ING Mortgage Simplifier
This product is available in different versions. Pick the right version for you here.
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $999,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $50,000 and $149,999 with an LVR below 95%
The details shown below are for an owner occupier taking out a interest only loan between $50,000 and $149,999 with an LVR below 95%
The details shown below are for an owner occupier taking out a principal & interest loan between $1,000,000 and $2,000,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan between $150,000 and $999,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan between $1,000,000 and $2,000,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $2,000,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan between $150,000 and $2,000,000 with an LVR below 95%
The details shown below are for an investor taking out a principal & interest loan between $50,000 and $149,999 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $50,000 and $149,999 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $150,000 and $2,000,000 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $150,000 and $2,000,000 with an LVR below 80%
Choose the version of this loan that suits you best
| Availability | Loan type | LVR | Min loan amount | Max loan amount | |
|---|---|---|---|---|---|
| | Owner Occupier | Principal & Interest | < 80% | $150,000 | $999,999 |
| | Owner Occupier | Principal & Interest | < 95% | $50,000 | $149,999 |
| | Owner Occupier | Interest Only | < 95% | $50,000 | $149,999 |
| | Owner Occupier | Principal & Interest | < 80% | $1,000,000 | $2,000,000 |
| | Owner Occupier | Interest Only | < 80% | $150,000 | $999,999 |
| | Owner Occupier | Interest Only | < 80% | $1,000,000 | $2,000,000 |
| | Owner Occupier | Principal & Interest | 80%-90% | $150,000 | $2,000,000 |
| | Owner Occupier | Principal & Interest | 90%-95% | $150,000 | $2,000,000 |
| | Investor | Principal & Interest | < 80% | $50,000 | $149,999 |
| | Investor | Interest Only | < 80% | $50,000 | $149,999 |
| | Investor | Principal & Interest | < 80% | $150,000 | $2,000,000 |
| | Investor | Interest Only | < 80% | $150,000 | $2,000,000 |
-
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $150,000 $999,999
-
Owner Occupier (Principal & Interest)
LVR < 95%
Loan: $50,000 $149,999
-
Owner Occupier (Interest Only)
LVR < 95%
Loan: $50,000 $149,999
-
Owner Occupier (Principal & Interest)
LVR < 80%
Loan: $1,000,000 $2,000,000
-
Owner Occupier (Interest Only)
LVR < 80%
Loan: $150,000 $999,999
-
Owner Occupier (Interest Only)
LVR < 80%
Loan: $1,000,000 $2,000,000
-
Owner Occupier (Principal & Interest)
LVR 80%-90%
Loan: $150,000 $2,000,000
-
Owner Occupier (Principal & Interest)
LVR 90%-95%
Loan: $150,000 $2,000,000
-
Investor (Principal & Interest)
LVR < 80%
Loan: $50,000 $149,999
-
Investor (Interest Only)
LVR < 80%
Loan: $50,000 $149,999
-
Investor (Principal & Interest)
LVR < 80%
Loan: $150,000 $2,000,000
-
Investor (Interest Only)
LVR < 80%
Loan: $150,000 $2,000,000
ING Mortgage Simplifier
4.17% p.a.
4.19% p.a.
$0.00
ING Mortgage Simplifier
4.17% p.a.
4.19% p.a.
$0.00
4.17% p.a.
4.19% p.a.
$0.00
4.70% p.a.
4.72% p.a.
$0.00
ING Mortgage Simplifier
4.70% p.a.
4.72% p.a.
$0.00
4.70% p.a.
4.72% p.a.
$0.00
2.99% p.a.
3.02% p.a.
$0.00
ING Mortgage Simplifier
2.99% p.a.
3.02% p.a.
$0.00
2.99% p.a.
3.02% p.a.
$0.00
3.79% p.a.
3.81% p.a.
$0.00
ING Mortgage Simplifier
3.79% p.a.
3.81% p.a.
$0.00
3.79% p.a.
3.81% p.a.
$0.00
3.75% p.a.
3.78% p.a.
$0.00
ING Mortgage Simplifier
3.75% p.a.
3.78% p.a.
$0.00
3.75% p.a.
3.78% p.a.
$0.00
3.13% p.a.
3.16% p.a.
$0.00
ING Mortgage Simplifier
3.13% p.a.
3.16% p.a.
$0.00
3.13% p.a.
3.16% p.a.
$0.00
3.33% p.a.
3.36% p.a.
$0.00
ING Mortgage Simplifier
3.33% p.a.
3.36% p.a.
$0.00
3.33% p.a.
3.36% p.a.
$0.00
4.25% p.a.
4.27% p.a.
$0.00
ING Mortgage Simplifier
4.25% p.a.
4.27% p.a.
