We offer a range of home loans to choose from and with different features and benefits, there’s something for everyone.
Owner Occupied loans
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | |||
| LVR | Interest rate(i) | Comparison rate(ii) | Interest rate(i) |
Comparison rate(ii) | |
| Variable rate loan(iii) | |||||
| $500,000 and above |
LVR <80% (incl LMI) | 2.59% pa | 3.00% pa |
3.29% pa |
3.22% pa |
| LVR >80% <90% + LMI | 2.86% pa |
3.27% pa |
Not applicable |
Not applicable |
|
| $100,000 to less than $500,000 | LVR ≤80% (incl LMI) | 2.59% pa | 3.00% pa | 4.35% pa | 3.63% pa |
| LVR >80% ≤90% + LMI | 2.89% pa | 3.30% pa | Not applicable | Not applicable | |
| Reference Rate(iv) | Standard Reference Rate | Standard Reference Rate Interest Only | |||
| Line of credit(iii) | |||||
| $500,000 and above | LVR ≤80% (incl LMI) | Not applicable | Not applicable | 3.49% pa | Not applicable |
| $100,000 to less than $500,00 | LVR ≤80% (incl LMI) | Not applicable | Not applicable | 4.55% pa | Not applicable |
| Reference Rate(iv) | Line Of Credit Reference Rate | Line of Credit Reference Rate Interest Only | |||
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | ||
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates $100,000 and above |
||||
| 1 year fixed rate | 2.49% pa |
3.24% pa |
3.59% pa |
3.06% pa |
| 2 year fixed rate | 2.19% pa |
3.13% pa |
3.49% pa |
3.09% pa |
| 3 year fixed rate | 2.49% pa |
3.13% pa |
2.95% pa |
3.00% pa |
| 5 year fixed rate | 2.99% pa |
3.23% pa |
3.89% pa |
3.36% pa |
Professional Package Lines of Credit - credit balances
Effective 16 February 2017
| Principal and Interest | Interest Only | |||
| Lines of Credit (credit balances) | Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) |
| From $0 to less than $20,000 | 0.00% pa | Not applicable | 0.00% pa | Not applicable |
| From $20,000 and over | 0.25% pa | Not applicable | 0.25% pa | Not applicable |
Cheque book available on lines of credit only. Credit interest applies to all lines of credit. Professional Package eligibility - total borrowings with AMP Bank must exceed $100,000. An Annual fee of $349 is payable in advance at settlement and on each anniversary date of the Professional Package loan.
(i) Rates are subject to change.
(ii) The comparison rate is calculated for a secured loan on a loan amount of $150,000 over a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(iii) Rates are for new loans only. Approval is subject to AMP Bank guidelines. Other fees and charges apply. Full details are available in the Fees and charges guide. Terms and conditions are available on request.
(iv) View a full list of Reference Rates and their values.
(v) For new home loan applications received from Tuesday 8 September 2020. AMP Bank reserves the right to terminate the offer at any time. Applications subject to credit approval. Fees and charges may be payable.
Basic Package owner occupied new business rates & fees
Effective 27 March 2020
| Loan type | Principal and Interest | Interest Only | ||
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan | ||||
| Basic variable rate loan(iii) | ||||
| $40,000 and above | 3.43% pa | 3.48% pa | 4.03% pa | 3.71% pa |
| Reference Rate(iv) | Basic Reference Rate | Basic Reference Rate Interest Only | ||
Effective 27 March 2019
| Loan type | Principal and Interest | Interest Only | ||
| (LVR <90% + LMI) | (LVR <90% + LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rate loans | ||||
| Basic 1 year fixed rate | 4.25% pa | 3.55% pa | 4.55% pa | 3.58% pa |
| Basic 2 year fixed rate | 4.33% pa | 3.64% pa | 4.63% pa | 3.69% pa |
| Basic 3 year fixed rate | 4.49% pa | 3.75% pa | 4.79% pa | 3.82% pa |
| Basic 5 year fixed rate | 4.06% pa | 3.73% pa | 5.23% pa | 4.19% pa |
(i) Rates are subject to change. Fees and charges are payable. Terms and conditions apply. Approval is subject to AMP Bank guidelines.
(ii)Comparison rates have been calculated for a secured loan on a loan amount of $150,000 for a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(iii) Available for new loans only.
(iv) View a full list of Reference Rates and their values.
Other fees and charges apply. Full details are available in the Fees and charges guide.
