The Finance Algorithm
ING

Orange Advantage

Includes a 100% interest offset when linked to our Orange Everyday bank account.

Home loansBank updated 23 Sept 2026
At a glance
Variable (owner occ. P&I)
6.19% · 6.48% comparison
Variable (investor P&I)
6.29%
Max LVR
95%
Annual fee
$299
Features
offset, redraw, extra repayments
§ 01 — Rates · 20
TypeApplies toTermBandRateComparisonConditions
VariableInvestor - Interest only.Investment · Interest only1–50% LVR · $150,000+6.44%6.62%
VariableInvestor - Interest only.Investment · Interest only51–60% LVR · $150,000+6.44%6.62%
VariableInvestor - Interest only.Investment · Interest only61–70% LVR · $150,000+6.44%6.62%
VariableInvestor - Interest only.Investment · Interest only71–80% LVR · $150,000+6.44%6.62%
VariableInvestor - Interest only.Investment · Interest only81–90% LVR · $150,000+6.69%6.84%
VariableInvestor - Principal & Interest.Investment · P&I1–50% LVR · $150,000+6.29%6.58%
VariableInvestor - Principal & Interest.Investment · P&I51–60% LVR · $150,000+6.29%6.58%
VariableInvestor - Principal & Interest.Investment · P&I61–70% LVR · $150,000+6.29%6.58%
VariableInvestor - Principal & Interest.Investment · P&I71–80% LVR · $150,000+6.29%6.58%
VariableInvestor - Principal & Interest.Investment · P&I81–90% LVR · $150,000+6.49%6.78%
VariableOwner occupier - Interest only.Owner occupied · Interest only1–50% LVR · $150,000+6.69%6.64%
VariableOwner occupier - Interest only.Owner occupied · Interest only51–60% LVR · $150,000+6.69%6.64%
VariableOwner occupier - Interest only.Owner occupied · Interest only61–70% LVR · $150,000+6.69%6.64%
VariableOwner occupier - Interest only.Owner occupied · Interest only71–80% LVR · $150,000+6.69%6.64%
VariableOwner occupier - Principal & Interest.Owner occupied · P&I1–50% LVR · $150,000+6.19%6.48%
VariableOwner occupier - Principal & Interest.Owner occupied · P&I51–60% LVR · $150,000+6.19%6.48%
VariableOwner occupier - Principal & Interest.Owner occupied · P&I61–70% LVR · $150,000+6.19%6.48%
VariableOwner occupier - Principal & Interest.Owner occupied · P&I71–80% LVR · $150,000+6.19%6.48%
VariableOwner occupier - Principal & Interest.Owner occupied · P&I81–90% LVR · $150,000+6.29%6.58%
VariableOwner occupier - Principal & Interest.Owner occupied · P&I91–95% LVR · $150,000+6.64%6.92%
§ 02 — Fees · 15
FeeTypeAmountWhenNotes
Dishonoured chequeDishonour$9
Additional statementsEvent$7$7 for each statement period.
Arrears Default LetterEvent$40$40 for each letter.
Change to letter of offerEvent$250This is payable if changes are made to the letter of offer between disclosure date (date of original issue) and settlement.
Consent to Subdivision/2nd mortgageEvent$300
Direct debit rejectedEvent$9$9 for each direct debit rejected.
Discharge Full and PartialEvent$250
Increase/decrease to loan amountEvent$300
Product switchEvent$300
Removal or change to borrowers or guarantorsEvent$300
Substitution of securityEvent$300
Valuation FeeEvent$0A valuation fee is payable. ING will cover up to $225 of the valuation fee (GST inclusive) for the first valuation/property only.
Late payment feeLate payment$30$30 when you do not pay any amount owing within 5 days of its due date
Annual feePeriodic$299Every 1 yrWith no monthly or transaction fees.
Settlement feeUpfront$350For each loan application and is charged at settlement.
§ 03 — Features
Offset accountRedrawExtra repaymentsInstant paymentsPayIDDigital bankingUnlimited transactions
  • · Everyday Round Up. Round up eligible Orange Everyday card purchases to the nearest $1 or $5, and the difference goes straight from your Orange Everyday to pay down on your Orange Advantage home loan.
  • · Split Loan
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: NZ
  • · Amount $20,000 to $3,000,000
  • · Maximum LVR 95%
  • · Have and maintain an Australian residential address.

Published by ING BANK (Australia) Ltd under the Consumer Data Right, last changed by them on 23 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.