ING mortgage simplifier home loan
What happens when I click Enquire Now?
- Clicking Enquire Now will take you to the lender's website
- After completing the contact form, a mortgage expert will contact you
- The mortgage expert will ensure you find the right loan, calculate your repayments, and explains all the associated fees
- After going through the enquiry process you will be able to know how much you can borrow, begin your application when you are ready to apply and be approved for a home loan
If you’re looking for a home loan with a low ongoing interest rate no monthly fees but still gives you the flexibility of being able to make extra repayments and redraw then you should look at the ING direct mortgage simplifier home loan. This home loan offers a variable interest rate that starts low and stays low for the life of the home.
Features and options on the ING mortgage simplifier home loan
Features and options that the ING mortgage simplifier home loan are listed below, and as you can see these features help give the customer the flexibility to be able to manage their finances in a way that suits them:
- Pay your bills. If you’ve been making extra repayments and you have some available funds in your home loan you can use these available funds to conveniently pay your bills online using BPAY.
- Repayment frequency. ING will give you the option of two convenient repayment frequencies these are either fortnightly or monthly. Having these two options means that it’s going to be a lot easier to choose a repayment frequency that suits you and your finances. It’s always important to remember that the more frequent your repayments are the faster you will reduce the balance of your home.
- RedrawRedraw allows the ING mortgage simplifier customer to have access to any of the extra funds that have paid on their home loan. Redraw can be done either using phone or Internet banking and is fee free, having a redraw facility means that you can confidently make extra repayments on your home loan which will reduce the balance and save you thousands of dollars in interest charges knowing that if something unforeseen happens in the future and you need extra money you can simply use the redraw option.
- Splitting. The splitting option offered by ING means that you’re able to take advantage of features and options that are available on other home loans. This is done by splitting the total amount of your home loan into two or more parts. For example if you have a home loan of $450,000 and you would like to have some protection against interest rate rises that may occur in the future then you could split your loan into two by having a fixed rate home loan of $150,000 and the remainder $300,000 as a ING mortgage simplifier home.
- Additional repayments. ING allows you to make additional repayments on your home loan at anytime without incurring any fees this means that you’re able to reduce the balance of your home loan saving you interest charges on reducing the length of your home loan.
Who is this loan suited to?
The ING mortgage simplifier home loan is suited to people who would like to buy property that costs between $50,000 and $2,000,000.
You are able to borrow up to 85% of the property’s value without having to pay lender’s mortgage insurance, but you can borrow up to 95% of the property’s costs with mortgage insurance. This home loan can be used by either owner occupiers or people who are looking to invest in property.
If you like the sounds of the mortgage simplifier home loan that’s offered by ING then you should get in touch with Home Loan Finder either via the online enquiry form or by calling Australian call centre where one of our home loan experts will be able to answer any questions and offer you the guaranteed best interest rate on the ING mortgage simplifier home loan or one of the other hundreds of home loans that are offered by Home Loan Finder.
Read the official terms and conditions
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