AMP Essential Home Loan owner occupied new business rates & fees
AMP Essential Home Loan (owner occupied)
Rates and fees for owner occupiers
Effective 27 March 2020
| Loan type | Principal and Interest |
||
| LVR | Interest rate(i) | Comparison rate(ii) | |
| AMP Essential Home Loan(iii) | |||
| $100,000 and above | LVR <80% (incl LMI) | 2.77% pa | 2.80% pa |
| $100,000 and above | LVR >80% <90% + LMI | 3.34% pa | 3.37% pa |
| $40,000 to less than $100,000 | LVR <90% + LMI | 4.00% pa | 4.03% pa |
| Reference Rate(iv) | Basic Reference Rate | ||
(i) Rates are subject to change.
(ii) Comparison rate calculated for a secured loan on a loan amount of $150,000 for a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(iii) Available for new loans only.
(iv) View a full list of Reference Rates and their values.
Fees and charges are payable. Terms and Conditions apply. Approval is subject to AMP Bank guidelines.
Construction Loan owner occupied new business rates and fees
Effective 5 August 2020
| Loan type | Principal and Interest | Interest Only | ||
| (LVR ≤90% + LMI) | ||||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Construction Loan(iii) | Not applicable | Not applicable | 3.29% pa | 4.73% pa |
| Reference Rate(iv) | Standard Reference Rate | Standard Reference Rate Interest Only | ||
A Settlement fee of $349 applies. An ongoing fee of $20 each month applies to this loan. Other fees and charges apply. Full details are available in our Home loan fees and charges guide.
(i) Rates are subject to change.
(ii) The comparison rate is calculated for a secured loan on a loan amount of $150,000 over a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates for construction loans are based on an initial 1 year interest only period with interest payable at the Construction variable rate and a subsequent 24 year principal and interest period with interest payable at the Construction variable rate.
(iii) Rate is for new loans only and subject to change.
(iv) View a full list of Reference Rates and their values.
Other fees and charges apply. Full details are available in the Fees and charges guide.
Land Loan owner occupied new business rates and fees
Effective 27 March 2020
| Loan type | Principal and Interest | Interest Only | ||
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Land Loan(iii) | 4.88% pa | 4.93% pa | 5.60% pa | 5.22% pa |
| Reference Rate(iv) | Standard Reference Rate | Standard Reference Rate Interest Only | ||
A Settlement fee of $349 applies.
(i) Rates are subject to change.
(ii) Comparison rate calculated for a secured loan on a loan amount of $150,000 for a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison.
(iii) Rate is for new loans only and subject to change.
(iv) View a full list of Reference Rates and their values.
Terms and Conditions apply and are available on request. Approval is subject to AMP Bank guidelines.
Available for new home loan customers with a single, owner occupied security only, with the intention of building a single owner occupied property on the land. Other fees and charges apply. Full details are available in the Home loan fees and charges guide.
Select Package new business rates & fees
The Select Package is a special offer only available to eligible corporate super members and AMP Limited shareholders.
Owner Occupied
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | |||
|---|---|---|---|---|---|
| LVR | Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan(iii) | |||||
| $500,000 and above | LVR <80% (incl LMI) | 2.59% pa |
3.01% pa | 3.29% pa | 3.23% pa |
| LVR >80% <90% + LMI | 2.86% pa |
3.28% pa | Not pplicable | Not applicable | |
| $100,000 to less than $500,000 | LVR <80% (incl LMI) | 2.59% pa | 3.01% pa | 4.35% pa | 3.64% pa |
| LVR >80% <90% + LMI | 2.89% pa |
3.30% pa | Not applicable | Not applicable | |
| Reference Rate(iv) | Standard Reference Rate | Standard Reference Rate Interest Only | |||
| Line of Credit(iii) | |||||
| $500,000 and above | LVR <80% (incl LMI) | Not applicable | Not applicable | 3.49% pa | Not applicable |
| $100,000 to less than $500,000 | LVR <80% (incl LMI) | Not applicable | Not applicable | 4.55% pa | Not applicable |
| Reference Rate(iv) |
Line of Credit Reference Rate |
Line of Credit Reference Rate Interest Only |
|||
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates $100,000 and above | ||||
| 1 year fixed rate | 2.49% pa |
3.25% pa | 3.59% pa | 3.07% pa |
| 2 year fixed rate | 2.19% pa |
3.15% pa | 3.49% pa | 3.10% pa |
| 3 year fixed rate | 2.49% pa |
3.15% pa | 2.95% pa | 3.01% pa |
| 5 year fixed rate | 2.99% pa |
3.25% pa | 3.89% pa | 3.37% pa |
Select Package Lines of Credit - credit balances
Effective 16 February 2017
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Lines of Credit (credit balances) | ||||
| From $0 to less than $20,000 | 0.00% pa | Not applicable | 0.00% pa | Not applicable |
| From $20,000 and over | 0.25% pa | Not applicable | 0.25% pa | Not applicable |
Cheque book available on Lines of Credit only. Credit interest applies to all Lines of Credit. A Settlement fee of $349 applies to all home loans listed above. An annual fee of $349 is payable on each anniversary date. Loans from $100,000 and above.
