You could pay off your home loan sooner with our low rates
What is Loan-to-Value Ratio (LVR)?
The ratio of the value of a property to the relevant loan amount, as a percentage.
Used by lenders when determining how much you can borrow, and whether lenders mortgage insurance is needed. LVR is calculated by dividing the loan amount by the value of the property. So if you borrow $800,000 for a home valued at $1,000,000, the LVR would be 80%.
What is Lenders Mortgage Insurance (LMI)?
It is designed to protect the lender (not the borrower) incase the borrower can't repay off their loan. It's normally required when a loan amount is more than 80% of the property's valuation.
Principal + Interest- Minimum total borrowings $150,000
Interest Only - Minimum total borrowings $150,000
The
variable rates above include a discount that is applied to the
relevant reference
rate. These variable rates are only available for new
property and borrowings with ING.
All rates and information are correct at time of
publication and are subject to change.
Comparison rate: The comparison rate is based
on a loan amount of $150,000 over a loan term of 25 years.
WARNING: This comparison rate is true only for
the example given and may not include all fees and charges.
Different terms, fees or other loan amounts might result in a
different comparison rate.
Total
borrowings: Includes the total amount borrowed per
application.
Principal + Interest- Minimum total borrowings $150,000
Interest Only - Minimum total borrowings $150,000
The
variable rates above include a discount that is applied to the
relevant reference
rate. These variable rates are only available for new
property and borrowings with ING.
All rates and information are correct at time of
publication and are subject to change.
Comparison rate: The comparison rate is based
on a loan amount of $150,000 over a loan term of 25 years.
WARNING: This comparison rate is true only for
the example given and may not include all fees and charges.
Different terms, fees or other loan amounts might result in a
different comparison rate.
Total
borrowings: Includes the total amount borrowed per
application.
