ING Orange Advantage (Package)

3.79% p.a.

4.11% p.a.

$299.00 yearly

3.69% p.a.

4.01% p.a.

$299.00 yearly

3.64% p.a.

3.69% p.a.

$299.00 yearly

4.14% p.a.

4.46% p.a.

$299.00 yearly

4.09% p.a.

4.41% p.a.

$299.00 yearly

4.04% p.a.

4.36% p.a.

$299.00 yearly

3.97% p.a.

4.29% p.a.

$299.00 yearly

4.75% p.a.

5.05% p.a.

$299.00 yearly

4.75% p.a.

5.05% p.a.

$299.00 yearly

5.15% p.a.

5.46% p.a.

$299.00 yearly

5.05% p.a.

5.36% p.a.

$299.00 yearly

5.40% p.a.

5.70% p.a.

$299.00 yearly

4.54% p.a.

4.85% p.a.

$299.00 yearly

4.69% p.a.

5.00% p.a.

$299.00 yearly

ING Orange Advantage (Package) Review

Rates and fees information correct as at 24 November 2017.

Review published: 9 October 2012

What's hot:

  • $0 application fee

  • Low variable rate

What's not:

  • $299 yearly service fee

Mozo snapshot:

It's the low rates and great customer service that make the ING Orange Advantage home loan a winner. It has no application fees and is packed with flexible options such as redraw, split loan options and offset to help you save on interest payments. 

Key features:

There are different rate tiers for the ING Orange Advantage home loan depending on the amount you are borrowing and your loan-to-value ratio. The rates are most favourable if you've already paid off a large sum of your mortgage, but even if you're just starting out all loans over $150,000 will get a 3.79% variable rate.

Here's how the rate tiers work. If you're purchasing an investment property and if you're looking for a loan between $150,000 - $2,000,000, you would be looking at a variable rate of 4.54%.

For owner occupier loans $150,000 - $500,000 with an LVR under 80% the rate is 3.79%. If you're borrowing between $500,000 - $1 million, you'll snag a 3.69% rate, and above that your rate will be 3.64%. 

For borrowers with an LVR between 80 - 90%, the rate is 4.29% no matter how much you're borrowing, and if your LVR is above 90%, you'll get a 4.75% rate. The maximum LVR available is 95%.

There is an 100% interest offset option if you link your home loan to the Orange Everyday Transaction Account which can save you a bunch of interest over the life of your loan. 

You can make extra repayments anytime for free and if you find yourself in need of some extra cash down the line you can take advantage of the free redraw facility.

While there are no application fees for the Orange Advantage home loan there are still some upfront costs to be aware of. You'll need to pay a $299 upfront settlement fee and there is a property valuation fee to pay but ING will cover up to $225 of this cost on your first property evaluation ($750 for loans over $1 million). There is also a split loan option if you decide that you want to fix some of your loan for a set period if rates start to climb.

Be sure you take advantage of the 'free' options with this account like extra payments, free redraws and split loan options.

Who it's good for:

Anyone looking for competitive rates and loan flexibility.

Any catches?

You can make payments fortnightly or monthly but loan repayments must be done either via direct debit or salary credit so if you need an alternative payment method you'd need to consider an alternative loan.

How are ING home loans rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
8.1

Based on 185
ING home loans reviews

7.8 7.5 7.8 7.6 7.9

Read ING home loan reviews by the Mozo community

Latest reviews of ING Orange Advantage (Package)

ING

ING Orange Advantage (LVR<80%, Owner Occupier, Principal & Interest) (Package) home loan review

Overall rating   9 / 10

Magical

I love all the extra features of the ING orange advantage card which is linked to my homeloan account.

Full review

I love all the extra features of the ING orange advantage card which is linked to my homeloan account.

    Price   10 / 10

    Features   10 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   7 / 10

Less

Whitney (WA), reviewed over 1 year ago

ING

ING Orange Advantage (LVR<80%, Owner Occupier, Principal & Interest) (Package) home loan review

Overall rating   10 / 10

A+ and 5* Quality Financial Institution

Great customer service. Excellent customer rebates and rewards. Great interest rates.

