ING Home Loans & Rates Comparison

RATE OF THE DAY

Variable

5.74%

Comparison Rate*

5.77%

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ING’s best home loan rates

ING is a major online-only lender with a range of variable and fixed home loans that have minimal fees and beneficial features. Compare some of ING’s best variable and fixed home loan rates for owner occupiers and investors.

Lender

Variable

1-Year Fixed

2-Year Fixed

3-Year Fixed

4-Year Fixed

5-Year Fixed

5.74%

Interest Rate

5.77%

Comparison Rate

6.39%

Interest Rate

5.83%

Comparison Rate

6.29%

Interest Rate

5.88%

Comparison Rate

6.34%

Interest Rate

5.94%

Comparison Rate

6.44%

Interest Rate

6.02%

Comparison Rate

6.44%

Interest Rate

6.07%

Comparison Rate

Owner occupier loans with principal and interest repayments. Rates assume 70% LVR.

Lender

Variable

1-Year Fixed

2-Year Fixed

3-Year Fixed

4-Year Fixed

5-Year Fixed

5.89%

Interest Rate

5.92%

Comparison Rate

6.24%

Interest Rate

5.95%

Comparison Rate

6.24%

Interest Rate

5.99%

Comparison Rate

6.29%

Interest Rate

6.03%

Comparison Rate

6.44%

Interest Rate

6.12%

Comparison Rate

6.44%

Interest Rate

6.16%

Comparison Rate

Investment loans with principal and interest repayments. Rates assume 70% LVR.

ING variable home loan rates

ING has two variable rate home loans that offer different levels of inclusions and interest rates based on various loan-to-value ratio (LVR) tiers.

Mortgage Simplifier Home Loan

ING’s Mortgage Simplifier home loan offers low interest rates and no ongoing fees. There’s no offset facility, but borrowers can redraw extra repayments at no extra cost. Borrowers with an Orange Everyday card can opt in to round up eligible purchases with the difference going towards repaying their home loan.

Product	Interest rate	Comparison rate*	Max LVR
Mortgage Simplifier LVR of 60% or less	5.74% p.a.	5.77% p.a.	60%
Mortgage Simplifier LVR of 60.01% to 70%	5.74% p.a.	5.77% p.a.	70%
Mortgage Simplifier LVR of 70.01% to 80%	5.79% p.a.	5.82% p.a.	80%
Mortgage Simplifier LVR of 80.01% to 90%	5.99% p.a.	6.02% p.a.	90%
Mortgage Simplifier LVR of 90.01% to 95%	6.44% p.a.	6.47% p.a.	95%

The Mortgage Simplifier Home Loan has lower fees than ING’s other loans, with the only standard fee to consider being:

$350 settlement fee

Orange Advantage Home Loan

ING’s Orange Advantage Home Loan package is a more comprehensive variable rate loan option with better features. It includes a 100% offset facility and the ability to split with a fixed loan for a 0.10% discount on advertised fixed interest rates. ING’s everyday round up feature enables borrowers to pay the difference on eligible purchases made on a linked Orange Everyday bank account to go towards paying their home loan.

Product	Interest rate	Comparison rate*	Max LVR
Orange Advantage LVR of up to 80%	5.89% p.a.	6.18% p.a.	80%
Orange Advantage LVR of 80.01% to 90%	6.09% p.a.	6.38% p.a.	90%
Orange Advantage LVR of 90.01% to 95%	6.44% p.a.	6.73% p.a.	95%

The main fees for ING’s Orange Advantage Home Loan include:

$299 annual fee
$350 settlement fee

ING’s fixed home loan rates

ING’s fixed rate home loan has no ongoing fees and it’s free to make additional repayments up to $10,000 per year. It can be split with an Orange Advantage variable rate home loan for a 0.10% discount on the advertised fixed rates. It offers fixed durations up to five years with LVR bands up to 95%.

