ING - Fixed Rate Home Loan
Fixed | Fixed for 5 years | Owner Occupied | Principal & Interest | LVR up to 80% | Borrowing between $50,000 and $5,000,000
The ING Fixed Rate Home Loan offers an advertised interest rate of 5.84% p.a. and a comparison interest rate of 6.04% p.a.. The ING Fixed Rate Home Loan is suitable for Owner Occupiers with Fixed terms.
More ING Fixed Rate Home Loan details can be found below or visit ING to learn more or apply.
A Fixed rate loan for Owner Occupiers repaying the Principal & Interest with an advertised interest rate of 5.84% p.a. and a comparison interest rate of 6.04% p.a.
Advertised Rate
5.84% p.a. Fixed - 5 years
Comparison Rate
6.04% p.a. Fixed - 5 years
Application Fee
N/A
Loan To Value
80%
Interest
Rate Type
Fixed
Fixed Period
5
years
Advertised Rate
5.84% p.a.
Fixed - 5 years
Comparison Rate
6.04% p.a.
Fixed - 5 years
Calculation Frequency
Daily
Application Frequency
Monthly
Terms
Suitability
Owner Occupiers
Borrowing
$50,000 to $5.0m
Term
30
years
Loan To Value
80%
Repayment
Type
Principal & Interest
Frequency
Monthly, Fortnightly
Extra Repayments
Yes
Fees
Settlement Fee
$350
per event
Ongoing Fee
$0
per month
Discharge Fee
$250
per event
Rate Lock Fee
$749
per event
Late Payment Fee
$30
per event
Features
Redraw
No
Loan Offset
No
Loan Split
Yes
Loan Switching
Yes
Rate Lock
Yes
Who is the product designed for?
The Fixed Rate Loan is a home loan is for customers who are seeking a loan to purchase or refinance property that is to be paid off over time with regular payments. It has been specifically designed for:
- Customers who can provide residential property as security for the loan.
- Customers that wish to purchase residential property or refinance property as either owner occupiers or investors.
- Customers who would like to make principal and interest and may also have the option to make interest only repayments for a period of the loan term.
- Customers who do not want to pay any ongoing fees to ING under the Fixed Rate loan.
- Customers who want certainty of their monthly or fortnightly repayments and interest rate over a set period of 1-5 years.
- Customers who want the option to lock in the fixed interest rate applying at the time of the application for 90 days by paying a rate lock fee at the time of application.
- Customers who want to be able to make additional repayments up to $9,999 per settlement anniversary.
- Customers who meet the eligibility requirements.
Visit ING to view Target Market Determination Effective From: 2024-10-05.
Australia - © 2023 Fair Comparison Pty Ltd
Savrr.com is a trading name of Fair Comparison Pty Ltd. The 'compare' pages of this website are provided by Fair Comparison Pty Ltd (ABN 48 647 552 958, credit representative number 530417) as a credit representative of QED Credit Services Pty Ltd (Australian Credit Licence 387856) to compare a range of credit card, home loan, personal loan, and car loan products. Fair Comparison Pty Ltd may receive a fee if users click through, apply and/or successfully acquire a loan or credit card product from or through a product provider.
Fair Comparison provides information relating to credit products offered by banks and other credit providers. We are not providers of loan, credit, or any other financial products. While we aim to provide information about a variety of products, we do not provide information about all products or product features available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific products. Should you choose to apply for a product which is listed, you will deal directly with the provider of the product or its broker/representative. We aim to provide useful and up to date information, but you should always carefully check product information with the product provider prior to applying for or taking out a credit product. If you are unsure, you should seek clarification from the product provider or independent financial advice.
Global - © 2023 Fair Comparison Ltd
Savrr.com is a trading name of Fair Comparison Ltd. The ‘compare’ pages of this website are provided by Fair Comparison Ltd to compare a range of online trading platforms and products. Fair Comparison Ltd may receive a fee if users click through, apply and/or successfully apply for an online trading account or product.
Fair Comparison provides information relating to online trading platforms. We are not providers of loan, credit, or any other financial products nor are we an investment broker. While we aim to provide information about a variety of platforms or products, we do not provide information about all platforms or products available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific platforms or products. Should you choose to apply for a platform or product which is listed, you will deal directly with the platform or its broker/representative. We aim to provide useful and up-to-date information, but you should always carefully check information with the platform provider prior to opening an account or making a financial decision. If you are unsure, you should seek clarification from the platform or independent financial advice.