ING
★ 4.5 / 5
digital · Est. 1999 · HQ NSW · ABN 24 000 893 292
Branch-light digital bank that has consistently priced near the front of the variable-rate market.
Pros & cons
Pros
- Consistently competitive variable rates
- Orange Everyday + Mortgage Saver combo
- No annual fee on Orange Advantage
Cons
- No physical branches
- Phone wait times can be long
ING home loan products
| Product | Type | Rate | Comp. rate | Features |
|---|---|---|---|---|
| 2-Year Fixed | fixed 2yr | 5.79% | 6.06% | extra repay |
| Mortgage Simplifier | variable | 5.84% | 5.87% | redraw, extra repay |
| Orange Advantage Variable | variable | 5.94% | 6.32% | offset, redraw, package, extra repay |
Indicative monthly repayment on a $500,000 loan over 30 years at ING's lowest rate (5.79% p.a.): $2,931/month. Run a full comparison on our repayment calculator.