INGING Personal Loan
Unsecured personal loan with a low fixed rate, monthly Loan Service Fee and no early repayment fees.
At a glance
- Fixed
- 6.19%7.03% comparison
- Loan size
- $5,000 to $60,000
- Monthly fee
- $8
How it compares
This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This personal loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 6.19% | 5.80%Plenti Personal Loan | 7.96%of 68 institutions | 3rd lowest of 68 |
| Fixed personal loanRepayments stay the same for the term | 6.19% | 5.80%Plenti Personal Loan | 7.96%of 42 institutions | 3rd lowest of 42 |
Rates
Every rate ING publishes for this personal loan, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedMinimum interest rate. Get your low personalised fixed interest rate from 6.19% p.a., depending on your credit score. Comparison rates range from 7.03% p.a. to 20.78% p.a. | P&I | 7 yrs fixed | - | 6.19% | 7.03% | - |
| FixedMaximum interest rate. Get your low personalised fixed interest rate up to 19.99% p.a., depending on your credit score. Comparison rates range from 7.03% p.a. to 20.78% p.a. | P&I | 7 yrs fixed | - | 19.99% | 20.78% | - |
Fees
5 fees published, grouped by when they're charged.
- When you take it outNo fee published
- While you hold it$8 a monthLoan Service Fee
- When you close it or pay it offNo feeEarly repayment fee
While you hold it1
- Loan Service Fee
There is a Monthly Loan service fee
$8 a month
If a payment is late or fails1
- Late payment fee$30
When particular things happen2
- Establishment fee$199
- Interim statement fee$7
When you close it or pay it off1
- Early repayment fee
Flexibility to make extra repayments without charge. You won’t be hit with early repayment fees if you pay the loan off early.
No fee
Features
- Same day funds. If you are an existing ING customer, the money can be received into your Orange Everyday on the same day as you accept your loan offer.
- Choice of 2, 3, 4, 5, 6 or 7 year loan terms with fortnightly or monthly repayments.
Eligibility and limits
- Minimum age 18
- Residency: NZ
- Minimum income $36,000
- Amount $5,000 to $60,000
- Have and maintain an Australian residential address.
- Minimum Loan term of 2 years.
- Maximum loan term of 7 years.
Compare it with others
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Published by ING BANK (Australia) Ltd under the Consumer Data Right, last changed by them on 8 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.