- From 4.9% APR*
- Homes and vehicles
- Quick decision
Sustainable living made easy with a Green Loan
In order to support the green economy and encourage everyone to strive for more energy efficient enhancements, we are offering low interest rates on home renovations, retrofitting and transport initiatives.
- From 4.9% APR*
- Borrow up to €80,000 for home initiatives
- Borrow up to €60,000 for vehicles
- Quick decision
Why get a Green Loan with Killarney Credit Union?
Our green loan makes becoming more environmentally aware easier. A Green Loan with Killarney Credit Union offers you competitive interest rates and more benefits so that you can make affordable greener choices for your home and your transport.
- QUICK DECISION ON LOAN APPLICATIONS.
- Repayment terms tailored to meet your needs.
- Friendly Local Service.
- No penalties for repaying your loan early.
- No hidden fees, transaction charges, or set up fees.
- As your loan decreases so does your interest repayments.
- Benefit from Free Loan Protection Insurance. (T’s & C’s apply.)
- You can apply for and draw down your loan online and in branch.
- No documentation or arrangement fees.
- You can top up your loan if you need more funds (subject to approval).
- Borrow up to €80,000 over a maximum term of 10 years for home initiatives.
- Borrow up to €60,000 over a max term of 8 years for transport initiatives.
- Support your credit union by borrowing locally.
Click any of the sections below to learn more about the great value Green Loan from Killarney Credit Union.
Loan Repayment Table
Cost of Loan
Green Loan 6.5% Green Loan 6.5% €10,000 6.7% 5 Years 260 €45.06 €1,712.37 €11,712.37 Green Loan 6.5% €20,000 6.7% 5 Years 260 €90.11 €3,425.21 €23,425.21 Green Loan 6.5% €45,000 6.7% 7 Years 364 €153.85 €10,997.33 €55,997.33 Green Loan 6.5% €70,000 6.7% 10 Years 520 €182.98 €25,142.97 €95,142.97 B2 Rating 5.8% B2 Rating 5.8% €25,000 5.96% 5 Years 260 €110.78 €3,799.70 €28,799.70 B2 Rating 5.8% €50,000 5.96% 8 Years 416 €150.19 €12,473.93 €62,473.93 A Rating 4.79% A Rating 4.79% €30,000 4.9% 5 Years 260 €129.76 €3,735.97 €33,735.97 A Rating 4.79% €50,000 4.9% 10 Years 520 €120.97 €12,901.77 €62,901.77
Typical APR Variable Green Loan Rate (4.9% APR / 5.96% APR / 6.7% APR). Lending terms and conditions apply. Loans are subject to approval. Table is for illustration only and does not constitute a contract.
Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may effect your credit rating which may limit your ability to access credit in the future.
Completed application form
Simply call to any of our three branches and our staff will be happy to assist you.
Proof of Identity
e.g. passport, driver’s license
Proof of Current Address (issued within the last 6 months)
e.g bank statements, utility bill, social welfare letter, government documents etc
Proof of Income
e.g 3 most recent pay slips or social welfare payment receipts
Proof of PPS Number
Correspondance from Revenue / Department of Social Protection, Social welfare receipts
For Self Employed Members:
Set of accounts (2 recent years), Form 11,Tax Clearance Certificate
Current Bank Statements
may be required (last 3 months)
Credit Card Statements
(last 3 months)
Member may be asked to provide proof of greenhouse emission reduction or improvement in BER rating, proof of works or proof of transport purchase.
Green Loan Terms & Conditions
The Interest Rates are 4.79% (4.9% APR) for an A Energy rating, 5.8% (5.96% APR) for a B1 or B2 rating. Projects achieving a rating B3 or below, and all Green Transport Initiatives 6.5% (6.7% APR).
Minimum loan €5,000: Max Loan €80,000 (€60,000 for vehicles)
Cannot be topped up on an existing loan balance
Maximum Term is 10 years
- Maximum Term for a Car is 8 years
Member may be asked to provide proof of greenhouse emission reduction or improvement in BER rating, proof of works or proof of transport purchase
Standard Loan Terms and Conditions of Killarney Credit Union apply
The Board of Directors reserve the right to terminate this loan product at any time
A €30,000 home improvement loan over 10 years at a 4.79% variable interest rate (4.9% APR) has 120 monthly repayments of €315.13 The total amount repayable is €37,815.
Download the Green Loan PDF Information Leaflet
Download a PDF Information Leaflet