Residential Mortgages
Interest Rates
Below you can find the current interest rates for our residential loans, effective from 11 May 2012.
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SmartPack Promotion
| Product | Interest Rate | Comparison Rate |
|---|---|---|
| SmartPack Mortgage Simplifier | 6.26% p.a. | 6.30% p.a. |
| SmartPack Smart Home Loan | 6.42% p.a. | 6.57% p.a. |
Conditions apply. Click here for more information.
Interest Rates
| Product | Interest Rate | Comparison Rate NSW, VIC, QLD |
Comparison Rate All Other States |
|---|---|---|---|
| Orange Advantage ($500,000+)* | 6.19% p.a. | 6.37% p.a. | 6.37% p.a. |
| Orange Advantage ($300,000 - $499,999)* | 6.29% p.a. | 6.47% p.a. | 6.47% p.a. |
| Orange Advantage (<$300,000)* | 6.54% p.a. | 6.71% p.a. | 6.71% p.a. |
| Mortgage Simplifier** | 6.42% p.a. |
6.42% p.a. |
6.42% p.a. |
| Smart Home Loan** | 7.02% p.a. |
7.14% p.a. |
7.14% p.a. |
| Construction Loan | 6.42% p.a. |
6.42% p.a. |
6.42% p.a. |
| Action Equity Loan | 7.02% p.a. |
7.02% p.a. |
7.02% p.a. |
| 1 Year Fixed Rate | 5.89% p.a. |
6.40% p.a. |
6.39% p.a. |
| 2 Year Fixed Rate | 5.89% p.a. |
6.35% p.a. |
6.34% p.a. |
| 3 Year Fixed Rate | 5.99% p.a. |
6.34% p.a. |
6.32% p.a. |
| 4 Year Fixed Rate | 6.59% p.a. |
6.52% p.a. |
6.51% p.a. |
| 5 Year Fixed Rate | 6.79% p.a. |
6.62% p.a. |
6.61% p.a. |
SmartPack Interest Rates
| Product | Interest Rate | Comparison Rate |
|---|---|---|
| SmartPack Mortgage Simplifier** | 6.36% p.a. | 6.41% p.a. |
| SmartPack Smart Home Loan** | 6.52% p.a. | 6.68% p.a. |
*Refers to total residential ING DIRECT borrowings
** Interest rate discounts under SmartPack available when borrowing $300,000 or more in aggregate, excluding commercial loans. 0.06% p.a. off the Mortgage Simplifier rate and 0.50% p.a. off the Smart Home Loan rate. SmartPack fee applies.
These comparison rates apply only to the examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates assume an amount of credit of $150,000 and a 25-year term for which credit is provided.
Interest rates apply to residential home loans and investment loans. Where a fixed interest rate applies, the interest rate will be set on the settlement date for the loan. All interest rates quotes above are indicative only. Fees and charges apply. ING DIRECT reserves the right to amend published rates and the terms and conditions applying to its products and services at anytime without prior notice. Further information regarding fees, terms and conditions are available from the ING DIRECT Customer Service Centre, 133 464, 24 hours a day, 7 days a week. Comparison rate schedules are available on the Introducer website or from the ING DIRECT Customer Service Centre.
