Low variable interest rate home loan with no ongoing monthly or annual fees.
Category: Home Loans Last Updated November 1, 2024 Effective May 21, 2000
General Lending Rates
Rates listed below are for a VARIABLE Owner Occupied P&I product. Additional Information Owner occupier - Principal & Interest.
Interest Rate 6.14% PA
Comparison Rate 6.17%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
Complementary Product DiscountsAdditional Information: Breathe easier and save 30% on new policies when you combine home with contents insurance online.
Digital Banking
Npp PayidAdditional Information: No need for BSB and account number. Receive real time payments using your own unique ID.
Npp Enabled
Bill PaymentAdditional Information: Make payments the easy way.
NotificationsAdditional Information: Receive SMS notifications when your balance is above or below an amount, a withdrawal or deposit is made or when your salary is deposited.
OtherAdditional Information: Everyday Round Up. Round up eligible Orange Everyday card purchases to the nearest $1 or $5, and the difference goes straight from your Orange Everyday to pay down on your Mortgage Simplifier home loan.
OtherAdditional Information: No fees for extra repayments.
RedrawAdditional Information: Our flexible redraw facility gives you access to your additional payments when you need them. There is no minimum redraw amount, no limit on how many redraw transactions you can make and no redraw fee.
Product Eligibility
Min Age - 18. Additional Information: You must be aged 18 or over.
Residency Status - Au. Additional Information: Available to Australian citizen or Australian permanent resident.
Residency Status - Nz. Additional Information: Available to New Zealand citizens living in Australia.
OtherAdditional Information: Have and maintain an Australian residential address.
Bank Fees and Charges
Annual Fee (Periodic), Amount: 0.00. Additional Information: With no monthly, annual or transaction fees.
Settlement Fee (Upfront), Amount: 350.00. Additional Information: For each loan application and is charged at settlement.
Change To Letter Of Offer (Event), Amount: 250.00. Additional Information: This is payable if changes are made to the letter of offer between disclosure date (date of original issue) and settlement.
Additional Statements (Event), Amount: 7.00. Additional Information: $7 for each statement period.
Increase/decrease To Loan Amount (Event), Amount: 300.00.
Product Switch (Event), Amount: 300.00.
Substitution Of Security (Event), Amount: 300.00.
Discharge Full And Partial (Event), Amount: 250.00.
Consent To Subdivision/2nd Mortgage (Event), Amount: 300.00.
Removal Or Change To Borrowers Or Guarantors (Event), Amount: 300.00.
Dishonoured Cheque (Event), Amount: 9.00.
Direct Debit Rejected (Event), Amount: 9.00. Additional Information: $9 for each direct debit rejected.
Arrears Default Letter (Event), Amount: 40.00. Additional Information: $40 for each letter.
Valuation Fee (Variable), Amount: Not Listed.. Additional Information: A valuation fee is payable. ING will cover up to $225 of the valuation fee (GST inclusive) for the first valuation/property only.
Late Payment Fee (Event), Amount: 30.00. Additional Information: $30 when you do not pay any amount owing within 5 days of its due date
