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ING

Mortgage Simplifier

Advertised Rate

4.00

% p.a

Variable

Comparison Rate*

4.02

% p.a

Maximum LVR
80%
Real Time Rating™

1.04

/ 5
Monthly Repayment

$1,584

based on $300,000 loan amount for 25 years at 4.00%

Advertised Rate

4.00

% p.a

Variable

Comparison Rate*

4.02

% p.a

Maximum LVR
80%
Real Time Rating™

1.04

/ 5
Monthly Repayment

$1,584

based on $300,000 loan amount for 25 years at 4.00%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,584

based on $300,000 loan amount for 25 years at 4.00%

ING home loans are available through brokers who can help find the right loan and manage your application at no charge.

Collins Mayaki

4.9
177 Reviews

Get expert advice from a home loans specialist.

I pride myself on building long term relationships with my clients. I’ve been in the industry for over 14 solid years with a combined 30 years experience within our firm (Wealthy You). this gives clients that extra peace of mind knowing we’ve been around for a long time. We’ve worked on hundreds of applications. There isn’t a scenario we haven’t come across. We hold your hands from start to finish. As far as our company Wealthy You goes, with 30 years finance experience, we’ve got team members specialised In multiple areas within finance, for example: SMSF Loan, Construction Loans, Reverse Mortgage, Development Loans, Business Loans, Car Loan, Home Loan/Refinance/Purchasing And much much more. We go through every single file to make sure it will get approved before submission because we’ve got brokers within the team that worked with the banks for many years as people that APPROVED and DECLINED files.

Response time: in an hour | Our brokers call during business hours between 9.00am to 6.00pm.

Anshuman Lukka

5.0
33 Reviews

Get expert advice from a home loans specialist.

We are an independent accounting and financial consultancy firm focused on developing customised strategies designed to fit the needs of corporate and individual clients. We provide flexibility and expertise to support our clientele in multiple roles as well as providing access to our professional research and services. Our team consists of experienced accountants and advisers supported by a strong back office team to meet your finance needs on timely basis. Working with us, you will explore a range of options and services specifically designed to deliver you a strategic financial plan based solely on your objectives. We continue to work with you over the years to ensure that as your objectives and life-stages change, so does your strategy and your plan.

Response time: in 4 hours | Our brokers call during business hours between 9.00am to 6.00pm.

Bianca Dacic

5.0
51 Reviews

Get expert advice from a home loans specialist.

Loan-Savvy is committed to helping you find the right financial solution. Whether you are looking to purchase your first home, expand your investment portfolio or refinance your existing mortgage. We are a qualified Finance Brokerage, located in the Caroline Springs area of Victoria. Possessing industry experience, knowledge and contacts, to help you secure the right loan for your circumstance. Loan-Savvy is dedicated to your financial goals and always has your best interest in mind. We will take the time to understand your goals and assist with structuring a loan appropriately inline with your financial goals. We takes the stress out of the process and allow you to focus on the important things in life. Loan-Savvy facilitates all the available options, allowing you to make an informed decision in choosing the correct lending product.

Response time: in 31 minutes | Our brokers call during business hours between 9.00am to 6.00pm.

Quick home loan review

For Mortgage Simplifier Investment Loan (Principal and Interest) (Amounts < $150k)

These are the benefits of this home loan.

  • No ongoing fees
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • No offset account
  • Higher than average interest rate
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Mortgage Simplifier Investment Loan (Principal and Interest) (Amounts < $150k)

TMD

Details

Maximum LVR

80%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Investors

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Fortnightly, Monthly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Redraw fee: $0

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

299

Application fee

0

Valuation fee

$0

Settlement fee

299

Other upfront fee

0

Ongoing fee

$0

Discharge fee

250

Application method

Online

Phone

In branch

Specials
  • Cashback $3000 refinance cashback
    The Application must include the refinance of an existing home loan from another lender and be for a total loan amount of at least $500,000. This refinance amount of $500,000 excludes refinances of existing ING loans. The new ING Home Loan must have a loan to value ratio (LVR) of 80% or less; The new ING Home Loan must settle on or before 31 March 2022; and An active ING Orange Everyday transaction account must be held in the same name(s) as the new ING Home Loan at the time that the cashback is paid (which will occur within 70 days after settlement). T&Cs apply.

Target Market Determination

Visit ING to view Target Market Determination.

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ING is available through brokers

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $50k to $150k.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

ING allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

ING allows you to make repayments to this loan option through one of the following repayment schedules: fortnightly, monthly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $299 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

Where can you apply for this loan?

ING makes it possible to apply for this product online. Apply here.

Can a broker help me with this loan?

Yes, this ING loan is available through a broker. Find a broker to help you with your needs.