ING Bank lifted its variable home-loan rates by 0.25 percentage points from 9 October 2026, Ratesniffers records. Every lender's date is in the RBA rate pass-through tracker.
Tracked products
198
Variable product example
—
Check the product rates and conditions in the table. A verified example for this loan scenario is unavailable.
Fixed product example
6.74%
A verified ING Bank (Australia) Ltd product example is 3 Year Fixed >$150k 70% - 80% LVR Owner Occupied split with Orange Advantage P&I: 6.74% p.a. (6.80% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
Fixed example comparison
6.80%
A verified ING Bank (Australia) Ltd product example is 3 Year Fixed >$150k 70% - 80% LVR Owner Occupied split with Orange Advantage P&I: 6.74% p.a. (6.80% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
Last updated
1 November 2026
ING is the Australian arm of the Dutch ING Group, an online-first bank serving over a million Australians. Its Orange Advantage variable home loan is the headline product, with 100% offset and redraw bundled, no monthly account fee, and competitive pricing relative to the Big Four. ING typically prices owner-occupier loans more sharply than investor loans.
What are ING Bank (Australia) Ltd home loan rates?
Ratesniffers compares ING Bank (Australia) Ltd home loan products by comparison rate. A verified ING Bank (Australia) Ltd product example is 3 Year Fixed >$150k 70% - 80% LVR Owner Occupied split with Orange Advantage P&I: 6.74% p.a. (6.80% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. Compare ING Bank (Australia) Ltd against the wider market on home loan rates, check the comparison rate used to rank the table, or model extra payments with the extra repayments calculator.
What is the lowest ING Bank (Australia) Ltd home loan rate?
A verified ING Bank (Australia) Ltd product example is 3 Year Fixed >$150k 70% - 80% LVR Owner Occupied split with Orange Advantage P&I: 6.74% p.a. (6.80% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. These selected examples do not establish the lowest rate across every product or borrower scenario.
How many home loan products does ING Bank (Australia) Ltd offer?
Ratesniffers currently tracks 198 ING Bank (Australia) Ltd home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 12 that pass our data-quality checks on this page. Every rate is ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest products sit at the top.
Comparing ING's Orange Advantage and offset options? Check the wider guide to offset home loans before weighing ING's live home loan rates against other lenders.
ING Bank (Australia) Ltd home loan rates at a glance
Product type
Rate
Comparison rate
Max LVR
Fixed 5-year Owner-occupier interest-only
7.19% p.a.
n/a
70%
Fixed 5-year Owner-occupier interest-only
7.19% p.a.
n/a
80%
Fixed 4-year Owner-occupier interest-only
7.19% p.a.
n/a
70%
Fixed 4-year Owner-occupier interest-only
7.19% p.a.
n/a
80%
Fixed 4-year Owner-occupier P&I
7.04% p.a.
7.22% p.a.
95%
Fixed 5-year Owner-occupier P&I
7.04% p.a.
7.23% p.a.
95%
Fixed 4-year Investor interest-only
7.24% p.a.
n/a
90%
Fixed 5-year Investor interest-only
7.24% p.a.
n/a
90%
Fixed 4-year Owner-occupier interest-only
7.29% p.a.
n/a
70%
Fixed 4-year Owner-occupier interest-only
7.29% p.a.
n/a
80%
Fixed 5-year Owner-occupier interest-only
7.29% p.a.
n/a
70%
Fixed 5-year Owner-occupier interest-only
7.29% p.a.
n/a
80%
12 of 198 tracked ING Bank (Australia) Ltd home loan products
ING Bank (Australia) Ltd5 Year Fixed >$150k <70% LVR Owner Occupied split with Orange Advantage IO
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
ING Bank (Australia) Ltd5 Year Fixed >$150k 70% - 80% LVR Owner Occupied split with Orange Advantage IO
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
ING Bank (Australia) Ltd4 Year Fixed >$150k <70% LVR Owner Occupied split with Orange Advantage IO
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
ING Bank (Australia) Ltd4 Year Fixed >$150k 70% - 80% LVR Owner Occupied split with Orange Advantage IO
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
ING Bank (Australia) Ltd4 Year Fixed >$150k >90% LVR Owner Occupied split with Orange Advantage P&I
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
Average monthly interest assuming that balance and rate stay unchanged, excluding fees and offsets. Amounts can vary by month because lenders may calculate interest daily; later repayments may differ.
*Important Information and Comparison Rate Warning
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
Who is ING Bank (Australia) Ltd?
ING is Australia's original branchless bank, operating digital-only since it launched here as ING Direct in 1999, and is part of the global Dutch ING Group. It serves more than 2 million Australian customers with no branch network and no ATM fleet of its own.
Because it carries no branch costs, ING has built its reputation on sharp home-loan pricing and simple products, with its Orange Advantage and Mirror fixed loans among the most compared products in the market.
