130 live products
ING
Best available rate
5.89%p.a.
Mortgage Simplifier (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.92%
Offset
Not included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
ING
Best available
From 5.89% p.a.
Line-up
130 live products
VS
ING vs Macquarie Bank
Compare ING and Macquarie Bank home loans in April 2026. ING offers rates from 5.89% p.a. across 130 products, while Macquarie Bank starts at 5.59% p.a. with 130 products. Macquarie Bank currently has the lower rate by 0.30%.
VS
130 live products
Macquarie Bank
Best available rate
5.59%p.a.
Macquarie Basic Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.61%
Offset
Not included
Redraw
Included
Live edge
Macquarie Bank is lower on headline home loan rate by 0.30%, which is roughly $125 per month on a $500,000 loan.
0.30% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | ING | Macquarie Bank |
|---|---|---|
| Interest rate | 5.89% | 5.59% |
| Comparison rate | 5.92% | 5.61% |
| Offset account | No | No |
| Redraw | Yes | Yes |
All ING Products
Every tracked home loans option from ING.
All Macquarie Bank Products
Every tracked home loans option from Macquarie Bank.
ING's lowest variable rate is 5.89% p.a. (comparison rate 5.92%) while Macquarie Bank starts at 5.59% p.a. (comparison rate 5.61%). Macquarie Bank is 0.30% lower, which saves approximately $125/month on a $500,000 loan.
Key features: ING includes redraw, Macquarie Bank includes redraw.
Quick Comparison
| Feature | ING | Macquarie Bank |
|---|---|---|
| Interest Rate | 5.89% | 5.59% |
| Comparison Rate | 5.92% | 5.61% |
| Offset Account | No | No |
| Redraw Facility | Yes | Yes |
Common Questions
ING vs Macquarie Bank FAQs
Which bank has a lower home loan rate, ING or Macquarie Bank?
Macquarie Bank currently offers the lower variable rate at 5.59% p.a. compared to 5.89% p.a. Always check the comparison rate for a true cost picture.
Do ING and Macquarie Bank home loans have offset accounts?
ING does not include an offset account. Macquarie Bank does not include an offset account.
What is ING's lowest home loan rate in 2026?
ING's lowest variable rate is 5.89% p.a. (comparison rate 5.92%) on the Mortgage Simplifier (Variable).
What is Macquarie Bank's lowest home loan rate in 2026?
Macquarie Bank's lowest variable rate is 5.59% p.a. (comparison rate 5.61%) on the Macquarie Basic Home Loan (Variable).