$3K cashback offer on the house

You could get a $3K cashback if you refinance your eligible home loan to ING. Minimum refinance amount $500k. Must apply before 30 September 2022 and settle by 31 December 2022.

Click here for Terms & Conditions.

do your thing

Switch now - ends 30 September 2022.

With a $3,000 cashback offer and competitive rates, there's even more reason to switch your home loan to ING today. That's $3,000 you could use in any way you want: pay down your loan, do up your house or put something away for a rainy day.

The $3,000 cashback offer is only available if:

  • You refinance an existing home loan from another lender.
  • The Refinance is for at least $500,000.
  • Loan to value ratio (LVR) is less than or equal to 80%.
  • You apply before 30 September 2022 and settle the refinance on or before 31 December 2022.
  • You have an active ING Orange Everyday account in the same name as your new ING home loan.

Terms and conditions apply.

Go variable or fixed.
Save either way.

Mortgage Simplifier

Keep things simple with a Mortgage Simplifier home loan and pay no ongoing monthly or annual account keeping fees with the ability to make unlimited additional repayments, free of charge. You can also pay down your home loan while you spend with Everyday Round Up. Pay as you go servicing fees apply for switches or variations.

Orange Advantage

Prefer access to an offset facility? With 100% interest offset as well as a redraw facility, an Orange Advantage variable rate home loan might be the product for you. For a low annual fee of $299, you'll also have the ability to make unlimited additional repayments free of charge - and the balance in your Orange Everyday offset transaction account will save you interest every day.

ING fixed rate home loan

If stability and consistency is more your thing, an ING Fixed Rate Home Loan will provide interest rate and repayment certainty, with no account keeping fees. Plus, make additional payments of up to $10,000 per year. An application fee of $499 may apply unless combined with an Orange Advantage.

Apply now

Can't decide? If you want the flexibility of fixing part of your loan whilst keeping a portion variable, this is also an option, give our home loan specialist team a call and they will arrange this for you.

Call us on 133 464, 8am-8pm Mon-Fri and 9am-5pm Sat (AEST/AEDT).

Switch to an ING home loan and get your house working for you.

You could save hundreds every month.




Repayment type:


Loan term:

  • Purpose:
  • Borrowing:
  • Deposit:
  • To live in
  • $500K - $1Million
  • ≥ 20%

Mortgage Simplifier

No ongoing fees & variable rate

Variable rate

Comparison rate

/Monthly repayments 

Based on a 30 year $500,000 loan paying P&I.

Orange Advantage

100% interest offset facility & variable rate

Variable rate

Comparison rate

/Monthly repayments 

Based on a 30 year $500,000 loan paying P&I.

Fixed Rate Loan

Repayment certainty & fixed rate

Important: Interest Only repayments are not currently available on any of our Owner Occupied fixed rate loans.

Special Offer Special Offer Special Offer

4YR fixed rate

Comparison rate

/Monthly repayments 

For the fixed interest period 30 year $500,000 loan paying P&I.

Want to play the $3000 cashback game?

There's got to be something you've been putting off buying for ages. It could be for you, the house, or your family. Hey, it could even be for the dog. Still can't figure out that thing you'd spend the $3K on? Click through for some unique ideas.

Let's go

Sum up the savings with our variable rate refinance calculator.

Let's do the maths to estimate how much you could save if you were to switch to one of ING's variable rate home loans. We'll need some information about your current loan, which will help us calculate a comparison to one of our variable rate home loan products. At the end, you'll get an idea of the amount you could save in interest repayments over the remaining term of your loan.

Please note: This calculator is only relevant if you currently have a variable rate, Principal and Interest loan with a Loan to value ratio (LVR) of 80% or less and a remaining term of 30 years or less. To refinance to ING you must have a LVR of 80% or less.

About your current loan

Loan balance:

Term remaining (years):

Current interest rate:

Repayment frequency:

Choose an ING variable rate home loan to compare



Principal & Interest rate:

Comparison rate:

How much could I save?
Option 1: Extra savings in your pocket

By switching your loan to ING and paying your new minimum repayment amount you could save:

Interest savings


Each fortnight

Option 2: Pay down your home loan faster

By moving to ING and keeping your repayments the same as they are now (with your current lender) you could save:

Interest savings


Over the life of your loan

0 month(s)

Off the term of your loan

Based on the information you input about your current loan it seems you may be better off staying with your current lender.

