*Lending criteria, fees, terms and conditions apply. Contact us for more details.
Q MasterCard offers both short and long-term finance options for any purchase of a ZEN Solar Energy System. There are two different finance options available from Q MasterCard:
Option 1: Up to 18 months no payments and interest-free finance*
Option 2: Up to 48 months interest-free finance*
*Lending criteria, fees, terms and conditions apply. No payments and no interest for 18 months (“Payment Holiday”) is available on Flexi Payment Plans for any ZEN solar energy system. Annual Account Fee of $50 applies. New Cardholder fees – $55 Establishment ($3 PPSR – Q Card only). Existing Cardholder fee – $35 Advance. Standard Interest Rate, currently 25.25% p.a. applies to any outstanding balance at end of Payment Holiday. Rate and fees correct as at date of publication, subject to change. For more information about Q Mastercard Fees, visit qmastercard.co.nz/things-to-know.
In many instances the simplest and most cost–effective solution may be to extend or redraw from an existing home loan. This is because interest rates are generally lower, your credit risk has already been assessed, and a relationship has already been established with your lender.
You can contact your bank directly for details to apply for the funding of your ZEN solar energy system.
For Kiwibank Home Loan customers, you can top up your home loan to fund the installation of a ZEN solar energy system, and Kiwibank will kick in some cash to help you pay it off faster.
You can top up your Kiwibank home loan to pay for your ZEN solar energy system, for the house that Kiwibank holds as security.
If the total borrowing amount is more than $5,000, Kiwibank will contribute up to $2,000 (over four years) towards the cost of the system — $800 at the end of the first year, and $400 at the end of each of the three years after that.
If you’re already a Kiwibank Home Loan customer, they’ll waive the fee to top-up your home loan.
You can CLICK HERE for details regarding the application.