Put the environment first and we’ll find you a first-rate solar loan with low rates from 6.74% 1 comparison rate 7.57% 2* for excellent credit.
Solar Loans
A brighter
investment
investment
What can I use this for?
Solar
loan
purposes
- Solar panel installation
- Battery storage systems
- Inverters and electrical upgrades
- Off-grid or hybrid solar setups
- Solar hot water systems
The Wisr Difference
Not your average lender
We’re smart, with a big heart.
Your rate is tailored based on your credit score.
You’ll get an outcome that’s right for you.
With no early repayment fees.
Learn how to keep them in shape.
Our customer service team is ready to help.
Loan Calculator
Doing the maths is smart
Calculate your repayments on a solar loan.
- Monthly
- Exceptional
Get estimate
Details
| Total Repayments | $0.00 |
|---|---|
| Total Interest | $0.00 |
| Amount Required | $0.00 |
| Establishment Fee | + $0.00 |
| Loan Total | $0.00 |
| Interest Rate (p.a.)1 | 0.00% |
Testimonials
For the part of you that learns from others
The Process
We keep it simple
- 01
Get your personalised rate estimate in 2 minutes
- 02
Apply online and get a response right away
- 03
Upload your documents
- 04
Sign on the digital line
- 05
Get your money within 24-48 hours, if approved
Product features and fees
- Loan purpose
Solar loan
- Interest rate
Fixed from 6.74% 1 to 24.54%
- Comparison rate
Fixed from 7.57% 2* to 25.32% 2*
- Loan amount
$5,000 – $62,000
- Terms
3, 5 and 7 years
- Establishment fee
$595
- Features
No early repayment fees
Eligibility criteria
- Gross income over $25,000 p.a.
- Over 18 years of age
- No unpaid defaults last 5 years
- No bankruptcies last 7 years
- Not currently in financial hardship
- Permanent Australian resident (living in Australia right now)
Q1: What is a solar loan?
A solar loan is a type of unsecured personal loan used to pay for solar energy systems and installations.
Q2: Is it only for solar panels?
Nope. You can use the loan for many solar and green purposes, including battery storage, energy monitors and solar hot water systems. If you’re unsure, just speak to us for assistance.
For information on electric vehicles or general green loans, see our pages below.
Q3: How long will it take for me to get my funds?
Installing solar on your roof or upgrading your grid is a big decision, and it’s probably one you’ve been thinking about for a while. So, when you finally decide to pull the trigger, we don’t want to make you wait any longer. We strive for fast and thorough approvals and aim to have the money in your account within 48 hours after approval.
Q4: How are my repayments calculated?
We take the value of the loan, add the interest payable based on your personalised rate and the one-off establishment fee, and divide that into equal instalments over your loan term. You can choose to pay monthly, fortnightly or weekly – whatever works best for you.
You can check what your repayments might be with our loan repayment calculator.
FAQ
For the curious
Definitely! You can use a solar loan to upgrade your inverter, add more solar panels, or install a larger battery to make your system more efficient and better suited to your current energy use.
More Resources
The boring (but important) stuff
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1: This rate applies only to borrowers with excellent credit histories. Wisr will also offer loans at higher rates to applicants with good histories, but who do not meet the requirements for our lowest rates. Interest rates range from minimum 6.74% to maximum 24.54% Loan example: for a borrower with excellent credit, a loan of $30,000 over a 5 year term, with an interest rate of 6.24% comparison rate 7.57% and a $595 establishment fee, the monthly repayment would be $602.07 and the total cost over the life of the loan including the establishment fee would be $36,124.30.
2: Comparison rates based on $30,000 unsecured loan, fixed over 5 years, with monthly repayments.
3: Comparison rates based on $10,000 unsecured loan, fixed over 3 years, with monthly repayments.
4: Comparison rates based on $10,000 secured loan, fixed over 3 years, with monthly repayments.
5: Comparison rates based on $30,000 secured loan, fixed over 5 years, with monthly repayments with a total loan amount compared to the vehicle asset valuation less than or equal to 130%.
* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms may result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Note: All rates mentioned on this website are calculated on a per annum basis.