More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/ING.png
Comparison Rate
5.65
Name
2 Year Fixed Investment P&I
Lender
ING
Product Name
2 Year Fixed
Product Details
Extra repayments - up to $10k per 12 month period from settlement permitted without break costs. Max LVR 80% for I/O (up to 5 yrs). Refinance max LVR 80%.
Variable Rate
5.25
Fixed Rate
4.19
Fixed Period
24
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
250
Ongoing Fees
Valuation Fees
0
Lenders Legal Fees
299
Lenders Settlement Fees
0
Minimum Loan Amount
50000
Max Loan Amount
3000000
Owner Occupied
N
Investment
Y
Repayment Option
Principal & Interest
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
N
Fixed
Y
Interest In Advance
N
Reverse Mortgage
N
Basic
N
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
N
Professional Pack
N
Minimum Loan Term (years)
2
Max Loan Term (years)
30
Rate Details
LVR based interest rates will apply upon expiry of the fixed rate when the loan reverts to Mortgage Simplifier. The LVR based interest rate a customer is eligible for is the one applicable at the time of applying for their loan.
Fee Details
Application fee ($499) waived. Valuation fee to $225 waived (additional valuation fee is payable above $225). Discharge fee is $250 plus legal costs.
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
N/A
Redraw Facility
N
Construction
N
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
N
Salary Direct Available
N
Portability
Y
Split Available
Y
Split Details
If applying for more than one loan a split fee of $100 for each additional loan is payable.