ING 3.79%, Fixed rate even lower.

Discussion in 'Property Finance' started by TaylorChang, 23rd Jul, 2016.

Join Australia's most dynamic and respected property investment community
  1. TaylorChang

    TaylorChang Well-Known Member

    Joined:
    2nd Jul, 2015
    Posts:
    178
    Location:
    Sydney
    OMG ! just got my ING BDM email, special offer for variable owner occupied rate 3.79%.

    For those purely low rate chaser, it's a great rate, recommendable good lender and product.

    Ask your broker today.




    <Disclaimer> I may bias on ING, as many of my clients are low rate hunter. ING's servicing is tight. May not necessary good for investor. Check with your broker if its suitable for your situation.
     
    Last edited: 23rd Jul, 2016
    albanga and Perthguy like this.
  2. tobe

    tobe Well-Known Member Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    1,490
    Location:
    Melbourne
    OO sub 80. Interest only available at same rate. $200pa offset account.
     
    TaylorChang likes this.
  3. inspiredbyprop

    inspiredbyprop Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    181
    Location:
    Sydney
    $200pa the interest only loan comes with offset account. But does it come with credit card facilities as well?
     
  4. vbplease

    vbplease Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    917
    Location:
    Brisbane
    Fixed for how many years?
     
  5. Terry_w

    Terry_w Structuring Lawyer and Finance Broker - all states Business Member

    Joined:
    18th Jun, 2015
    Posts:
    14,785
    Location:
    Remote
    That was the variable rate
     
    TaylorChang likes this.
  6. TaylorChang

    TaylorChang Well-Known Member

    Joined:
    2nd Jul, 2015
    Posts:
    178
    Location:
    Sydney
    3 year fixed 3.69%

    Somehow, I am not recommending fixed it now.
     
  7. albanga

    albanga Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,490
    Location:
    Melbourne
    Ridicilously good rate!
    Watching very closely to see what the competition do.
     
    TaylorChang likes this.
  8. James McIntyre

    James McIntyre Adelaide Buyers Agent|Advocate Business Member

    Joined:
    18th Jun, 2015
    Posts:
    1,122
    Location:
    Adelaide S.A.
    I got 3.99% IO 3 years extension with ANZ yesterday.
     
    TaylorChang likes this.
  9. Redwood

    Redwood Well-Known Member Business Member

    Joined:
    22nd Jun, 2015
    Posts:
    457
    Location:
    Melbourne
    I sharp rate - I wouldn't be fixing...

    Cheers Ivan
     
    TaylorChang likes this.
  10. Jamie Moore

    Jamie Moore MORTGAGE BROKER - AUSTRALIA WIDE Business Member

    Joined:
    18th Jun, 2015
    Posts:
    3,005
    Location:
    Canberra, Brisbane and Sunshine Coast
    Awesome rate - and generally no issues with IO with offset against a PPOR (have done quite a few recently).

    Cheers

    Jamie
     
    TaylorChang likes this.
  11. God_of_money

    God_of_money Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    171
    Location:
    Gold Coast
    Ingdirect info
     

    Attached Files:

    TaylorChang likes this.
  12. TaylorChang

    TaylorChang Well-Known Member

    Joined:
    2nd Jul, 2015
    Posts:
    178
    Location:
    Sydney
    I was really surprised for such a good rate when I receive their updated rate.

    There are some good rate out there with other lenders, but I wouldn't normally them.

    But with ING, I am happy to recommend to all the bargain hunter owner occupiers
     
  13. S0805

    S0805 Well-Known Member

    Joined:
    3rd Jul, 2015
    Posts:
    423
    Location:
    VIC
    that's good rate for ANZ variable. What is the LVR, loan size??
     
  14. TaylorChang

    TaylorChang Well-Known Member

    Joined:
    2nd Jul, 2015
    Posts:
    178
    Location:
    Sydney
    ANZ can get 3.75% fixed rate
     
  15. James McIntyre

    James McIntyre Adelaide Buyers Agent|Advocate Business Member

    Joined:
    18th Jun, 2015
    Posts:
    1,122
    Location:
    Adelaide S.A.
    75 ish LVR
     
  16. SoroSoro

    SoroSoro Active Member

    Joined:
    18th Jul, 2016
    Posts:
    26
    Location:
    Melbourne
    ING for IP is 4.39% for LVR 80-90%, 4.24% for <80% - are those good rates for IP?
     
  17. S0805

    S0805 Well-Known Member

    Joined:
    3rd Jul, 2015
    Posts:
    423
    Location:
    VIC
    That's variable correct? loan size?
     
  18. S0805

    S0805 Well-Known Member

    Joined:
    3rd Jul, 2015
    Posts:
    423
    Location:
    VIC
    Actually that's pretty good too. Having brain freeze :confused: but correct me if I'm wrong Fixed rates are always P&I or can it be IO as well...
     
  19. York

    York Finance Broker Business Member

    Joined:
    24th Jun, 2015
    Posts:
    1,780
    Location:
    Sydney
    Can be either PI or IO.
     
    S0805 and Terry_w like this.
  20. James McIntyre

    James McIntyre Adelaide Buyers Agent|Advocate Business Member

    Joined:
    18th Jun, 2015
    Posts:
    1,122
    Location:
    Adelaide S.A.
    Correct, & around 200k.