Healthy homes

ANZ customers.

If your house was built before 2007, then it may be underinsulated or un-insulated and therefore may be colder than newer houses. Houses built after 2007 should be fully insulated.

• You have provided ANZ with a mortgage over the house you want insulated or heat pump/s installed in.

• You have not previously had an interest-free loan for the same purpose (i.e. a loan for insulation or a loan for heat pump/s) for the same property.

• You satisfy the requirements of our lending criteria.

Only existing customers are eligible, however if you transferred your lending and gave ANZ a mortgage over the house you want insulated or heat pump/s installed in, you would become eligible to apply.

You can apply for only two interest-free loans per residential security held with ANZ – one for insulation and one for a heat pump. This offer is limited to two securities, therefore a maximum of four loans.

Each loan is limited to a maximum of $5,000 or the value of the quote, whichever is lower.

You can apply the following calculation, take the total loan amount and divide it over the exact period taken to repay it. For example, if you were to take out the maximum loan of $5,000 over four years, your repayments would be approximately $50 each fortnight.

• There are no application or establishment fees.

• Other fees and charges may apply. See rates, fees and agreements for a full list of fees and charges.

Call us on 0800 269 4663 or book an appointment with an ANZ Home Loan Coach at any ANZ branch. We will walk you through the home loan top up application process and any additional information you will need to provide to make sure it is affordable to you.

Before we can complete your application you will also need to provide us with a quote from a reputable installer and an installation date.

To qualify for an interest-free home loan top up you must install a fixed single-split heat pump system, multi-split heat pump system or a ducted heat pump system for heating your home. Other types of heat pumps, such as portable heat pumps and heat pump water heaters, are not eligible.

No. You must get a reputable installer to install the insulation and/or heat pump/s to qualify for the loan.

A company that installs insulation and/or heat pumps as part of its usual business. The quote must be on letterhead or be an email from a business email address.

No. This loan is specifically for installing insulation into the walls, floors and ceilings and/or the purchase and installation of a heat pump.

No, regular principal repayments are required over the term of the loan.

The maximum term you can have is four years. If you want a shorter term you can choose from 6, 12, 18, 24 or 36 month fixed periods.

Yes you can, but please note that once you make the payment you are unable to redraw the funds again later.

Yes you could.

The offer is available until the $100M has been used or until the bank withdraws the offer.

Yes, but only $5,000 will be interest-free. The remaining $3,000 of the quote will be subject to our lending criteria and interest rates advertised at the time.

Yes, but only if they are on the same quote and only $5,000 will be interest-free. Any remaining balance will be subject to our lending criteria and interest rates advertised at the time.

No, you can’t combine the interest-free loans. Only $5,000 of the insulation quote will be eligible for an interest-free top up loan the remaining $2,000 will be subject to our interest rates advertised at the time. The $3,000 quote for a heat pump will be eligible for the interest-free top up offer.

• You may be eligible for a Government Warmer Kiwi Homes grant covering almost all of the cost of ceiling and underfloor insulation and some heaters. 

• Local governments may also have grants available and customers can contact their council or visit their council website for further details.