These home loans offer low costs, coupled with a host of features, giving the best overall value.
7+
Great
These home loans may have slightly higher interest rates or fewer features but overall, a competitive offering.
5+
Standard
Usually the home loans would offer above average rates. They may still include some competitive features.
0+
Basic
Higher costs and/or fewer features.
ING is passing the February 2025 cash rate cut on to borrowers.
From 4 March variable rate home loans will drop by 25 basis points.
From that date the lowest variable rate loan the ING offers will be 5.89%.
ING is an online Australian bank owned by the multinational ING Group. ING offers various fixed and variable home loans online, as well as banking, insurance and superannuation products. Check out the full table of ING products below or read more about the lender and its loans.
Compare ING home loan rates for May 2025
Hit the "Load more" button to see a bigger selection. You can also find more information on each individual product by clicking "More Info".
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ING key facts
ING's home loan rates are lower than the market average. ING offers fixed and variable rate loans for investors and owner-occupiers, and some loans come with offset accounts.
ING is an online lender. The bank has phone, email and banking app support.
You can get certain ING loans with a deposit as low as 5%, including some of its lowest rates.
In addition to home loans, ING also offers savings accounts, transaction accounts and term deposits.
Most ING mortgages allow you to split your loan into fixed and variable portions.
How do I apply for an ING home loan?
When applying for any home loan, you will need various documents to establish your identity, your financial situation, employment status and details about the property.
Eligibility
Each ING product has specific eligibility criteria but some will apply to all products. For example:
Age. You must be over 18 years of age.
Residency. You should be a resident of Australia.
Employment. You should have a regular source of income.
Documents required
When you apply for a mortgage with ING you are required to provide certain information so make sure you have all your documents ready before you apply. The documents you will be expected to provide are:
📄 Property details. You can start a loan enquiry before you've bought a property. But to complete an application you need the address of the property and a signed contract of sale.
📄 Identification documents. You will need identification such as a driver's licence, passport or birth certificate.
📄 Proof of income documents. Recent payslips can establish your income.
📄 Asset and liability documents. You need to provide documents showing your current assets (savings accounts, investments) and liabilities (your outstanding debt).
If you want to compare loans from similar lenders to ING then you can start with these online lenders. They all have competitive rates and may be a better match for your needs:
Athena. This digital fintech lender offers low-rate mortgages and an entirely online, convenient service.
Tiimely Home. This lender's online application tool can process your mortgage application fast. Backed by the Bendigo and Adelaide Bank.
Homestar. A 100% online lender, Homestar has been providing mortgages to Australian borrowers since 2004.
Loans.com.au. A Brisbane-based online lender, Loans.com.au is backed by Firstmac, Australia's largest non-bank lender.
ME Bank. Member's Equity was established back in 1994 and went fully digital in 2012.
Mortgage brokers. Still confused? Get free, expert guidance from a qualified mortgage broker.
More home loan questions
To make sure you find the right ING loan, you need a clear idea of what you're looking for in a mortgage. These simple questions can help:
Are you comfortable applying online? Because ING is an online lender you need to be comfortable completing the entire home loan process via the web (with phone and chat support).
What do you need the loan for? If you're buying a home to live in you need an owner-occupier loan. Property investors need an investment loan rate. ING has both.
Fixed or variable? Do you want the flexibility of a variable rate loan that could rise or fall at any time? Or are you happy to lock in a fixed rate for a certain period so you can forget about rate changes at all?
What features do you need? If you want a 100% account with your home loan, make sure the ING loan you're interested in has this feature before you apply.
Home loan pre-approval is an optional step in the application process that some lenders offer. Pre-approval means a lender has examined your savings, income and spending habits and has a rough idea of how much it could lend you. It's not the same as full loan approval and it's no guarantee that the lender will ultimately approve a full application. But it does allow borrowers to start looking for a home with more confidence and a clearer idea of their borrowing power.
Pre-aproval is not something every lender offers, but many do.
Most Australian borrowers bank with one of the Big Four (Commbank, ANZ, Westpac and NAB). You might have some concerns about getting a loan from a smaller lender. But there's no reason to worry about going with a smaller lender.
In Australia, banks and lenders are regulated by the Australian Prudential Regulation Authority (APRA) or the Australian Securities and Investments Commission (ASIC) and must comply with the National Consumer Credit Protection Act.
