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- Fixed Rate Loan (w/Orange Advantage)
Fixed Rate Loan (w/Orange Advantage)
- Owner Occupied
- Fixed 3 years
- 20% min deposit
- P&I
Interest rate p.a.
5.99%
Comparison rate* p.a.
6.12%
Fixed Rate Loan (w/Orange Advantage)
- Owner Occupied
- Fixed 3 years
- 20% min deposit
- P&I
Interest rate p.a.
5.99%
Comparison rate* p.a.
6.12%
ING Fixed - 3 years Rate Home Loan overview
For Orange Advantage Home Loan Fixed 3 Years (LVR ≤ 80%)
Principal & Interest (P&I)
Loan type
Loan to value ratio
Interest rate
Comparison rate
Interest only
Loan type
Loan to value ratio
Interest rate
Comparison rate
Details
Maximum LVR
80%
Total repayments
Interest rate type
Fixed - 3 years
Borrowing range
$150k - $2m
Suitable for
Owner Occupiers
Loan term range
1 - 30 years
Repayment type
Principal and Interest
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Fortnightly, Monthly
Target Market Determination
Visit ING to view Target Market Determination.
Features
Extra repayments
Allowed with restrictions
Redraw facility
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
$499 application fee waived when loan is split
Fees
Total estimated upfront fees
$299
Application fee
$0
Legal fee
$0
Valuation fee
$0
Settlement fee
$299
Other upfront fee
$0
Ongoing fee
$299
Discharge fee
$250
RateCity says
"Fix your repayments for three years while enjoying access to a 100% offset account."
Pros and Cons
For Fixed Rate Loan (w/Orange Advantage)
Benefits
- Interest rates ranked in the best 20%
- 100% full offset account
- Parents can sign as guarantor
- Split account option
Drawbacks
- Limited extra repayments
- No redraw facility
- Loan reverts to higher rate after fixed period
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