Fixed Rate Home Loan

Duration	LVR	Interest rate	Comparison rate*
1 year fixed rate	70%	6.39% p.a.	5.83% p.a.
1 year fixed rate	80%	6.39% p.a.	5.88% p.a.
1 year fixed rate	90%	6.49% p.a.	6.07% p.a.
1 year fixed rate	95%	6.59% p.a.	6.48% p.a.
2 year fixed rate	70%	6.29% p.a.	5.88% p.a.
2 year fixed rate	80%	6.29% p.a.	5.92% p.a.
2 year fixed rate	90%	6.39% p.a.	6.10% p.a.
2 year fixed rate	95%	6.49% p.a.	6.48% p.a.
3 year fixed rate	70%	6.34% p.a.	5.94% p.a.
3 year fixed rate	80%	6.34% p.a.	5.97% p.a.
3 year fixed rate	90%	6.44% p.a.	6.15% p.a.
3 year fixed rate	95%	6.54% p.a.	6.50% p.a.
4 year fixed rate	70%	6.44% p.a.	6.02% p.a.
4 year fixed rate	80%	6.44% p.a.	6.05% p.a.
4 year fixed rate	90%	6.54% p.a.	6.22% p.a.
4 year fixed rate	95%	6.64% p.a.	6.54% p.a.
5 year fixed rate	70%	6.44% p.a.	6.07% p.a.
5 year fixed rate	80%	6.44% p.a.	6.10% p.a.
5 year fixed rate	90%	6.54% p.a.	6.26% p.a.
5 year fixed rate	95%	6.64% p.a.	6.56% p.a.

The fees on ING’s fixed rate home loan are:

$350 settlement fee
$749 fixed rate lock in fee

ING’s variable investment home loan rates

ING offers the same two variable rate home loans, the Mortgage Simplifier and Orange Advantage, for borrowers with an investment property.

Mortgage Simplifier Home Loan - investment

Product	Interest rate	Comparison rate*	Max LVR
Mortgage Simplifier LVR of 60% or less	5.89% p.a.	5.92% p.a.	60%
Mortgage Simplifier LVR of 60.01% to 70%	5.89% p.a.	5.92% p.a.	70%
Mortgage Simplifier LVR of 70.01% to 80%	5.94% p.a.	5.97% p.a.	80%
Mortgage Simplifier LVR of 80.01% to 90%	6.24% p.a.	6.27% p.a.	90%

Orange Advantage Home Loan - investment

Product	Interest rate	Comparison rate*	Max LVR
Orange Advantage LVR of 60% or less	6.04% p.a.	6.33% p.a.	60%
Orange Advantage LVR of 60.01% to 70%	6.04% p.a.	6.33% p.a.	70%
Orange Advantage LVR of 70.01% to 80%	6.04% p.a.	6.33% p.a.	80%
Orange Advantage LVR of 80.01% to 90%	6.34% p.a.	6.63% p.a.	90%

ING’s fixed investment home loan rates

Fixed Rate Home Loan - investment

Duration	LVR	Interest rate	Comparison rate*
1 year fixed rate	70%	6.24% p.a.	5.95% p.a.
1 year fixed rate	80%	6.24% p.a.	6.00% p.a.
1 year fixed rate	90%	6.34% p.a.	6.28% p.a.
2 year fixed rate	70%	6.24% p.a.	5.99% p.a.
2 year fixed rate	80%	6.24% p.a.	6.03% p.a.
2 year fixed rate	90%	6.34% p.a.	6.29% p.a.
3 year fixed rate	70%	6.29% p.a.	6.03% p.a.
3 year fixed rate	80%	6.29% p.a.	6.07% p.a.
3 year fixed rate	90%	6.39% p.a.	6.31% p.a.
4 year fixed rate	70%	6.44% p.a.	6.12% p.a.
4 year fixed rate	80%	6.44% p.a.	6.15% p.a.
4 year fixed rate	90%	6.54% p.a.	6.38% p.a.
5 year fixed rate	70%	6.44% p.a.	6.16% p.a.
5 year fixed rate	80%	6.44% p.a.	6.19% p.a.
5 year fixed rate	90%	6.54% p.a.	6.40% p.a.

ING’s variable interest-only home loan rates for owner occupier

ING has interest-only rates available on the same suite of variable and fixed rate loans. It enables borrowers to only pay the interest on their home loan for up to five years for owner-occupiers or ten years for investors, before the principal amount is added into repayments.

