2.10% 5 Year Variable Closed
Type: Bank
Serviced provinces: All Provinces
ING DIRECT is not like any other bank. In fact, as you've probably noticed we don't even use the word bank in our name. That's because from day one, we knew we could be something different — something better
ING DIRECT is a safe, simple way to save and borrow that gives you real choice. We have no branches. Instead, we take the money we save and use it to pay you higher interest on your savings and investments. And we save you interest on the money you borrow. You can bank with us over the phone, the Internet, or by Automatic Bank Machine (ABM).
Mortgage Features
| Minimum mortgage amount: |
$50,000 |
| Rate guarantee period: |
120 days |
| Max Amortization: |
35 years |
| Allowable lump sum repayment: |
Up to 25% of your original mortgage amount |
| Maximum payment increase: |
Up to 25% |
| Payment Holidays: |
Skip a payment |
| Conventional: |
 |
| High Ratio: |
|
| Assumable: |
|
| Portable: |
|
Payment Details
| Monthly payment*: |
$335.95 |
| Principal repayment over term*: |
$10,218.30 |
| Interest paid over term*: |
$9,938.42 |
|
* Based on $100,000 mortgage and 35 years amortization.
|
No reviews posted for this lender.
