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ING offers 1.99% p.a. four year fixed rate home loan

Published on 09/11/2020

Monday 9 November 2020: Effective from Friday 13 November ING will:

Introduce a 1.99% p.a. four year fixed rate for owner occupier Fixed Rate Home Loan loans that are combined with a variable rate Orange Advantage Home Loan.

This offer is available to new and eligible existing customers for loans with a loan to value ratio (LVR) of 80% or lower with principal and interest repayments. The 1.99% p.a. interest rate is applied to the fixed rate part of the home loan only and the home loan must be settled between 13 November 2020 and 31 March 2021.  A $299 annual fee applies to Orange Advantage Home Loans.

Principal & Interest New Interest Rate (p.a.) New Comparison Rate (p.a.)*
1 Year Fixed Rate 2.19% 3.95%
2 Year Fixed Rate 2.09% 3.77%
3 Year Fixed Rate 2.04% 3.60%
4 Year Fixed Rate 1.99% 3.43%
5 Year Fixed Rate 2.19% 3.37%

Owner Occupied Fixed Rates (principal & interest) with Orange Advantage, LVR less than or equal to 80%


Terms and Conditions

Where an owner occupied Fixed Rate Home Loan with principal and interest repayments is combined with an owner occupier Orange Advantage Home Loan with principal and interest repayments, an interest rate discount of 0.10% p.a. applies on the Fixed Interest Rate Home Loan. A further 0.10% p.a. interest rate discount applies to the Fixed Interest Rate Loan (total of 0.20% p.a. interest rate discount) where the LVR is ≤80% and the loan settles between 13 November 2020 and 31 March 2021 (”Further Discount Offer”). These interest rate discounts have been reflected in the advertised rates in this communication. The Further Discount Offer is a limited offer that can be withdrawn, varied or extended at any time at ING’s sole discretion. If this offer is withdrawn, ING will notify customers by publication in a national newspaper.

* Comparison rate: The comparison rate is based on a home loan amount of $150,000 over a loan term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.


For more information please contact:

Megan Landauro on 0413 317 225,

About ING

ING changed the way Australians bank 21 years ago by launching the country’s first branchless bank. ING now offers Australians award winning home loans, transactional banking, superannuation, credit cards, personal lending, insurance and wholesale banking services.

ING is Australia’s most recommended bank according to RFi XPRT Survey April 20 – September 20 ( n= 4,165) when compared to customers of 20 other banks operating in Australia. It is also Australia’s fifth largest main financial institution (MFI) with 6% of market share according to RFi XPRT Survey (April-September 2020) (n=31,552). MFI is defined as the bank that the consumer says is their main financial institution.

ING Bank (Australia) Limited ABN 24000893292 AFSL and Australian Credit Licence 229823. Information in this media release is general information only and we have not taken your financial circumstances, objectives, needs or requirements into consideration

Media Enquiries

Megan Landauro
Public Relations Manager
0413 317 225

60 Margaret Street
Sydney NSW 2000

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