[[lvrMessage]]
[[tooltipBonusText]]
[[tooltipRegularOvertimeText]]
[[tooltipCommissionText]]
[[plTooltipOtherIncomeText]]
[[importantInfo]]
[[plCardText]]
If you know your total expenses:
The estimated repayment amount gives an indication of the loan repayments for the stated frequency based on the loan parameters displayed (including loan amount, interest rate, repayment type and loan term). Rates provided assume that the loan to value ratio (LVR) is less than 80%. If you are borrowing more than 80% of the property value different interest rates may apply.
All months are assumed to be of equal length. In reality, many loans accrue interest on a daily basis which means monthly interest charges may vary depending on the number of days in the particular month.
One year is assumed to contain exactly 52 weeks or 26 fortnights. This implicitly assumes that a year has 364 days rather than the actual 365 or 366.
In practice, repayments are rounded to at least the nearer cent. However the calculator uses the unrounded repayment to derive the amount of interest payable and in total over the full term of the loan. This assumption allows for equal repayment amounts.
Note: The results are an approximate guide and should not be used as exact values for financial planning purposes. The results do not constitute an offer to provide credit and do not imply that credit is available. The formulae used within this calculator may change at any time without notice. Applications are subject to ING's usual credit assessment. Fees and charges apply.
Thanks for letting us know where you're at in your home buying journey.
Our Home Loan Specialist will be in touch with you in the next 2 business days to help get you on the home stretch.
Got questions? Want options, fast? Call us on 1800 267 809
Exciting times are ahead. We look forward to being there for you until you hit the home stretch. In the meantime, some useful hints and tips are on their way.
Questions? Call us on 1800 267 809