8.8 / 10

based on 4517 ING reviews as rated by Mozo community

ING home loans

ING is the world’s leading direct savings bank and is wholly owned by ING Group. It has held an Australian banking license since 1999 and in that time has become Australia’s most recommended bank with over 1.5 million customers and counting.

ING has financed more than 475,000 home loans Australia-wide so you can sleep easy knowing that you’re getting expert assistance that’s suited to your borrowing needs, whether you’re a first home buyer, investor or refinancer

What home loans do ING offer?

Rates and fees verified as correct at 18 April, 2021. Other information correct at the time of writing. Advertiser disclosure.

Fixed Rate Home Loans

If you’re in the market for a fixed rate home loan that doesn’t skimp on flexibility, the offers from ING could be what you’re after. The Fixed Rate Loan lets you lock in a rate from 1 to 5 years and make repayments on a fortnightly or monthly basis. Loans are available from $50,000 and you’ll be able to borrow up to 95% LVR, meaning you can take out a loan with only a 5% deposit.

There are no application or ongoing monthly fees and you can make up to $10,000 a year in additional repayments without penalty. And if you combine your Fixed Rate Loan with ING's Orange Advantage home loan, you’ll receive a discount on the advertised fixed interest rates. There is also a rate lock feature available which can safeguard you against rising interest rates for up to 90 days prior to the settlement of the loan, but you’ll be charged a one off fee.

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments

2.24% p.a.

3.65% p.a.

$0.00

$798

2.54% p.a.

4.65% p.a.

$0.00

$798

2.34% p.a.

4.16% p.a.

$0.00

$798

Variable Rate Home Loans

ING’s variable options have everything you’re looking for in a full featured variable home loan. There are two variable home loans on offer that are available from a starting amount of $50,000, and you’ll be able to make unlimited extra repayments and redraw as you please.

While you’ll be charged an annual fee for the Orange Advantage loan, you can make up for the cost by taking advantage of its money saving features including a 100% offset account and a split loan facility that rewards you with interest rate discounts.

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments

2.59% p.a.

2.62% p.a.

$0.00

$299

3.50% p.a.

3.53% p.a.

$0.00

$299

3.54% p.a.

3.57% p.a.

$0.00

$299

2.49% p.a.

2.52% p.a.

$0.00

$299

2.45% p.a.

2.48% p.a.

$0.00

$299

3.00% p.a.

3.03% p.a.

$0.00

$299

4.45% p.a.

4.47% p.a.

$0.00

$299

3.92% p.a.

3.94% p.a.

$0.00

$299

3.04% p.a.

3.07% p.a.

$0.00

$299

4.45% p.a.

4.47% p.a.

$0.00

$299

2.64% p.a.

2.67% p.a.

$0.00

$299

4.00% p.a.

4.02% p.a.

$0.00

$299

Fixed Package Home Loan

Home loan repayments calculator

years

Product Fixed 3 year rate Comparison Rate Service fee Upfront fee Monthly repayments

2.14% p.a.

3.62% p.a.

$0.00

$299

2.04% p.a.

3.60% p.a.

$0.00

$299

Variable Package Home Loan

Home loan repayments calculator

years

Product Rate Comparison Rate Service fee Upfront fee Monthly repayments

2.64% p.a.

2.98% p.a.

$299.00 yearly

$299

3.59% p.a.

3.91% p.a.

$299.00 yearly

$299

3.55% p.a.

3.88% p.a.

$299.00 yearly

$299

2.50% p.a.

2.85% p.a.

$299.00 yearly

$299

2.54% p.a.

2.89% p.a.

$299.00 yearly

$299

3.05% p.a.

3.39% p.a.

$299.00 yearly

$299

4.07% p.a.

4.39% p.a.

$299.00 yearly

$299

4.55% p.a.

4.86% p.a.

$299.00 yearly

$299

4.65% p.a.

4.96% p.a.

$299.00 yearly

$299

3.09% p.a.

3.42% p.a.

$299.00 yearly

$299

4.20% p.a.

4.52% p.a.

$299.00 yearly

$299

2.69% p.a.

3.04% p.a.