$0.00
4.25% p.a.
4.27% p.a.
$0.00
4.70% p.a.
4.72% p.a.
$0.00
ING Mortgage Simplifier
4.70% p.a.
4.72% p.a.
$0.00
4.70% p.a.
4.72% p.a.
$0.00
3.44% p.a.
3.47% p.a.
$0.00
ING Mortgage Simplifier
3.44% p.a.
3.47% p.a.
$0.00
3.44% p.a.
3.47% p.a.
$0.00
3.84% p.a.
3.86% p.a.
$0.00
ING Mortgage Simplifier
3.84% p.a.
3.86% p.a.
$0.00
3.84% p.a.
3.86% p.a.
$0.00
Mozo Review ING Mortgage Simplifier Review
Last updated: 13 February 2020.
What's hot:
3.03% p.a. interest rate (3.06% p.a. comparison rate*) for $150,000 and under $1 million
No service or application fees
Free extra repayments and redraw facility
What's not:
No offset facility
Mozo snapshot:
On the prowl for a low cost home loan with some nifty features? ING’s Mortgage Simplifier has competitive interest rates including a rate of 3.03% p.a. (3.06% comparison rate*) for loans from $150,000 and under $1 million, with no monthly or annual service fees and no upfront application fee. Combine this with the home loan’s free extra repayments and redraw facility and you’ve got yourself a nice blend of low rates and flexibility.
Key features:
Whether you’re an owner occupier or investor, the ING Mortgage Simplifier has pretty low variable interest rates. Loans from $150,000 and under $1 million start from 3.03% p.a. (3.06% comparison rate*) for owner occupiers and loans from $150,000 to $2 million start from 3.44% (3.47% comparison rate*) for investors.
You can borrow from $50,000 up to $2 million, and the amount you borrow, as well as your LVR will determine the interest rate you get.
The loan is available to owner occupiers with an LVR up to 95% (which means a 5% deposit) and investors with an LVR up to 80% (a 20% deposit), but don’t forget if you have less than a 20% deposit (an LVR higher than 80%), you'll need to budget for Lenders Mortgage Insurance.
An innovative feature that comes with the Mortgage Simplifier is its everyday round up for home loans. Linking your Orange Everyday Account to your home loan means you’ll get free ATM access Australia-wide. Plus, you can also round up ING Orange Everyday Card purchases to the nearest $1 or $5 and then the difference is paid from your Orange Everyday account to help pay down your mortgage. Another feature is the option to have a split account between fixed and variable rates, but take note that the Mortgage Simplifier doesn’t come with an offset account.
You can also have flexibility in choosing between fortnightly or monthly repayments. Plus, if you’re looking to pay your loan off quicker you can make additional payments through the extra repayments facility for free and if it comes down to it, you can access those funds again through the redraw facility (minimum redraw amount for as little as $1).
There’s also no application, valuation, legal or service fees, although you will need to keep an eye out for the $299 settlement and $250 discharge fee.
Who it's good for:
If you're already an ING customer, you'll get the benefit of their sweep tool, so even though it’s a great deal for anyone it's particularly great for existing ING customers
Any catches?
Although it’s not a dealbreaker, if you are on the hunt for a home loan with an offset account, that’s one significant feature missing from this loan.
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
3.03% p.a.
-
n/a
-
n/a
-
n/a
-
3.06% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$150,000
-
$999,999
-
none
-
80.00%
Features
-
Owner Occupier
-
Principal & Interest
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
4.17% p.a.
-
n/a
-
n/a
-
n/a
-
4.19% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$50,000
-
$149,999
-
none
-
95.00%
Features
-
Owner Occupier
-
Principal & Interest
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
4.70% p.a.
-
n/a
-
n/a
-
n/a
-
4.72% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$50,000
-
$149,999
-
none
-
95.00%
Features
-
Owner Occupier
-
Interest Only
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
2.99% p.a.
-
n/a
-
n/a
-
n/a
-
3.02% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$1,000,000
-
$2,000,000
-
none
-
80.00%
Features
-
Owner Occupier
-
Principal & Interest
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
3.79% p.a.
-
n/a
-
n/a
-
n/a
-
3.81% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$150,000
-
$999,999
-
none
-
80.00%
Features
-
Owner Occupier
-
Interest Only
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
3.75% p.a.
-
n/a
-
n/a
-
n/a
-
3.78% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$1,000,000
-
$2,000,000
-
none
-
80.00%
Features
-
Owner Occupier
-
Interest Only
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
3.13% p.a.
-
n/a
-
n/a
-
n/a
-
3.16% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$150,000
-
$2,000,000
-
80.00%
-
90.00%
Features
-
Owner Occupier
-
Principal & Interest
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
3.33% p.a.