Mortgage Simplifier Home Loan - interest-only

Product	Interest rate	Comparison rate*	Max LVR
Mortgage Simplifier LVR of 60% or less	6.19% p.a.	5.96% p.a.	60%
Mortgage Simplifier LVR of 60.01% to 70%	6.19% p.a.	5.96% p.a.	70%
Mortgage Simplifier LVR of 70.01% to 80%	6.19% p.a.	5.98% p.a.	80%

Orange Advantage Home Loan - interest-only

Product	Interest rate	Comparison rate*	Max LVR
Orange Advantage LVR of 60% or less	6.44% p.a.	6.39% p.a.	60%
Orange Advantage LVR of 60.01% to 70%	6.44% p.a.	6.39% p.a.	70%
Orange Advantage LVR of 70.01% to 80%	6.44% p.a.	6.39% p.a.	80%

ING’s fixed interest-only home loan rates for owner occupiers

Fixed Rate Home Loan - interest-only

Duration	LVR	Interest rate	Comparison rate*
1 year fixed rate	70%	6.44% p.a.	5.84% p.a.
1 year fixed rate	80%	6.44% p.a.	5.88% p.a.
2 year fixed rate	70%	6.39% p.a.	5.89% p.a.
2 year fixed rate	80%	6.39% p.a.	5.93% p.a.
3 year fixed rate	70%	6.54% p.a.	5.99% p.a.
3 year fixed rate	80%	6.54% p.a.	6.02% p.a.
4 year fixed rate	70%	6.74% p.a.	6.12% p.a.
4 year fixed rate	80%	6.74% p.a.	6.15% p.a.
5 year fixed rate	70%	6.74% p.a.	6.19% p.a.
5 year fixed rate	80%	6.74% p.a.	6.22% p.a.

ING’s variable interest-only home loan rates for investors

Mortgage Simplifier Home Loan - investment (interest-only)

Product	Interest rate	Comparison rate*	Max LVR
Mortgage Simplifier LVR of 60% or less	6.09% p.a.	6.00% p.a.	60%
Mortgage Simplifier LVR of 60.01% to 70%	6.09% p.a.	6.00% p.a.	70%
Mortgage Simplifier LVR of 70.01% to 80%	6.09% p.a.	6.03% p.a.	80%
Mortgage Simplifier LVR of 80.01% to 90%	6.39% p.a.	6.33% p.a.	90%

Orange Advantage Home Loan - investment (interest-only)

Product	Interest rate	Comparison rate*	Max LVR
Orange Advantage LVR of 60% or less	6.19% p.a.	6.37% p.a.	60%
Orange Advantage LVR of 60.01% to 70%	6.19% p.a.	6.37% p.a.	70%
Orange Advantage LVR of 70.01% to 80%	6.19% p.a.	6.37% p.a.	80%
Orange Advantage LVR of 80.01% to 90%	6.54% p.a.	6.69% p.a.	90%

ING’s fixed interest-only home loan rates for investors

Fixed Rate Home Loan - investment (interest-only)

Duration	LVR	Interest rate	Comparison rate*
1 year fixed rate	70%	6.29% p.a.	5.96% p.a.
1 year fixed rate	80%	6.29% p.a.	6.00% p.a.
1 year fixed rate	90%	6.39% p.a.	6.28% p.a.
2 year fixed rate	70%	6.24% p.a.	5.98% p.a.
2 year fixed rate	80%	6.24% p.a.	6.03% p.a.
2 year fixed rate	90%	6.34% p.a.	6.29% p.a.
3 year fixed rate	70%	6.39% p.a.	6.06% p.a.
3 year fixed rate	80%	6.39% p.a.	6.09% p.a.
3 year fixed rate	90%	6.49% p.a.	6.34% p.a.
4 year fixed rate	70%	6.59% p.a.	6.16% p.a.
4 year fixed rate	80%	6.59% p.a.	6.20% p.a.
4 year fixed rate	90%	6.69% p.a.	6.43% p.a.
5 year fixed rate	70%	6.59% p.a.	6.21% p.a.
5 year fixed rate	80%	6.59% p.a.	6.24% p.a.
5 year fixed rate	90%	6.69% p.a.	6.46% p.a.

How competitive are ING’s home loan rates?

ING offers fairly competitive rates for its home loans, especially on its variable rate Mortgage Simplifier loan which generally has sharper interest rates than similar products in the market.