ING is an authorised deposit-taking institution (ADI). This means customers with money deposited in a ING savings account benefit from the deposit guarantee scheme. This federal government scheme guarantees a customer's savings up to $250,000. Even if the bank itself collapses.
Deciding between a fixed or variable rate depends on what you want from the loan. A variable rate loan can change at any time, either up or down. A variable rate usually offers more flexibility in how fast you can repay the loan and the cost of refinancing.
A fixed rate loan offers total certainty about your rate, for the fixed period. This means it won't rise, costing you more. But if your lender starts lowering rates you won't benefit either. Refinancing a fixed rate loan means breaking the loan, because you've agreed to a specific rate. This means you may have to pay a fixed rate break fee.
Mortgage brokers are home loan professionals who can help you find a suitable loan. A broker typically charges you no fee, because they receive a commission from your lender. Brokers are great if you are short on time or find the whole process of researching and applying for a home loan confusing. But you can definitely do it yourself and find a good loan. You may even find a better deal. That's because brokers don't compare loans from every lender in the market. They have access to a panel of loans and often don't have smaller online lenders in their panel.
The Finder Score crunches 7,000 home loans across 120+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're comparing the best home loans for cashback, you can see how each home loan stacks up against other home loans with the same borrower type, rate type and repayment type. We also take into consideration the amount of cashback offered when calculating the Score so you can tell if it's really worth it.
Richard Whitten is Finder’s Money Editor, with over seven years of experience in home loans, property and personal finance. His insights appear in top media outlets like Yahoo Finance, Money Magazine, and the Herald Sun, and he frequently offers expert commentary on television and radio, helping Australians navigate mortgages and property ownership. Richard holds multiple industry certifications, including a Certificate IV in Mortgage Broking (RG 206) and Tier 1 and Tier 2 certifications (RG 146), as well as a Graduate Certificate in Communications from Deakin University. See full bio
Richard's expertise
Richard has written 608 Finder guides across topics including:
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
Cheers,
Shirley
Finder
ShirleySeptember 18, 2013Finder
Hi Adam,
Thanks for your comment.
Directly enquiring with ING DIRECT will give you a better indication of what your repayments will be. You can do so by choosing the loan you would like to refinance head over to their website.
I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that is more inclined to review your application.
Hope this helps,
Shirley
JulieOctober 19, 2013
is there any account fee? what rate for variable offset account? my current variable rate is 4.98% with nab, but my friend told me that he got better offer from your bank.
please call me
Finder
ShirleyOctober 21, 2013Finder
Hi Julie,
Thanks for your comment.
The ING DIRECT Action Equity home loan does not have an annual fee and there is no offset account available.
You may want to compare our featured best home loans for a better interest rate.
I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that is more inclined to review your application.
Home loan cashback deals can help you refinance to a cheaper interest rate and get a lump sum cash payment. Compare the latest deals and check your eligibility today.
Learn how to compare rates to find the best home loan and start saving money on your mortgage today.
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I would like to refinance my loan to make renovations and to have it ready for a head lease for two years at $450 a week?
Hi dear sir. I have 80,000 cash deposit to buy a house to live in it.
Hi Nadhem,
Thanks for your question.
You compare home loans to find the one that best suits you. Alternatively, you could speak to a mortgage broker.
Our borrowing power calculator can also help along with our first homebuyers guide.
Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
Cheers,
Shirley
Hi Adam,
Thanks for your comment.
Directly enquiring with ING DIRECT will give you a better indication of what your repayments will be. You can do so by choosing the loan you would like to refinance head over to their website.
You can also use our home loan repayment calculator for a rough estimate of your repayments.
I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that is more inclined to review your application.
Hope this helps,
Shirley
is there any account fee? what rate for variable offset account? my current variable rate is 4.98% with nab, but my friend told me that he got better offer from your bank.
please call me
Hi Julie,
Thanks for your comment.
The ING DIRECT Action Equity home loan does not have an annual fee and there is no offset account available.
You may want to compare our featured best home loans for a better interest rate.
I also recommend getting in touch with a licensed mortgage broker. A broker can help you understand your financial position and they can leverage their panel of networks to find a lender that is more inclined to review your application.
Hope this helps,
Shirley