Fixed Rate Investment Loan (Principal and Interest) 3 Years
- Last updated on 26 May 2020
Discount Variable Home Loan
Make the move to UBank's award winning home loan
Advertised Rate
2.59%
Variable
Comparison Rate*
2.59%
Owner Occupier Discounted Variable Rate
No upfront or ongoing feesExtra repayments + redraw services
View NowPromotedUBank terms and conditions
Advertised Rate
2.69%
Fixed - 3 years
Comparison Rate*
4.25%
Maximum LVR
80%
Monthly Repayment
$1,013
based on $300,000 loan amount for 25 years
Pros and Cons
Pros
- No ongoing fees
- Parents can sign as guarantor
- Repayments will not change during fixed period
Cons
- Limited extra repayments
- No redraw and no offset
- Discharge fee at end of loan
- Repayments won't decrease if RBA cuts rates
ING Fees and Features
Maximum LVR 80% | Interest rate structure Fixed - 3 years |
Borrowing range $50k - $2m | Total Repayments $364,680 |
Principal & interest | Interest only |
Loan term range 1 - 30 years | Offset account No |
Extra repayments Allowed with restrictions | Redraw facility |
Allows split interest | Suitable For Investors |
Applicable States ACT, NSW, NT, QLD, SA, TAS, VIC, WA | |
Estimated upfront fees $798 | Application fee $499 |
Settlement fee $299 | Valuation fee $0 |
Legal fee $0 | Ongoing fee $0 |
Discharge fee $250 | Property Type |
SMSF Trustee | Minimum SMSF Amount |
Compare and review home loans with similar features
ING Australia is owned by ING Group, a multinational bank that is headquartered in Holland. ING has held an Australian banking licence since 1999, and has more than 1,000 staff and 1.5 million customers.
ING’s Australian corporate head office is in Sydney, although the bank doesn’t have any branches. Instead, customers interact with the bank by phone, by email or over the internet.
Borrowers can apply for an ING home loan online or over the phone.
