Early Exit Fee after 1 year assuming $300,000 loan
fixed rate break fees
Features
Repayment Frequency
Fortnightly, Monthly
Extra repayments
yes - free up to $10,000 pa
Repayment holidays
none
Redraw facility
no
Minimum redraw amount
$
Split account
yes
Offset account
no
Other restrictions
A valuation fee is payable. ING DIRECT will cover up to $200 of the valuation fee (GST inclusive) for the first valuation/property only.
Other benefits
none
Other financial bits
Minimum loan amount
$50,000
Maximum loan amount
$2,000,000
Rates
Variable rate
none
Intro rate
-
Intro rate term
none
Intro rate type
Variable
Comparison Rate*
6.48%
Fixed 1 year rate
5.99%
Fixed 2 year rate
5.99%
Fixed 3 year rate
5.99%
Fixed 4 year rate
6.49%
Fixed 5 year rate
6.49%
Fixed 7 year rate
-
Fixed 10 year rate
-
Fixed loan revert rate
6.62%
Fees
Application fee
$299.00
Legal fee
$
Valuation fee
$
Settlement fee
$220.00
Other upfront fee (% of loan)
none
Service fee
$0.00
Discharge fee
$250.00
Early Exit Fee after 1 year assuming $300,000 loan
fixed rate break fees
Features
Repayment Frequency
Fortnightly, Monthly
Extra repayments
yes - free up to $10,000 pa
Repayment holidays
none
Redraw facility
no
Minimum redraw amount
$
Split account
yes
Offset account
no
Other restrictions
A valuation fee is payable. ING DIRECT will cover up to $200 of the valuation fee (GST inclusive) for the first valuation/property only.
Other benefits
none
Other financial bits
Minimum loan amount
$50,000
Maximum loan amount
$2,000,000
About ING DIRECT
ING DIRECT is part of the ING Group, one of the world’s largest financial institutions, but it isn’t like other banks. ING DIRECT pioneered branch-less banking in Australia, getting rid of branches and passing on the savings to customers in the form of better rates and lower fees. From high interest savings accounts and term deposits to low rate home loans, ING DIRECT aims to keep your banking simple.
Mozo People's Choice Awards. As voted by the Australian money public. Our Community of 23,000 reviewers gave this provider the thumbs up.
How are ING DIRECT home loans rated by the Mozo community?
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