Lender

Lender Name

ING

Product Name

SMARTPACK

Product Type

PROFESSIONAL

Interest Rates

Comparison Rate Schedule

Latest Interest Rates

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Redraw Facility

As per individual product specifications.

Offset

As per individual product specifications.

Fees

Application Fee $499
Additional Valuations fees commence at $200 for a standard valuation which are paid upfront, please refer to your Relationship Manager for associated costs in all instances.
Variation Fee $250
No ongoing Annual Fees
No monthly fee
Document & Settlement Fee Fee displayed as Mortgage Preparation )
Document & Settlement Fee $165WA/SA/ACT/TAS)
Document & Settlement Fee  $220 (NSW/VIC/QLD)

LVR

LVR without Mortgage Insurance up to 80%
LVR with Mortgage Insurance
Up to 100% for Owner Occupier:
Up to 95% for Investment Loans plus capitalised LMP Premiums.
LVR based on Mortgage Simplifier and Smart Home Loan product.
As per individual product specifications.

Repayment Type

As per individual product specifications.

Repayment Options

As per individual product specifications.

Repayment Method

As per individual product specifications.

Extra Repayments

As per individual product specifications.

Special Offers

Interest rate discount available when borrowing $300Kor more in aggregate, excluding Lo Doc and commercial loans.
0.06% off the Mortgage Simplifier Rate
0.50% off the Smart Home Loan Rate. Smart Pack fee applies.
Benefits of Smart Pack
A highly competitive interest rate discount, valid for the life of the loan
No ongoing annual fees.
Customers with a Smart Home Loan in combination with another eligible product under
Smart Pack, the NIVA limit is based on the total aggregated borrowing rather than the individual.
Smart Home Loan amount. The cap on the NIVA limit remains unchanged at 3% of the total
Aggregate borrowings, to a maximum of $10K.
Customers applying for Fixed Rate or Construction Loan under Smart Pack, where total borrowings are $300K, will revert to the discounted Mortgage Simplifier rate at the conclusion of the Fixed Rate or Construction period.

Term

As per individual product specifications.

Loan Size

As per individual product specifications.

Mortgage Insurance

As per individual product specifications.

Acceptable Income

As per individual product specifications.

Product Change

As per individual product specifications.

Statements

As per individual product specifications.

Portability

As per individual product specifications.

Split Loan Facility

As per individual product specifications.

Special Notes

Target Market