$299.00 yearly

$299

ING home loan features in a glance

Image of coins

Everyday round up feature

If you have an Orange Everyday account, you’ll be able to take advantage of the round up feature. This rounds up your card purchases to the nearest $1 or $5 and directs the difference towards paying off your Mortgage Simplifier or Orange Advantage loan balance.

Award icon

Split and save

If you can combine your Orange Advantage home loan with a Fixed Rate loan, you’ll receive a discount of 0.10% on the advertised fixed rate. Plus, the fixed rate home loan application fee will be automatically waived.

Free icon

Free ATMs

You can withdraw funds from any ATM in Australia for free when you have any ING home loan and an Orange Everyday transaction account. You’ll also receive a rebate on fees from international ATMs (within 5 business days), as well as international transaction fees.

How are ING home loans rated?

Mozo users have rated ING home loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of home-loans
ING home loans
Overall
7.8/10
Price
Features
Customer service
Convenience
Trust

744 Reviews

Recent ING home loan reviews

ING Orange Advantage (Package) review
Overall 10/10
Lower interest, lower repayment.

ING recently helped us refinance our mortgage, leveraging a lower interest rate, maximising our property worth and putting more money back in our pockets. They were friendly and honest, and handled everything in the transition process from one back to another.

Read full review

ING recently helped us refinance our mortgage, leveraging a lower interest rate, maximising our property worth and putting more money back in our pockets. They were friendly and honest, and handled everything in the transition process from one back to another.

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Cameron, New South Wales, reviewed 3 days ago
ING Orange Advantage (Package) review
Overall 8/10
Fair/good

Great for very low to no fees. Rates are fair not fantastic. Customer service is adequate how ever they seem to run off a if you don't ask and we wont tell you anything system. You have to approach them for most things and loyalty doesn't equate to any discounts.

Read full review

Great for very low to no fees. Rates are fair not fantastic. Customer service is adequate how ever they seem to run off a if you don't ask and we wont tell you anything system. You have to approach them for most things and loyalty doesn't equate to any discounts.

Price
5/10
Features
6/10
Customer service
6/10
Convenience
9/10
Trust
8/10
Less
Tammi, Western Australia, reviewed about 1 month ago
ING Fixed Rate Loan (Owner Occupiers with Orange Advantage) review
Overall 7/10
Thanks and good luck to me.

Great customer service which is available at all hours. Competitive and great alternative to big banks.

Read full review

Great customer service which is available at all hours. Competitive and great alternative to big banks.

Price
7/10
Features
7/10
Customer service
9/10
Convenience
8/10
Trust
7/10
Less
Charlie, New South Wales, reviewed 3 months ago
ING Home Loan review
Overall 8/10
Very easy to deal with.

Very easy and supportive.

Read full review

Very easy and supportive.

Price
8/10
Features
6/10
Customer service
8/10
Convenience
9/10
Trust
8/10
Less
Nicki, New South Wales, reviewed 3 months ago
ING Mortgage Simplifier review
Overall 9/10
Fantastic Customer Service and Products

I was initially concerned by not having the ability to go into a Branch due to ING not having any physical branches; however their online and phone customer service is on par if not better than other banks I have dealt with at the Branch level.

Read full review

I was initially concerned by not having the ability to go into a Branch due to ING not having any physical branches; however their online and phone customer service is on par if not better than other banks I have dealt with at the Branch level.

Price
8/10
Features
9/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Tim, South Australia, reviewed 3 months ago

What do you need to apply for a ING home loan?

When you are confident ING is the right lender for you, signing up for one of their home loans is relatively easy and can be done online or offline. Before you get started, ensure you familiarise yourself with the details ING may require by scouring through our handy guide:

  • Completed Verifying Your Identity Form with accompanying identification documents
  • Rates notice
  • Statements for credit/store cards
Income details
  • Most recent payslips, Group Certificate or Taxation Return if you’re a salaried employee.
  • Self employed applicants will need to provide personal and business/company Taxation Returns and financials.

The purpose of the loan (i.e. new purchase, investment property or refinance) will generally determine what additional documents you may require. Some of these may include:

  • Contract of Sale
  • Bank account statements showing savings history
  • Completed application for First Home Owners Grant
  • Letter from Real Estate Agent conforming proposed/existing rental income or lease agreement
  • 6 month home loan statements (if you’re refinancing).

Home loan quick links