutions maintain that the renovations must be at least 50% green to be eligible for green loans. You can find an overview of the various projects that are considered to be ecological or energy-saving online.
Save twice as a result of green loans
Green loans offer you a double saving. On the one hand, you save several euros on the costs associated with your loan, and on the other you save on energy. This makes green loans very attractive for anyone who is setting up a construction project. When you purchase a home that needs renovation, it is worth considering tackling this with an ecological approach. What you invest more in insulation or solar panels is usually earned back in a few years in energy and the savings on your loan. Make sure you meet the 50% quota and save all invoices to be able to apply for your loan. You can request some loan quotes for an ecological or green loan here so that you can compare the different rates.