-
n/a
-
n/a
-
n/a
-
3.36% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$150,000
-
$2,000,000
-
90.00%
-
95.00%
Features
-
Owner Occupier
-
Principal & Interest
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
4.25% p.a.
-
n/a
-
n/a
-
n/a
-
4.27% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$50,000
-
$149,999
-
none
-
80.00%
Features
-
Investor
-
Principal & Interest
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
4.70% p.a.
-
n/a
-
n/a
-
n/a
-
4.72% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$50,000
-
$149,999
-
none
-
80.00%
Features
-
Investor
-
Interest Only
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
3.44% p.a.
-
n/a
-
n/a
-
n/a
-
3.47% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$150,000
-
$2,000,000
-
none
-
80.00%
Features
-
Investor
-
Principal & Interest
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Details
Rates and fees information correct as at 25 February 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.Rates
-
3.84% p.a.
-
n/a
-
n/a
-
n/a
-
3.86% p.a.
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
-
n/a
Fees
-
$0.00
-
$0.00
-
$0.00
-
$299.00
-
n/a
-
$0.00
-
$250.00
Other financial bits
-
$150,000
-
$2,000,000
-
none
-
80.00%
Features
-
Investor
-
Interest Only
-
Fortnightly, Monthly
-
yes - free
-
none
-
yes
-
$1.00
-
yes
-
no
-
none
-
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
Customer Reviews
How are ING home loans rated by the Mozo community?
Latest reviews of ING Mortgage Simplifier
-
Brilliant bank. Great rates and great products.
ING are a great bank to deal with. Competitive rates, great customer service and great products. Only downfall is that their only outlet is in Sydney's CBD but because everything can be done online or over the phone, you don't need to physically go into the bank. Post office will handle deposits if required.
Read full reviewING are a great bank to deal with. Competitive rates, great customer service and great products. Only downfall is that their only outlet is in Sydney's CBD but because everything can be done online or over the phone, you don't need to physically go into the bank. Post office will handle deposits if required.
Price10/10Features10/10Customer service10/10Convenience10/10LessTrust10/10 -
ING are awesome.
ING are fantastic. Never had any problems with them at all. I would recommend them to anyone.
Read full reviewING are fantastic. Never had any problems with them at all. I would recommend them to anyone.
Price9/10Features9/10Customer service10/10Convenience10/10LessTrust10/10 -
Competitive, customer focused and innovative.
ING is competitive, customer focused and innovative.
Read full reviewING is competitive, customer focused and innovative.
Price10/10Features9/10Customer service10/10Convenience10/10LessTrust10/10 -
No fuss, great to deal with, competent
Great communicators, plain English documents and Australian call centres.
Read full reviewGreat communicators, plain English documents and Australian call centres.
Price8/10Features7/10Customer service9/10Convenience9/10LessTrust9/10 -
Extremely happy with ING!
I'm extremely happy with ING!
Read full reviewI'm extremely happy with ING!
Price9/10Features7/10Customer service9/10Convenience8/10LessTrust8/10
About ING
ING is part of the ING Group, one of the world's largest financial institutions, but it isn't like other banks. ING 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 aims to keep your banking simple.
See ING home loans
Promoted
Bank of Queensland
Fixed Rate
2.79% p.a.
fixed 3 years
3.67% p.a.
$450
Promoted
Newcastle Permanent
Real Deal Home Loan
3.19% p.a. variable
3.23% p.a.
$0
Promoted
Newcastle Permanent
Real Deal Home Loan
3.19% p.a. variable
3.23% p.a.
$0
Promoted
Newcastle Permanent
Real Deal Home Loan
3.19% p.a.
3.23% p.a.
$0
Promoted
Bank of Queensland
Fixed Rate
2.79% p.a.
fixed 3 years
3.67% p.a.
$450
Promoted
loans.com.au
Fixed Home Loan
2.99% p.a.
fixed 3 years
3.27% p.a.
$520
Promoted
Qudos Bank
Fixed Rate Home Loan
2.89% p.a.
fixed 3 years
3.23% p.a.
$0
Promoted
Newcastle Permanent
Fixed Rate Home Loan (Premium Plus Package)
2.89% p.a.
fixed 3 years
3.96% p.a.
$0
Promoted
loans.com.au
Fixed Home Loan
3.79% p.a.
fixed 3 years
3.47% p.a.
$520
Promoted
Bank of Queensland
Fixed Rate
2.79% p.a.
fixed 3 years
3.67% p.a.
$450
Promoted
Bank of Sydney
BOSBasic Home Loan
2.96% p.a.
3.01% p.a.
$0.00
Promoted
Mortgage House
Red Home Loan - Early Bird Special
2.89% p.a.
2.93% p.a.
$0.00
