Commercial Mortgage

What are your options with commercial mortgages?

ING DIRECT has 3 separate commercial mortgages for you to choose from, starting from $250,000.

  1. Commercial Fixed Rate Mortgage

    This is the mortgage to choose if you want to protect yourself from the possibility of rising interest rates.
    Loan Rate: Fixed, or a combination of Fixed and Variable interest rate.
    Loan Term: For no less than 1 year and no more than 5 years.
    Loan Repayments: Principal and Interest or Interest Only.
    Paid by: Direct debit.
    Additional payments: Lump sums up to $20,000 per calendar year.
    Monthly fee: There are no monthly fees or charges to worry about.
  2. Commercial Variable Rate Mortgage

    This is the mortgage that lets you benefit from lower interest rates should rates drop.
    Loan Rate: Low, variable interest for up to 5,10 or 15 years.
    Loan Term: Principal and Interest. (Interest Only terms up to 5 years).
    Loan Repayment: Principal and Interest or Interest Only.
    Additional payments: Sure, anytime.
    Monthly fees: You pay no ongoing monthly fees.
  3. Commercial Equity Mortgage

    This is a Line of Credit that helps you buy or refinance all types of commercial property.
    Loan Rate: A low, variable interest rate that is payable only on the balance drawn.
    Loan Term: This is reviewed at the end of 5 years.
    Loan Redraw: Absolutely. In multiples of $10,000.

Calculators

If you're having a read about commercial mortgages, we think you might be interested in these calculators:

Mortgage Repayments Calculator
Mortgage Repayments Calculator
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Stamp Duty Calculator
Stamp Duty Calculator
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Extra Repayments Calculator
Extra Repayments Calculator
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Buying Cost Calculator
Buying Cost Calculator
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Lump Sum Payment Calculator
Lump Sum Payment Calculator
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Split Loan Repayments Calculator
Split Loan Repayments Calculator
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What Can I Afford To Borrow?
What Can I Afford To Borrow?
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Mortgage Comparison Calculator
Mortgage Comparison Calculator
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Budget Planner Calculator
Budget Planner Calculator
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Mortgage Offset Calculator
Mortgage Offset Calculator
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