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Mortgage Simplifier

Mortgage Simplifier

do your thing

do your thing

Why apply for a Mortgage Simplifier?

  • Unlimited additional repayments
  • Low variable interest rate without fees.
  • Pay off your home loan and save at the same time with
  • Everyday Round Up
  • Get started

The home loan complete with no monthly or annual fees

A low variable interest rate home loan with no ongoing monthly or annual fees.

Features

Why apply for a Mortgage Simplifier?

  • Your money, your way

    Make extra repayments for free, redraw your money, pay bills with available funds via BPAY® and more.

  • Pay no ongoing fees

    With no monthly, annual or transaction fees, you could pay off your loan faster.

  • Everyday round up for home loans

    Round up eligible Orange Everyday card purchases to the nearest $1 or $5, and the difference goes straight from your Orange Everyday to pay down on your Mortgage Simplifier or Orange Advantage home loan.

  • Save on the everyday

    Just add Orange Everyday to your home loan, and you could save on fees with 1% cashback on eligible utility bills (T&Cs apply) and $0 ING international transaction fees when you shop online and overseas.

Find out how much you could borrow. In only two minutes you could have an obligation-free indication of your borrowing power.
Start your application online or call us on 1800 100 258, 8am-8pm Mon-Fri and 9am-5pm Sat (AEST/AEDT).
Rates and fees

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.

Owner Occupiers
LVR Tier (including any LMI applicable)
Interest rate
Comparison rate

Principal + Interest- Minimum total borrowings $150,000

LVR is 60% or less

LVR is 60.01% to 70%

LVR is 70.01% to 80%

LVR is 80.01% to 90%

LVR is 90.01% to 95%

Interest Only - Minimum total borrowings $150,000

LVR is 60% or less

LVR is 60.01% to 70%

LVR is 70.01% to 80%

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.

Investors

Fees and charges

Pay no monthly, annual or ongoing transaction fees.

Find out how much you could borrow. In only two minutes you could have an obligation-free indication of your borrowing power.
Start your application online or call us on 1800 100 258, 8am-8pm Mon-Fri and 9am-5pm Sat (AEST/AEDT).
How to apply

How to apply for a home loan

1. Starting out

It only takes 10 minutes to get started online, or you can call 1800 100 258 to speak with a home loan specialist.

2. Staying informed

As your application progresses, we keep you updated via online tracking, SMS and email.

3. Getting a hand

For questions and help, our home loan specialists are here for you from application to settlement.

Find out how much you could borrow. In only two minutes you could have an obligation-free indication of your borrowing power.
Start your application online or call us on 1800 100 258, 8am-8pm Mon-Fri and 9am-5pm Sat (AEST/AEDT).
Tools and calculators
Why set up house with ING

Why should I get a home loan with ING?

Australia's most recommended bank

Proudly and continuously ranked as Australia's most recommended bank.

Save on the everyday

Just add Orange Everyday to your home loan, and you could save on fees with 1% cashback on eligible utility bills (T&Cs apply) and $0 ING international transaction fees when you shop online and overseas.

ING Everyday Round Upfor home loans

Round up eligible Orange Everyday card purchases to the nearest $1 or $5, and the difference goes straight from your Orange Everyday to pay down on your Mortgage Simplifier or Orange Advantage home loan.

Home & Contents insurance

Breathe easier and save 30% on your first year’s premium when you purchase a combined Home and Contents Insurance policy online. T&Cs apply - see disclaimer.

FAQs

Got a question about Mortgage Simplifier?

Chances are, you'll find the answer in our FAQs.

Here are some of the more common questions we get asked:

Find out how much you could borrow. In only two minutes you could have an obligation-free indication of your borrowing power.
Start your application online or call us on 1800 100 258, 8am-8pm Mon-Fri and 9am-5pm Sat (AEST/AEDT).