What about fees? Even if your repayments or interest charges could be lower if you switch to ING, it is important to note that it may take some time to recoup the costs of switching. This calculator does not take into consideration discharge fees, legal fees or any applicable break cost fees which you may incur when leaving your current lender ,nor does it take into account the cost of any settlement fees or charges that apply to a new ING home loan. Please consider your personal situation and the impact of any fees and charges that might apply to a switch or on an ongoing basis.

Important: Results of the refinance calculator are not an offer of credit. Any application for credit is subject to ING's credit approval criteria. The amounts above are indicative only. For more information please refer to the 'How this calculator works' section below.

How this calculator works.

Some important things you should know.

  • The results provided are estimates based on the interest rate entered by the customer and the current applicable ING interest rate, and do not account for changes that may occur over the life of the loan e.g. changes to the interest rate.
  • The customer is making the minimum P&I repayments on the current loan, based on the entered remaining loan balance, interest rate and term remaining.
  • The term remaining entered is in whole years.
  • The ING loan balance will be same as the current loan balance, based on LVR of up to 80%.
  • The ING loan term will be same as the term remaining on the current loan.
  • Each year has 12 equally sized months, 26 fortnights and 52 weeks. In reality, many loans accrue on a daily basis leading to a varying number of days' interest dependent on the number of days in the particular month.
  • The customer will make the same repayment amount for the entire loan duration, even though minimum repayment amounts will likely change for a variety of reasons, including to reflect interest rate changes and changes to repayment type (e.g. to interest only).
  • Repayments are payable, and interest is charged, monthly and on the same day.
  • The calculation assumes you are only making the minimum repayment calculated for your current loan, and not a different amount.
  • The results in Option 2 assume the customer will set repayments for the example ING loan at the amount estimated by this calculator as being the minimum repayment amount their current loan, instead of the default minimum repayment setting for the example ING loan.
  • The minimum repayment of the current loan is calculated based on amortisation of the loan balance entered, the interest rate entered and the remaining term in whole years. Minimum repayments are calculated so that the loan is paid off at the end of the specified term remaining.
  • Where monthly repayments are noted, the calculator assumes 12 equal payments each year. Where fortnightly repayments are noted, the calculator assumes 26 equal payments each year.
  • Estimated repayments are rounded to at least the nearest cent.
  • The Principal and Interest rates displayed are for ING's variable rate products with a maximum LVR of 80%.
  • The current loan is a variable rate facility and no break costs are applicable.
  • Whole months for interest and repayments.
  • The savings estimated in this calculator do not take into consideration any fees incurred in the switching process (e.g. discharge fees, legal fees and other switching costs including application and settlement fees), nor the cost of any ongoing fees.
  • The savings estimated in this calculator do not take into consideration a difference you may pay in your current annual fee and the selected ING product annual fee.
  • The results in Option 2 provides an estimate of the difference in the total interest payable of each loan, between the term remaining of the current loan and the reduced term based on the continued payment of the minimum repayment amount of the current loan.

Australia's most recommended bank is here to help.

When you decide to make the switch to a new home loan, here's how it happens with ING.

1. Starting out

Check out our loan products and rates, to make sure ING suits you, then apply online or call 133 464 to speak with a home loan specialist.

2. Staying informed

As your application progresses we keep you updated via online tracking, SMS and email.

3. A helping hand

If you have any questions along the way, our home loan specialists are here for you.

4. Approval

Once the paperwork is done and approved, we'll move your home loan across and get you settled in.

How to apply.


Apply now


Call 133 464
8am-8pm Mon-Fri or
9am-5pm Sat (AEST/AEDT)

In person

Visit us in person at ING Lounge, Ground Floor, 60 Margaret Street, Sydney

Helpful reading to grow your knowledge.

House & Home

Refinancing explained

8 min read

House & Home

Should you refinance?

11 min read

7 min read

9 min read

When you need us

For questions or anything else, we're here to help.