Full review

Great customer service. Excellent customer rebates and rewards. Great interest rates.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Joyce (QLD), reviewed over 1 year ago

ING

ING Orange Advantage (LVR<80%, Owner Occupier, Principal & Interest) (Package) home loan review

Overall rating   6 / 10

Average

Typical bank. I would change but I'm sure they are all the same.

Full review

Typical bank. I would change but I'm sure they are all the same.

    Price   3 / 10

    Features   4 / 10

    Customer service   6 / 10

    Convenience   5 / 10

    Trust   7 / 10

Less

Angela (QLD), reviewed over 1 year ago

ING

ING Orange Advantage (LVR<80%, Owner Occupier, Principal & Interest) (Package) home loan review

Overall rating   9 / 10

Excellent customer service and low H/L Interest

Pros - Low interest rates for home loans Great phone service Cons No branches (free non-ING ATM use)

Full review

Pros - Low interest rates for home loans Great phone service Cons No branches (free non-ING ATM use)

    Price   10 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   9 / 10

Less

Terence (NSW), reviewed over 1 year ago

ING

ING Orange Advantage (LVR<80%, Owner Occupier, Principal & Interest) (Package) home loan review

Overall rating   6 / 10

Great customer service

Happy with them always helpful anytime. Only con is yhey don't have any branches where you can draw out money only ATM's but they do pay the fees involved.

Full review

Happy with them always helpful anytime. Only con is yhey don't have any branches where you can draw out money only ATM's but they do pay the fees involved.

    Price   6 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   3 / 10

    Trust   7 / 10

Less

Jennifer (SA), reviewed over 1 year ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Currently showing

Rates

  • 3.79% p.a.

  • n/a

  • 0 Months

  • none

  • 4.11% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $250.00

Other financial bits

  • $150,000

  • $500,000

  • none

  • 80.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Fortnightly, Monthly

  • yes - free

  • none

  • yes

  • $1.00

  • yes

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 3.69% p.a.

  • n/a

  • 0 Months

  • none

  • 4.01% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $250.00

Other financial bits

  • $500,000

  • $999,999

  • none

  • 80.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Fortnightly, Monthly

  • yes - free

  • none

  • yes

  • $1.00

  • yes

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 3.64% p.a.

  • n/a

  • 0 Months

  • none

  • 3.69% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 4.14% p.a.

  • n/a

  • 0 Months

  • none

  • 4.46% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $250.00

Other financial bits

  • $150,000

  • $499,999

  • none

  • 80.00%

Features

  • Owner Occupier

  • Interest Only

  • Fortnightly, Monthly

  • yes - free

  • none

  • yes

  • $1.00

  • yes

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 4.09% p.a.

  • n/a

  • 0 Months

  • none

  • 4.41% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $250.00

Other financial bits

  • $500,000

  • $999,999

  • none

  • 80.00%

Features

  • Owner Occupier

  • Interest Only

  • Fortnightly, Monthly

  • yes - free

  • none

  • yes

  • $1.00

  • yes

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 4.04% p.a.

  • n/a

  • 0 Months

  • none

  • 4.36% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 3.97% p.a.

  • n/a

  • 0 Months

  • none

  • 4.29% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 4.75% p.a.

  • n/a

  • 0 Months

  • none

  • 5.05% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 4.75% p.a.

  • n/a

  • 0 Months

  • none

  • 5.05% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 5.15% p.a.

  • n/a

  • 0 Months

  • none

  • 5.46% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 5.05% p.a.

  • n/a

  • 0 Months

  • none

  • 5.36% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 5.40% p.a.

  • n/a

  • 0 Months

  • none

  • 5.70% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 4.54% p.a.

  • n/a

  • 0 Months

  • none

  • 4.85% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

Rates

  • 4.69% p.a.

  • n/a

  • 0 Months

  • none

  • 5.00% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $0.00

  • none

  • none

  • $299.00

  • none

  • $299.00 yearly

  • $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

  • yes

  • Can only be paid by Direct Debit or Salary Credit.

  • none

About ING

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.

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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