Home Loan Interest Rates & Fees

Interest rates and fees

AMP Banking offers the same home loan rates for residential investment property loans and owner occupied loans.

Professional Package

Classic Club

Fixed Rate

Other Variable Rates

Low Doc Package

Business loans

Select Package

Professional Package^1,2
Effective, 23 April 2009

Loan type	Interest rate³	Comparison Rate⁴
Introductory Variable Rate Loan⁵
$100,000 to $249,999	5.14% p.a.	5.39% p.a.
$250,000 to $749,999	5.14% p.a.	5.25% p.a.
$750,000 to $1,499,999	5.14% p.a.	5.21% p.a.
$1,500,000 and above	5.14% p.a.	5.16% p.a.
Variable Rate Loan
$100,000 to $249,999	5.39% p.a.	5.41% p.a.
$250,000 to $749,999⁶	5.24% p.a.	5.26% p.a.
$750,000 to $1,499,999	5.19% p.a.	5.21% p.a.
$1,500,000 and above	5.14% p.a.	5.16% p.a.
Line of Credit
$100,000 to $249,999	5.59% p.a.	Not applicable
$250,000 to $749,999⁶	5.44% p.a.	Not applicable
$750,000 to $1,499,999	5.39% p.a.	Not applicable
$1,500,000 and above	5.34% p.a.	Not applicable

Effective, 25 April 2009

Line of credit (credit balances)	Interest rate³	Comparison Rate⁴
From $0 to less than $20, 000	0.50% p.a.	Not applicable
From $20, 000 and over	2.75% p.a.	Not applicable
Cheque book available on Lines of Credit only		Credit interest applies to all Lines of Credit

Interest Rates quoted in this bulletin apply to loans with a Loan to Value Ratio (LVR) up to and including 90% only.
For applications received on or after 1 December 2008, an additional margin of 0.60% is added to the above Interest Rates when the LVR exceeds 90%.

1. Professional Package eligibility - total borrowings with AMP Banking must exceed $100,000.

2. An Annual Fee of $349 is payable in advance at settlement and on each anniversary date of the Professional Package Loan. A Settlement Fee of $250 applies to all home loans.

3. Rates are subject to change.

4. Comparison Rate calculated on a loan amount of $150,000 over a 25 year term monthly repayments, not on your preferred or maximum loan amount. The credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL No. 234517, trading as AMP Banking. WARNING: This comparison applies only to the example given ($150,000 over 25 years). Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

The AMP Banking Comparison Rate Schedule is available for you to compare our range of Home Loan products and terms. You can determine the comparison rate on your own home loan amount and term using the Comparison rate calculator.

5. Available for new business only. Introductory ProPack Variable Rate Loan converts to the ProPack Variable Rate Loan after the introductory period.

6. Available for new business only.

Fixed Rate Loans
Effective, 21 June 2009

Loan type	Interest rate¹	Comparison Rate²
Introductory 1 Year Fixed Rate³	5.19% p.a.	5.39% p.a.^
1 Year Fixed Rate	5.69% p.a.	5.44% p.a.^
2 Year Fixed Rate	5.99% p.a.	5.53% p.a.^
3 Year Fixed Rate	6.69% p.a.	5.78% p.a.^
5 Year Fixed Rate	7.39% p.a.	6.29% p.a.^
1 Year Fixed Interest in Advance⁴	5.59% p.a.	5.43% p.a.^

Interest Rates quoted in this bulletin apply to loans with a Loan to Value Ratio (LVR) up to and including 90% only.
For applications received on or after 1 December 2008, an additional margin of 0.60% is added to the above Interest Rates when the LVR exceeds 90%.
An Establishment Fee of $350 applies to all home loans listed above which convert to a Classic Club loan on expiry of the fixed rate period. A Settlement Fee of $250 applies to all loans.

1. Rates are subject to change.

2. Comparison Rate calculated on a loan amount of $150,000 over a 25 year term monthly repayments, not on your preferred or maximum loan amount. The credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL No. 234517, trading as AMP Banking. WARNING: This comparison applies only to the example given ($150,000 over 25 years). Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
^ Comparison Rate for loans converting to Professional Package Variable Rate Loan at expiry of fixed rate period. Subject to Professional Package eligibility - minimum borrowings $100,000

The AMP Banking Comparison Rate Schedule is available for you to compare our range of Home Loan products and terms. You can determine the comparison rate on your own home loan amount and term using the Comparison rate calculator.

3. Available for new business only.

4. No longer available for sale.

Loans with a total amount of $100,000 are eligible to roll into an Professional Package Variable Rate Loan at the end of the Fixed Rate period. All loans with a total amount less than $100,000 will roll into a Classic Variable Rate Loan at the end of the Introductory twelve months. Standard fees and charges apply.

Loans for business purposes - Business Classic Club
Effective, 21 June 2009

Loan type	Interest rate¹	Comparison Rate²
Classic Variable Rate Loan	5.89% p.a.	Not applicable
Classic Line of Credit	6.09% p.a.	Not applicable
1 Year Fixed Rate	5.69% p.a.	Not applicable
2 Year Fixed Rate	5.99% p.a.	Not applicable
3 Year Fixed Rate	6.69% p.a.	Not applicable
5 Year Fixed Rate	7.39% p.a.	Not applicable

Effective, 25 April 2009

Line of credit (credit balances)	Interest rate¹	Comparison Rate²
From $0 to less than $20, 000	0.50% p.a.	Not applicable
From $20, 000 and over	2.75% p.a.	Not applicable
Cheque book available on Lines of Credit only		Credit interest applies to all Lines of Credit

Select Package¹
Effective, 21 June 2009

Loan type	Interest rate²	Comparison Rate³
Variable Rate Loan	5.14% p.a.	5.15% p.a.
Line of Credit	5.34% p.a.	Not applicable
1 Year Fixed Rate	5.59% p.a.	5.28% p.a.
2 Year Fixed Rate	5.89% p.a.	5.37% p.a.
3 Year Fixed Rate	6.59% p.a.	5.62% p.a.
5 Year Fixed Rate	7.29% p.a.	6.14% p.a.
1 Year Fixed Interest in Advance⁴	5.49% p.a.	5.27% p.a.

Effective, 25 April 2009

Line of credit (credit balances)	Interest rate²	Comparison Rate³
From $0 to less than $20, 000	0.50% p.a.	Not applicable
From $20, 000 and over	2.75% p.a.	Not applicable
Cheque book available on Lines of Credit only		Credit interest applies to all Lines of Credit

Interest Rates quoted in this bulletin apply to loans with a Loan to Value Ratio (LVR) up to and including 90% only.
For applications received on or after 1 December 2008, an additional margin of 0.60% is added to the above Interest Rates when the LVR exceeds 90%.
A Settlement Fee of $350 applies to all home loans listed above.

1. Available to eligible AMP Limited shareholders only. An annual fee of $349 is payable on each anniversary date of the AMP Shareholders Benefit Package.

2. Rates are subject to change.

3. Comparison Rate calculated on a loan amount of $150,000 over a 25 year term monthly repayments, not on your preferred or maximum loan amount. The credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL No. 234517, trading as AMP Banking. WARNING: This comparison applies only to the example given ($150,000 over 25 years). Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and costs savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

4. No longer available for sale

The AMP Banking Comparison Rate Schedule is available for you to compare our range of Home Loan products and terms. You can determine the comparison rate on your own home loan amount and term using the Comparison rate calculator.

Other fees and charges apply. Full details are available in the Fees and Charges guide.