More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/ING.png
Comparison Rate
3.21
Name
Mortgage Simplifier $150k - $500k (<80% LVR) Owner Occupied P&I
Lender
ING
Product Name
Mortgage Simplifier P&I
Product Details
Low priced variable rate Home Loan. Max base LVR is 95% for O/O purchase (inclusive of LMI) P&I only. Max LVR 80% for I/O (up to 5 yrs). Refinance max LVR 80%.
Variable Rate
3.18
Fixed Rate
Fixed Period
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
150000
Max Loan Amount
499999
Owner Occupied
Y
Investment
N
Repayment Option
Principal & Interest
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
Y
Fixed
N
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)
1
Max Loan Term (years)
30
Rate Details
Rate available for new loans with new to bank security. Min $150k. Owner Occupied purchase and refinance - max LVR 80%.
Fee Details
LVR without LMI up to 80%. Discharge fee is $250 plus legal costs.
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
Fee: $Nil No Minimum redraw
Redraw Facility
Y
Construction
N
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
N
Salary Direct Available
Y
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.