As for its fixed home loan rates, ING is pretty much on par with other lenders. Its fixed rates for investment properties are a bit more competitive than its owner-occupier loans. It's possible that they’re trying to attract more borrowers into the niche investor market for its home loans, an area it has been relatively weak in traditionally

While ING’s rates are decent value compared to other lenders, it's still worthwhile looking at other options to ensure that you're getting the most suitable home loan for your situation.

Compare ING’s home loan rates to other non-major lenders:

What are ING’s lowest home loan rates?

The lowest interest rate currently available at ING is seen in its Mortgage Simplifier variable rate home loan for both its 60% and 70% LVR bands.

If you’re wanting to compare fixed rate home loans, ING’s one and two year term investor loans at an LVR band of 70% or 80% are its lowest fixed rate products. The owner-occupier's fixed home loan will have a slightly higher fixed rate, but is at its lowest for the two-year duration at an LVR of 70% or 80%.

Shopping home loan rates beyond the big banks?

Non-major banks

Think ING, HSBC, Bendigo, Suncorp Bank etc. In terms of products and processes, these will be very similar to the big 4 banks who lead the trends in banking in Australia. But non-major banks often have lower rates and special offers (e.g. refinance cashback) in order to be competitive versus the bigger lenders. The non-major banks are still well-known brands with high-quality online tools systems.

Customer-owned

There are dozens of small member-owned banks and credit unions in Australia. Many are focussed on customers in a particular regional area, or even workers in a certain profession. These lenders often have the lowest rates in the market and personalised customer service, but the eligibility criteria may be more limited and the application process can be slow.

Non-bank lenders

Australian borrowers also have plenty of choice among non-bank home loan providers. Some are mainstream lenders (often online only) offering loans to your typical home loan borrowers. Others specialise in offering loans to cater for specific borrowers and scenarios, such as self-employed borrowers, bad credit borrowers or SMSF loans.

ING home loan FAQs

Should I get my home loan from ING?

ING was established in Australia in 1999 as a subsidiary of the multinational Dutch ING Group. As the nation’s first direct bank, it still continues to operate almost entirely online.

ING is a considerable challenger to the big 4 banks (ANZ, Commbank, NAB and Westpac) for both its lending and everyday banking. It's also one of the top ten biggest mortgage lenders in Australia, according to the Australian Prudential Regulation Authority (APRA).

It offers competitive rates and the features most borrowers will expect from their loan, but whether an ING home loan is the right choice for you will depend on your circumstances. Another lender may offer better rates, but if you're after a well-established lender that’s widely trusted, then ING could be suitable.

Having a quick chat with a mortgage broker could help to minimise any uncertainty about which home loan option is the best for you. A broker can compare ING’s products with other lenders based on rates, fees, features as well as what they’re service is like to deal with when applying and managing your loan.

Is ING increasing its home loan rates in 2026?

Yes, alongside most other home loan lenders in Australia, ING has increased its interest rates in 2026 in line with the Reserve Bank Australia’s cash rate hikes. Expert predictions from some of the nation’s major banks suggest further rate increases could be on the cards , depending on global developments.

If it's been a while since you last compared your rate, it could be worth checking to see if there’s a better home loan rate elsewhere.

What’s the best ING home loan?

There’s no one-size-fits-all home loan product, so in order to find the best option for your situation it's important to weigh up the features with the cost. The lowest rate currently available from ING is seen in its Mortgage Simplifier variable home loan with either an LVR of 60% or 70%. It also has some features many borrowers will value, like no ongoing fees, free extra repayments, and the ability to round up eligible purchases made on an Orange Everyday card to pay off the loan a bit faster.

How do I apply for an ING home loan?

Applying for an ING home loan starts with the ten minute online application form which will require information about your residency and ID verification. Once that is completed, an ING home loan specialist will call to confirm details and complete the rest of the application over the phone. The specialist will provide regular updates via SMS or email about the application up until settlement, otherwise you can track it online.

Does ING offer home loans as part of the Home Guarantee Scheme?

No, ING is not currently a participating lender in the Australian Government’s 5% Deposit Scheme. If you are a first home buyer looking to take advantage of this initiative it’s worthwhile perusing the government’s first home buyers website for suitable lenders.

Can I get an offset account on an ING home loan?

Yes, ING does have a 100% interest offset available on its Orange Advantage variable rate home loan. In order to access the offset facility, borrowers must have the account linked to ING’s Orange Everyday bank account.

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