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ING · Home loan · Variable

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Mortgage Simplifier

As of 18 September 2026, the ING Mortgage Simplifier's variable owner-occupier P&I variant has a comparison rate of 6.07% (6.04% advertised), ranking 10th of 107 variable owner-occupier P&I loans and sitting 0.69 points below the market average of 6.76%. The product comes in 20 variants; the others are investor, interest-only and other LVR bands.

6.07%comparison rate p.a.

6.04% advertised · Variable · P&I · Owner-occupier · 71–80% LVR

19 other variants: investor, interest-only and other LVR bands below.

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Rate over time

Comparison rate · Variable · P&I · Owner-occupier · 71–80% LVR
  • Mortgage Simplifier · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
4.005.006.007.00Today6.07% p.a. today

Changes

No changes recorded for this product since tracking began on 12 September 2026.

Rates by variant

Comparison rate · advertised rate
Variable · P&I · Owner-occupier · 1–50% LVR
6.02% comparison · 5.99% advertised
Variable · P&I · Owner-occupier · 51–60% LVR
6.02% comparison · 5.99% advertised
Variable · P&I · Owner-occupier · 61–70% LVR
6.02% comparison · 5.99% advertised
Variable · P&I · Owner-occupier · 71–80% LVR
6.07% comparison · 6.04% advertised
Variable · P&I · Owner-occupier · 81–90% LVR
6.27% comparison · 6.24% advertised
Variable · P&I · Owner-occupier · 91–95% LVR
6.72% comparison · 6.69% advertised
Variable · Interest Only · Owner-occupier · 1–50% LVR
6.21% comparison · 6.44% advertised
Variable · Interest Only · Owner-occupier · 51–60% LVR
6.21% comparison · 6.44% advertised
Variable · Interest Only · Owner-occupier · 61–70% LVR
6.21% comparison · 6.44% advertised
Variable · Interest Only · Owner-occupier · 71–80% LVR
6.24% comparison · 6.44% advertised
Variable · P&I · Investor · 1–50% LVR
6.17% comparison · 6.14% advertised
Variable · P&I · Investor · 51–60% LVR
6.17% comparison · 6.14% advertised
Variable · P&I · Investor · 61–70% LVR
6.17% comparison · 6.14% advertised
Variable · P&I · Investor · 71–80% LVR
6.22% comparison · 6.19% advertised
Variable · P&I · Investor · 81–90% LVR
6.52% comparison · 6.49% advertised
Variable · Interest Only · Investor · 1–50% LVR
6.25% comparison · 6.34% advertised
Variable · Interest Only · Investor · 51–60% LVR
6.25% comparison · 6.34% advertised
Variable · Interest Only · Investor · 61–70% LVR
6.25% comparison · 6.34% advertised
Variable · Interest Only · Investor · 71–80% LVR
6.28% comparison · 6.34% advertised
Variable · Interest Only · Investor · 81–90% LVR
6.58% comparison · 6.64% advertised

Fees

Headline variant
Application fee
None
Ongoing fee
None
Discharge fee
$250
Redraw fee
None

Features

Headline variant
Offset account
No
Redraw
Yes
Extra repayments
Yes
Portable
No
Repayment holiday
No

Eligibility

Minimum loan
$20,000
Maximum loan
$3,000,000

About this product

Low variable interest rate home loan with no ongoing monthly or annual fees.

Compare all home loans