Who suits a ING Bank (Australia) Ltd home loan?
ING tends to suit borrowers comfortable doing everything digitally who want consistently sharp pricing without paying for a branch network they never use, and specifically owner-occupiers paying principal and interest with a deposit of 20% or more, which is the gate on its no-annual-fee Mortgage Simplifier. Borrowers who want an offset take the Orange Advantage instead and pay an annual fee for it. Its variable rates regularly sit near the top of our leaderboard, so check the live table above to see where it prices today.
Background facts checked 5 September 2026. Rates above refresh independently.
ING Bank (Australia) Ltd home loan products explained
The line-up as published by ING Bank (Australia) Ltd, checked 5 September 2026. Today's rate for each product is in the table above.
Product
Who it is for
What to know
Mortgage Simplifier
Owner-occupiers paying principal and interest, borrowing $150,000 or more with a deposit of 20% or more.
No ongoing monthly or annual account-keeping fee, unlimited additional repayments and redraw. No offset account. ING advertises it against a loan-to-value ratio of 80% or less.
Orange Advantage
Borrowers who want a 100% offset facility and will use an ING everyday account.
100% interest offset, but only when the loan is linked to an ING Orange Everyday transaction account. Non-refundable $299 annual fee, no ongoing monthly fee and no variation fee, minimum total borrowing $150,000. ING lends to 95% of property value for owner-occupiers and 90% for investors, with lenders mortgage insurance where applicable.
Fixed Rate Loan
Borrowers who want repayment certainty for one to five years.
Fixed terms of one to five years. ING warns that break costs can apply on early repayment and on additional payments above $10,000 in a year.
ING publishes it with no upfront fees and no break fees. It funds eligible upgrades rather than the property purchase itself, so it sits alongside a home loan rather than replacing one.
ING Bank (Australia) Ltd fees, offset and limits at a glance
Application or establishment fee
Nil Application Fee for all products
Discharge fee
$250
Settlement fee
$350
Additional valuation fee
$225
Rate lock fee
Rate Lock In at Application for 90 days. A fee of $749 applies per Fixed Rate Loan account where an interest…
Loan portability
$250
Offset account
100%
Lenders mortgage insurer
Helia
Capitalising LMI
Max LVR is 95% for O/O (inc LMI) P&I only. Max LVR for Investment 90% (inc LMI).
Maximum total lending
Preferred max total exposure is $5M
Extra repayments on fixed
Yes, up to $10k pa
When the fixed rate is locked
Clients can request to lock-in the interest rate that is applicable at the time their Fixed Rate Loan is…
Checked 8 Oct 2026. Lender fees and policy change without notice, so confirm the detail with the lender before you apply.
ING Bank (Australia) Ltd home loan fees and policy
The Orange Advantage carries a non-refundable annual fee of $299. The Mortgage Simplifier has no ongoing monthly or annual account-keeping fee, which is the main trade for giving up the offset account.
The Orange Advantage offset works only while the loan is linked to an ING Orange Everyday transaction account, so the offset benefit is gated on holding and funding that account.
ING advertises the Mortgage Simplifier for owner-occupiers paying principal and interest, borrowing $150,000 or more at 80% of property value or less. Minimum total borrowing on the Orange Advantage is also $150,000.
ING states that lenders mortgage insurance is normally required when the loan is more than 80% of the property's valuation. It lends up to 95% for owner-occupiers and 90% for investors, with insurance where applicable.
On its fixed rate loan, break costs can apply on early repayment and on additional payments above $10,000 in a year.
ING Bank (Australia) Ltd home loans: frequently asked questions
What are ING Bank (Australia) Ltd home loan rates?
Ratesniffers compares ING Bank (Australia) Ltd home loan products by comparison rate. A verified ING Bank (Australia) Ltd product example is 3 Year Fixed >$150k 70% - 80% LVR Owner Occupied split with Orange Advantage P&I: 6.74% p.a. (6.80% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. Compare ING Bank (Australia) Ltd at /home-loans. The /guides/comparison-rate explains the fee-inclusive figure used to rank the table. To model extra payments, use /calculators/extra-repayment.
What is the lowest ING Bank (Australia) Ltd home loan rate?
A verified ING Bank (Australia) Ltd product example is 3 Year Fixed >$150k 70% - 80% LVR Owner Occupied split with Orange Advantage P&I: 6.74% p.a. (6.80% comparison rate), 36-month fixed, for an owner-occupier principal-and-interest loan at 80% LVR (listed LVR band 70% to 80%), as of 20 October 2026. This is a selected example, not every product or a personalised offer. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years. These selected examples do not establish the lowest rate across every product or borrower scenario.
How much do you need to earn for a $500,000 ING Bank (Australia) Ltd home loan?