Here for you 133 464


Visit us at ING Lounge

60 Margaret Street, Sydney

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Important information

$3,000 ING Home Loan Refinance Cashback Promotion

Terms and conditions

  1. The Promoter is ING, a business name of ING Bank (Australia) Limited ABN 24 000 893 292 AFSL and Australian Credit Licence 229823.
  2. This $3,000 ING Home Loan Refinance Cashback Promotion ('Promotion') commences on 1 July 2021 and ends on 30 September 2022 ('Promotional Period'), unless extended.
  3. All applications for credit are subject to ING's credit approval criteria. Fees and charges apply.
  4. Customers who meet the following eligibility requirements will receive $3,000 cashback subject to the terms and conditions of this Promotion ('Eligible Customers'):
    1. Customers must be Australian residents aged 18 years or over;
    2. Customers must submit an application for a new ING home loan ('new ING Home Loan') within the Promotional Period (the 'Application');
    3. The Application must include the refinance of an existing home loan from another lender and be for a total loan amount of at least $500,000. This refinance amount of $500,000 excludes refinances of existing ING loans.
    4. The new ING Home Loan must have a loan to value ratio (LVR) of 80% or less;
    5. The new ING Home Loan must settle on or before 31 December 2022; and
    6. An active ING Orange Everyday transaction account must be held in the same name(s) as the new ING Home Loan at the time that the cashback is paid (which will occur within 70 days after settlement).
  5. The Promotion applies in relation to any available ING Home Loan product including Owner Occupier and Investor loans and loans with Principal and Interest and Interest Only repayments.
  6. The Promotion is limited to one $3,000 refinance cashback per Application irrespective of the number of:
    1. properties or borrowers included on the Application; or
    2. loan accounts that are being opened through the refinance.
  7. The Promotion is not available in conjunction with any other promotions.
  8. Provided these Terms and Conditions are met, Eligible Customers will receive $3,000 cashback transferred electronically into their ING Orange Everyday transaction account within 70 days of settlement.
  9. Where an Eligible Customer has more than one Orange Everyday account held in the same names as the new ING Home Loan, ING will determine which account will receive the cashback. The customer cannot nominate an account. The customer will be notified via email after the cashback has been deposited into their account.
  10. The $3,000 cashback will not be considered in ING's assessment of whether you could service the new ING Home Loan.
  11. ING accepts no responsibility for any tax implications that may arise from the cashback. Eligible customers may need to seek advice from the Australian Tax Office or their own taxation adviser or independent financial adviser.
  12. This Promotion is current as at 29 July 2022. ING reserves the right to change or withdraw the Promotion at any time.

The variable rates above include a discount that is applied to the relevant reference rate. These variable rates are only available for new ING security property and borrowings. All interest rates and information are current as at 20 July 2020 and are subject to change. Details of these and the terms and conditions are available at ing.com.au or by calling 133 464. All features are not available for every type of loan.

WARNING: If you select a fixed rate loan, break costs may be payable if, at any time before the fixed rate expires, you (1) pay out your loan, make an additional payment of $10,000 or more, or you make additional payments totalling $10,000 or more in any one-year period (with the first one-year period starting on the first day of the fixed interest period), or (2) you ask us to make certain changes to your loan including but not limited to your loan type, your repayment type, your loan purpose, your fixed interest period, the security on your property, your approved loan amount, your loan term, the borrowers on your loan or any other change that requires your loan to be re-documented. You should refer to the Home Loan terms and conditions for details and contact us on 133 464 for an estimate of the break costs that may be payable by you in the above circumstances. Any additional payments or advanced funds are not available for redraw during the fixed interest period.

With an Orange Advantage home loan, a non-refundable annual fee applies (refer to the Orange Advantage Post-Settlement fees and charges located here for more information) and 100% interest offset when linked to our Orange Everyday transaction account and you make a deposit into this account.

Any advice on this website does not take into account your objectives, financial situation or needs and you should consider whether it is appropriate for you. Before making any decision in relation to our home loan products you should read the relevant Terms and Conditions booklet and Fees and Limits Schedule available under our Documents & Forms page. To view these documents you may need Adobe Acrobat. Products are issued by ING, a business name of ING Bank (Australia) Limited ABN 24 000 893 292, AFSL and Australian Credit Licence 229823.

ING recommends you seek independent financial or taxation advice where appropriate.

ING is Australia's most recommended bank according to RFi XPRT Survey, December 2021 - May 2022 (n = 32,026) when compared to customers of 20 other banks operating in Australia. It is also Australia's fifth largest main financial institution (MFI) with 6% of the market share according to RFi XPRT Survey, December 2021 - May 2022 (n = 32,026). MFI is defined as the bank that the consumer says is their main financial institution.