Download Report

Keep Me Updated – Residential
28 May 2015
INTEREST RATES
Fixed rates remain unchanged from our last update. Please refer to the interest rate table
below.
REMINDER - $750,000 INTEREST RATE PROMOTION
The Orange Advantage $750,000 promotion continues to be a great success! Orange
Advantage is now available at 4.13% p.a. (comparison rate 4.33% p.a.) where an application
meets the following criteria:
• New residential borrowings of $750,000 or more
• LVR equal to or less than 80%
• Any Orange Advantage component that is owner occupied must be Principal &
Interest (Interest Only available for investment purposes).
This promotion is available for loan applications unconditionally approved by 30 June 2015.
ING DIRECT will also cover the first $750 of the total valuation costs where the above
conditions are met. If the owner occupied component is switched to Interest Only following
settlement, the abovementioned promotional interest rate will not apply.
LIKE MORE INFORMATION?
For more information, visit introducer.ingdirect.com.au or speak to your ING DIRECT
representative.
140 Sussex Street, Sydney NSW Australia 2000 | PO Box 4094 Sydney NSW 2001
T 1300 656 226 W introducer.ingdirect.com.au ABN 24 000 893 292 AFSL 229823 Australian Credit Licence 229823
Keep Me Updated – Residential
28 May 2015
Interest rates effective from 29 May 2015
Interest Rate
(p.a.)
Comparison
Rate (p.a.)
4.23%
4.43%
LVR ≤ 80%
4.29%
4.49%
LVR > 80% ≤ 90% (inclusive of LMI)
4.44%
4.64%
LVR > 90%
4.84%
5.03%
Aggregate Borrowings less than $150k
4.84%
5.03%
Interest Rate
(p.a.)
Comparison
Rate (p.a)
4.23%
4.24%
LVR ≤ 80%
4.29%
4.30%
LVR > 80% ≤ 90% (inclusive of LMI)
4.44%
4.45%
LVR > 90%
4.72%
4.73%
Aggregate Borrowings less than $150k
4.72%
4.73%
Interest Rate
(p.a.)
Comparison
Rate (p.a.)
ORANGE ADVANTAGE (100% INTEREST OFFSET)
Aggregate Borrowings $500k+ AND:
LVR ≤ 80%
Aggregate Borrowings $150k+ AND:
MORTGAGE SIMPLIFIER
Aggregate Borrowings $500k+ AND:
LVR ≤ 80%
Aggregate Borrowings $150k+ AND:
FIXED RATE LOANS*
Where a Fixed Rate Loan is combined with an Orange Advantage (100% Interest Offset) home loan, a fixed interest rate
discount of 0.10% p.a. will apply to the below fixed interest rates.
1 Year Fixed Rate
2 Year Fixed Rate
3 Year Fixed Rate
4 Year Fixed Rate
5 Year Fixed Rate
CONSTRUCTION LOAN
Construction Loan
LINES OF CREDIT
Action Equity Loan
Smart Home Loan <$150k
Smart Home Loan $150k+
4.24%
4.24%
4.24%
4.49%
4.49%
4.68%
4.64%
4.60%
4.65%
4.63%
Interest Rate
(p.a.)
Comparison
Rate (p.a)
4.72%
4.73%
Interest Rate
(p.a.)
Comparison
Rate (p.a)
5.32%
5.32%
4.82%
5.32%
5.44%
4.94%
Info rmatio n is current as at the abo ve date and is subject to change. The co mpariso n rates are based o n a lo an amo unt o f $ 150,000 o ver a lo an term o f 25 years. WA RNING: The
co mpariso n rates are true o nly fo r the examples given and may no t include all fees and charges. Different terms, fees o r o ther lo an amo unts might result in different co mpariso n rates.
A ggregate bo rro wings refers to to tal residential ING DIRECT bo rro wings. Interest rate disco unts fo r an LVR o f 90% o r less are available fo r new bo rro wings and new to ING DIRECT security
pro perty, this o ffer may be withdrawn at any time. LVR based interest rates do no t apply to Fixed Rate o r Co nstructio n lo ans. *The interest rate that will be applicable to yo ur Fixed Rate Lo an
during the fixed interest perio d when co mbined with an Orange A dvantage ho me lo an is the ING DIRECT Fixed Rate applicable fo r the fixed interest perio d as at the settlement date o f this
lo an less a fixed interest rate disco unt o f 0.10% p.a. WA RNING: If yo u select a fixed rate lo an, break co sts may be payable if at any time befo re the fixed term expires, yo u pay o ut yo ur lo an o r
yo u make additio nal payments, o r yo u ask us to change yo ur lo an type o r fixed interest perio d. B reak co sts may be substantial. A ll o ther terms in relatio n to the interest rate fo r yo ur Fixed
Rate Lo an remain the same. Lending Criteria, Fees, Terms and Co nditio ns apply. A ll applicatio ns fo r credit are subject to ING DIRECT credit appro val criteria. A ny advice in this email is
general and do es no t take into acco unt yo ur, o r yo ur clients’ o bjectives, financial situatio n o r needs, and yo u sho uld co nsider whether it is appro priate fo r yo u, o r yo ur clients. B efo re making
any decisio n in relatio n to any o f o ur pro ducts yo u, and yo ur clients, sho uld read the relevant P DS and Terms and Co nditio ns bo o klet, available at o ur website o r by calling 133 464. If yo u, o r
yo ur clients, have a co mplaint, please call 133 464 at any time, as we have pro cedures in place to help reso lve any issues yo u, o r yo ur client may have. The Ho me Lo an B o nus may be
changed o r withdrawn at any time at ING DIRECT’ s so le discretio n. P ro ducts are issued by ING DIRECT, a divisio n o f ING B ank (A ustralia) Limited A B N 24 000 893 292, A FSL and
A ustralian Credit Licence 229823. Yo u received this email as yo u pro vided ING DIRECT with yo ur email address. Ho wever, if yo u do no t wish to receive further email co mmunicatio ns fro m
ING DIRECT please send an email to marketing@marketing.ingdirect.co m.au with “ Unsubscribe” in the subject line o r call 1300 656 226.