There is no single salary requirement for a ING Bank (Australia) Ltd home loan. The lender assesses income, expenses, debts and repayment capacity. APRA's residential mortgage framework generally requires governed authorised deposit-taking institutions to apply a minimum 3 percentage point buffer above the payable interest rate, ignoring temporary introductory discounts, with prudent limited policy exceptions. This does not establish ING Bank (Australia) Ltd's actual assessment rate or approval criteria. Confirm the applicable lender policy and use /calculators/income-required for an illustrative estimate, not approval.
How does ING Bank (Australia) Ltd's home loan rate compare to the market?
Compare ING Bank (Australia) Ltd's product conditions and comparison rates with /home-loans. The available table does not establish a whole-market ranking or a personalised offer.
How many home loan products does ING Bank (Australia) Ltd offer?
Ratesniffers currently tracks 198 ING Bank (Australia) Ltd home loan products across variable, fixed and interest-only options for owner-occupiers and investors, and ranks the 12 that pass our data-quality checks on this page. Every rate is checked daily against each lender's current published pricing and ranked by comparison rate, the ASIC-mandated figure that folds in most fees, so the genuinely cheapest loans sit at the top.
Is ING Bank (Australia) Ltd competitive for refinancing?
Compare ING Bank (Australia) Ltd's available product conditions and total costs with your existing loan. A listed rate does not establish refinance eligibility. Allow for discharge, establishment and any fixed-loan early repayment costs, and confirm applicable lender terms before switching. Compare the table with /home-loans/refinance.
How often are ING Bank (Australia) Ltd's home loan rates updated?
Ratesniffers refreshes ING Bank (Australia) Ltd's home loan rates daily; this page was last updated 1 November 2026. Rates can change whenever ING Bank (Australia) Ltd reprices or the RBA moves the cash rate, so the figures shown reflect the most recent data we hold rather than a static snapshot.
Does ING charge a discharge fee or exit fee on its home loans?
Yes. ING charges $250 for a full or partial discharge on all its home loan products. A $300 variation fee applies when you increase or reduce the loan, switch products or change borrowers, except on Orange Advantage where variations are nil. Other charges include $7 for extra statements, $30 for a late payment and $9 for a rejected direct debit.
What is the minimum deposit for an ING home loan, and when is LMI payable?
ING says a 20% deposit is generally needed, but it may lend up to 95% of the purchase price. Borrowers need genuine savings of at least 5% of the price, and anyone borrowing more than 80% must show bank statements covering at least three months of savings history. Lenders mortgage insurance applies when borrowing above 80% of the property value.
Who owns ING in Australia, and is it a licensed bank?
ING in Australia is ING Bank (Australia) Limited, which trades as ING and is wholly owned by the ING Group. It has held an Australian banking licence since 1994 and is regulated by APRA. It operates under ABN 24 000 893 292 and AFSL and Australian Credit Licence 229823, is headquartered in Sydney and has more than 2 million customers.
Is the ING Orange Advantage worth it?
It depends on how much you keep in offset. The Orange Advantage carries a non-refundable $299 annual fee and its 100% offset works only while the loan is linked to an ING Orange Everyday account. The Mortgage Simplifier has no annual fee but no offset. Model both at /calculators/offset-savings before choosing, and compare ING head to head at /vs/macquarie-vs-ing.
What is the difference between ING Mortgage Simplifier and Orange Advantage?
Mortgage Simplifier is the no-annual-fee variable loan with redraw and unlimited extra repayments, advertised for owner-occupiers paying principal and interest at 80% of property value or less. Orange Advantage adds a 100% offset, gated on linking an ING Orange Everyday account, for a non-refundable $299 a year. Both require total borrowing of at least $150,000.
What are ING's home loan rates in November 2026?
ING's current home loan rates are in the live table above, ranked by comparison rate. Ratesniffers does not freeze a number into this answer because ING prices Mortgage Simplifier, Orange Advantage and each fixed term separately, and varies them by deposit size and loan purpose. The comparison rate is where the Orange Advantage annual fee shows up.
Does ING have branches in Australia?
No. ING has run branchless in Australia since it launched here as ING Direct in 1999, with no branch network and no ATM fleet of its own. Applications, servicing and redraw all happen online or by phone, which is the cost base behind its pricing. Borrowers who want counter service look elsewhere.
Can first home buyers use ING for the 5% Deposit Scheme?
ING does not appear on the Australian Government 5% Deposit Scheme participating lender list as at 25 September 2026, so the government guarantee is not available through ING. ING does lend to owner-occupiers up to 95% of property value in its own right, with lenders mortgage insurance payable above 80%.
Is ING a good home loan lender?
ING is Australia's original branchless bank, serving more than 2 million customers with a short product range and no branch costs to fund. Whether it fits comes down to whether you want the offset and will pay for it, so read the full write-up at /reviews/ing-bank-ltd and the head to head at /vs/macquarie-vs-ing.