(i) Rates are subject to change.
(ii) The comparison rate is calculated for a secured loan on a loan amount of $150,000 over a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(iii) Rates are for new loans only.
(iv) View a full list of Reference Rates and their values.
(v) For new home loan applications received from Tuesday 8 September 2020. AMP Bank reserves the right to terminate the offer at any time. Applications subject to credit approval. Fees and charges may be payable.
AMP First Home Loan owner occupied new business rates & fees
The AMP First Home Loan is a special offer only available to AMP shareholders, AMP employees, AMP Life employees and is also available to other client groups who apply directly through AMP Bank. Complete the online enquiry form to request more information about the AMP First Home Loan and for an AMP Bank direct sales team member to contact you.
Owner Occupied Loans
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan | 2.64% pa |
2.64% pa | 3.14% pa | 2.83% pa |
| Reference Rate(iii) |
AMP First Reference Rate | AMP First Reference Rate Interest Only |
||
| Line of Credit | Not applicable | Not applicable | 3.34% pa |
Not applicable |
| Reference Rate(iii) | AMP First Line Of Credit Reference Rate | AMP First Line Of Credit Reference Rate Interest Only | ||
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates | ||||
| 1 year fixed rate | 2.49% pa | 2.63% pa | 3.59% pa | 2.73% pa |
| 2 year fixed rate | 2.19% pa | 2.57% pa | 3.49% pa | 2.78% pa |
| 3 year fixed rate | 2.29% pa | 2.56% pa |
2.95% pa | 2.72% pa |
| 5 year fixed rate | 2.99% pa | 2.78% pa | 3.89% pa | 3.12% pa |
Effective 16 February 2017
| Loan type | Prinicipal and Interest | Interest Only | ||
|---|---|---|---|---|
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Line of Credit (credit balances) |
||||
| From $0 to less than $20,000 |
0.00% pa | Not applicable |
0.00% pa | Not applicable |
| From $20,000 and over |
0.25% pa | Not applicable |
0.25% pa | Not applicable |
(i) Rates are subject to change
(ii) Comparison rate calculated for a secured loan on a loan amount of $150,000 for a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees of other loan amounts might result in a different comparison rate.
(iii) View a full list of Reference Rates and their values
Investment loans
Professional Package investment new business rates & fees
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | |||
| LVR | Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan (Investment) (iii) | |||||
| $500,000 and above |
LVR ≤80% (incl LMI) | 2.99% pa |
3.39% pa |
3.29% pa |
3.46% pa |
| LVR >80% <90% + LMI | 3.27% pa |
3.67% pa |
Not applicable |
Not applicable |
|
| $100,000 to less than $500,000 | LVR ≤80% (incl LMI) | 3.12% pa | 3.52% pa | 3.33% pa | 3.56% pa |
| LVR >80% <90% + LMI | 3.61% pa | 4.00% pa | Not applicable | Not applicable | |
| Reference Rate(iv) | Standard Reference Rate Investment | Standard Reference Rate Interest Only Investment | |||
| Line of Credit (Investment) (iii) |
|||||
| $500,000 and above | LVR ≤80% (incl LMI) | Not applicable | Not applicable | 3.49% pa | Not applicable |
| $100,000 to less than $500,000 | LVR ≤80% (incl LMI) | Not applicable | Not applicable | 3.53% pa | Not applicable |
| Reference Rate(iv) | Line Of Credit Reference Rate Investment | Line Of Credit Reference Rate Interest Only Investment | |||
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | ||
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates (Investment) $100,000 and above |
||||
| 1 year fixed rate | 2.99% pa |
3.92% pa |
2.99% pa |
3.48% pa |
| 2 year fixed rate | 2.79% pa |
3.81% pa |
2.99% pa |
3.44% pa |
| 3 year fixed rate | 2.79% pa |
3.73% pa |
2.99% pa |
3.40% pa |
| 5 year fixed rate | 3.09% pa |
3.69% pa |
3.39% pa |
3.49% pa |
Professional Package Lines of Credit
Effective 16 February 2017
| Loan type | Principal and Interest | Interest Only | ||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Lines of Credit (credit balances) | ||||
| From $0 to less than $20,000 | 0.00% pa | Not applicable | 0.00% pa | Not applicable |
| From $20,000 and over | 0.25% pa | Not applicable | 0.25% pa | Not applicable |
Cheque book available on lines of credit only. Credit interest applies to all lines of credit. Professional Package eligibility - total borrowings with AMP Bank must exceed $100,000. An Annual fee of $349 is payable in advance at settlement and on each anniversary date of the Professional Package loan.
