Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
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Owner Occupier | Principal & Interest | < 80% | $50,000 | $2,000,000 |
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Owner Occupier | Principal & Interest | 80%-90% | $50,000 | $2,000,000 |
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Owner Occupier | Principal & Interest | 90%-95% | $50,000 | $2,000,000 |
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Owner Occupier | Principal & Interest | < 80% | $50,000 | $2,000,000 |
For those looking for the security that comes with locking in a favourable home loan rate, the ING Fixed Rate Loan (Owner Occupiers with Orange Advantage) is a real contender. It offers a number of seriously competitive rates depending on the loan period you're looking to lock in for, starting as low as 5.99% p.a. (6.12% p.a. comparison rate*) for a 3-year term, as well as a number of further benefits like the ability to make extra repayments.
First things first, the loan must be combined with a variable Orange Advantage home loan, but that duality provides a discount of 0.10% on the advertised fixed rate.
The ING Fixed Rate Loan (Owner Occupiers with Orange Advantage) can be taken out on loans of $50,000 up to $2,000,000. You can choose fixed rate periods of between 1-5 years, but the interest rates vary depending on the loan term and whether you're paying principal and interest or interest only. The most competitive rate is the 3-year rate at 5.99% p.a. (6.12% p.a. comparison rate*) for P&I customers, but you'll be able to view all the available rates in the product details panel further down this page.
Customers can choose to make their repayments on a fortnightly or monthly basis, and they can also contribute extra repayments of up to $10,000 p.a. towards their loan balance without incurring any costs. However, there isn’t a redraw facility, meaning you won’t be able to tap into those additional repayments if you need access to them down the track.
Borrowers can also make extra contributions towards their outstanding loan balance by linking up their home loan with an Orange Everyday transaction account. You’ll receive all the standard benefits of the product (free ATMs across the country and rebates on ING international transactions and ATM use) but the real bonus is the everyday roundup feature, which rounds up all of your account transactions to the nearest $1 or $5 and transfers the difference to your home loan balance.
At the end of the fixed rate period you’ll be rolled over to the ING Orange Advantage variable home loan rate, so you may want to shop around at that point to make sure that it's a rate you're happy with.
The ING Fixed Rate Loan (Owner Occupiers with Orange Advantage) could be a competitive option for owner occupiers borrowers looking to lock in a low fixed rate, while also having the flexibility to make extra contributions.
You can lock in your fixed rate up to 90 days prior to your loan settlement to avoid rising interest rates, but a one-off fee of $749 applies.
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n/a |
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n/a |
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n/a |
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n/a |
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6.29% (6.18%*) |
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6.09% (6.16%*) |
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5.99% (6.12%*) |
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6.19% (6.18%*) |
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6.19% (6.19%*) |
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n/a |
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n/a |
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6.14% p.a. |
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$0.00 |
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$0.00 |
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$0.00 |
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$299.00 |
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n/a |
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$0.00 |
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$250.00 |
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$50,000 |
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$2,000,000 |
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none |
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80.00% |
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Fortnightly, Monthly |
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yes - free up to $10,000 pa |
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none |
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no |
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none |
|
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yes |
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no |
|
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Must be combined with an Orange Advantage variable home loan. |
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Everyday round up available, a feature that automatically rounds purchases made on INGs Orange Everyday transaction account to the nearest $1 or $5 and transfers the difference against your loan balance. |
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none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will 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. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
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n/a |
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n/a |
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n/a |
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n/a |
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6.39% (6.42%*) |
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6.19% (6.38%*) |
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6.09% (6.33%*) |
|
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6.29% (6.38%*) |
|
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6.29% (6.37%*) |
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n/a |
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n/a |
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6.39% p.a. |
|
$0.00 |
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$0.00 |
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$0.00 |
|
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$299.00 |
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n/a |
|
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$0.00 |
|
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$250.00 |
|
$50,000 |
|
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$2,000,000 |
|
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80.00% |
|
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90.00% |
|
Fortnightly, Monthly |
|
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yes - free up to $10,000 pa |
|
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none |
|
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no |
|
|
none |
|
|
yes |
|
|
no |
|
|
Must be combined with an Orange Advantage variable home loan. |
|
|
Everyday round up available, a feature that automatically rounds purchases made on INGs Orange Everyday transaction account to the nearest $1 or $5 and transfers the difference against your loan balance. |
|
|
none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will 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. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
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n/a |
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n/a |
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n/a |
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n/a |
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6.84% (6.73%*) |
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6.64% (6.71%*) |
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6.54% (6.67%*) |
|
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6.74% (6.73%*) |
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6.74% (6.74%*) |
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n/a |
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n/a |
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6.69% p.a. |
|
$0.00 |
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$0.00 |
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$0.00 |
|
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$299.00 |
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n/a |
|
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$0.00 |
|
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$250.00 |
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$50,000 |
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$2,000,000 |
|
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90.00% |
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95.00% |
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Fortnightly, Monthly |
|
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yes - free up to $10,000 pa |
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none |
|
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no |
|
|
none |
|
|
yes |
|
|
no |
|
|
Must be combined with an Orange Advantage variable home loan. |
|
|
Everyday round up available, a feature that automatically rounds purchases made on INGs Orange Everyday transaction account to the nearest $1 or $5 and transfers the difference against your loan balance. |
|
|
none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will 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. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
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n/a |
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n/a |
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n/a |
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n/a |
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6.69% (6.22%*) |
|
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6.59% (6.25%*) |
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6.59% (6.29%*) |
|
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6.69% (6.37%*) |
|
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6.69% (6.41%*) |
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n/a |
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n/a |
|
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6.14% p.a. |
|
$0.00 |
|
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$0.00 |
|
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$0.00 |
|
|
$299.00 |
|
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n/a |
|
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$0.00 |
|
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$250.00 |
|
$50,000 |
|
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$2,000,000 |
|
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none |
|
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80.00% |
|
Fortnightly, Monthly |
|
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yes - free up to $10,000 pa |
|
|
none |
|
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no |
|
|
none |
|
|
yes |
|
|
no |
|
|
Must be combined with an Orange Advantage variable home loan. |
|
|
Everyday round up available, a feature that automatically rounds purchases made on INGs Orange Everyday transaction account to the nearest $1 or $5 and transfers the difference against your loan balance. |
|
|
none |
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will 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. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
Only bad point is when you have less than 100k owing on a home loan the interest rates amalgamation are higher. That's unfair to loyal customers
Read full reviewOnly bad point is when you have less than 100k owing on a home loan the interest rates amalgamation are higher. That's unfair to loyal customers
Home loan not competitive
Read full reviewHome loan not competitive
Great customer service which is available at all hours. Competitive and great alternative to big banks.
Read full reviewGreat customer service which is available at all hours. Competitive and great alternative to big banks.
Clear communication, always competitive, easy to deal with.
Read full reviewClear communication, always competitive, easy to deal with.
I like ING bank as their customer service which has been outstanding for us, products on offer are fairly pretty good but there's is never any pressure which is why iwe rate ING so highly.
Read full reviewI like ING bank as their customer service which has been outstanding for us, products on offer are fairly pretty good but there's is never any pressure which is why iwe rate ING so highly.
Mortgage Simplifier
6.14% p.a.
6.17% p.a.
$0.00
Home Value Loan
6.09% p.a. variable
6.09% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
Elevate
6.09% p.a.
6.20% p.a.
Fixed Rate Loan (with Orange Advantage)
5.99% p.a.
fixed 3 years
6.12% p.a.
Fixed Rate
6.59% p.a.
fixed 3 years
7.06% p.a.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will 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. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.
