New fixed rate borrowers to benefit from ING rate reductions

Greater certainty and lower rates for Aussies planning their next housing market move, as ING reduces some fixed rates.

Today, ING has reduced interest rates on a range of new owner-occupied, principal and interest fixed rate home loans by between 0.10%p.a. and 0.20%p.a..

All changes apply to loans settled on or after 17 July 2026 and new rates are as follows:

Owner Occupied, Principal & Interest
Loan-to-value-ratio (LVR)	New 1 Year Fixed Rate (p.a.)	New 2 Year Fixed Rate (p.a.)
≤ 80%	6.34% ↓0.20% (New comparison rate¹: 6.05%)	6.29% ↓0.15% (New comparison rate: 6.08%)
80.01-90%	6.49% ↓0.15% (New comparison rate: 6.29%)	6.44% ↓0.10% (New comparison rate: 6.31%)
> 90%	6.59% ↓0.15% (New comparison rate: 6.71%)	6.54% ↓0.10% (New comparison rate: 6.69%)

David Jackson, Mortgages Tribe Lead, said many Australians are looking for greater certainty when managing their home loan, particularly in a changing rate environment.

“We’re focused on delivering value to customers, and these fixed rate reductions mean eligible borrowers can secure a competitive lower rate while enjoying the certainty of knowing what their repayments will be for years to come.

For customers looking to manage their household budget with confidence, these lower rates provide another way to save on their home loan and plan ahead.”

Why customers choose an ING Fixed Rate Home Loan

Enjoy greater certainty over your repayments by fixing your interest rate for up to five years, helping you plan and budget with confidence.
Keep your home loan costs down with no ongoing monthly, annual or transaction fees.
Get ahead on your mortgage sooner with the ability to make additional repayments of up to $10,000 each fixed year, subject to the terms and conditions.
Lock in your rate before settlement for up to 90 days, helping provide peace of mind while you finalise your property purchase. A one-off fee applies.

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

Information and interest rates are current as at the date of this publication and subject to change.

All applications for credit are subject to ING’s credit approval criteria. Fees and charges apply.

Read the product terms and conditions available at ing.com.au before deciding if the product is right for you. ING is a business name of ING Bank (Australia) Limited ABN 24 000 893 292, AFSL and Australian Credit Licence 229823.

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