(i) Rates are subject to change.
(ii) The comparison rate is calculated for a secured loan on a loan amount of $150,000 over a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(iii) Rates are for new loans only. Approval is subject to AMP Bank guidelines. Other fees and charges apply. Full details are available in the Fees and charges guide. Terms and conditions are available on request.
(iv)View a full list of Reference Rates and their values.
(v) For new home loan applications received from Thursday 28 May 2020. AMP Bank reserves the right to terminate the offer at any time. Applications subject to credit approval. Fees and charges may be payable.
Basic Package investment new business rates & fees
Effective 27 March 2020
| Loan type | Principal and Interest | Interest Only | ||
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan | ||||
| Basic variable rate loan(iii) (Investment) | 3.68% pa | 3.73% pa | 3.94% pa | 3.82% pa |
| Reference Rate(iv) | Basic Reference Rate Investment | Basic Reference Rate Interest Only Investment | ||
Effective 27 March 2019
| Loan type | Principal and Interest | Interest Only | ||
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rate loans | ||||
| Basic 1 year fixed rate (Investment) | 4.64% pa | 3.82% pa | 4.84% pa | 3.83% pa |
| Basic 2 year fixed rate (Investment) | 4.57% pa | 3.89% pa | 4.77% pa | 3.92% pa |
| Basic 3 year fixed rate (Investment) | 3.99% pa | 3.81% pa | 5.07% pa | 4.08% pa |
| Basic 5 year fixed rate (Investment) | 5.18% pa | 4.35% pa | 5.38% pa | 4.40% pa |
(i) Rates are subject to change. Fees and charges are payable. Terms and conditions apply. Approval is subject to AMP Bank guidelines.
(ii)Comparison rates have been calculated for a secured loan on a loan amount of $150,000 for a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(iii) Available for new loans only.
(iv) View a full list of Reference Rates and their values.
Other fees and charges apply. Full details are available in the Fees and charges guide.
AMP Essential Home Loan investment new business rates and fees
AMP Essential Home Loan (Investment)
Effective 27 March 2020
| Loan type | Principal and Interest |
||
| LVR | Interest rate(i) | Comparison rate(ii) | |
| AMP Essential Home Loan (Investment)(iii) | |||
| $100,000 and above | LVR <90% + LMI | 4.59% pa | 4.62% pa |
| $40,000 to less than $100,000 | LVR <90% + LMI | 4.59% pa | 4.62% pa |
| Reference Rate(iv) | Basic Reference Rate Investment | ||
(i) Rates are subject to change.
(ii) Comparison rate calculated for a secured loan on a loan amount of $150,000 for a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(iii) Available for new loans only.
(iv) View a full list of Reference Rates and their values.
Fees and charges are payable. Terms and Conditions apply. Approval is subject to AMP Bank guidelines.
Construction Loan investment new business rates and fees
Effective 5 August 2020
| Loan type | Principal and Interest | Interest Only | ||
| (LVR ≤90% + LMI) | ||||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Construction Loan(iii) | Not applicable | Not applicable | 3.29% pa | 5.34% pa |
| Reference Rate(iv) | Standard Reference Rate Investment | Standard Reference Rate Interest Only Investment | ||
A Settlement fee of $349 applies. An ongoing fee of $20 each month applies to this loan. Other fees and charges apply. Full details are available in our Home loan fees and charges guide.
(i) Rates are subject to change.
(ii) The comparison rate is calculated for a secured loan on a loan amount of $150,000 over a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rates for construction loans are based on an initial 1 year interest only period with interest payable at the Construction variable rate and a subsequent 24 year principal and interest period with interest payable at the Construction variable rate.
(iii) Rate is for new loans only and subject to change.
(iii) View a full list of Reference Rates and their values.
Other fees and charges apply. Full details are available in the Fees and charges guide.
Land Loan investment new business rates & fees
Effective 27 March 2020
| Loan type | Principal and Interest | Interest Only | ||
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Land Loan(iii) |
5.94% pa | 5.99% pa | 6.39% pa | 6.18% pa |
| Reference Rate(iv) | Standard Reference Rate Investment | Standard Reference Rate Interest Only Investment | ||
A Settlement fee of $349 applies.
(i) Rates are subject to change.
(ii) Comparison rate calculated for a secured loan on a loan amount of $150,000 for a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison.
(iii) Rate is for new loans only and subject to change.
(iv) View a full list of Reference Rates and their values.
Terms and Conditions apply and are available on request. Approval is subject to AMP Bank guidelines.
Available for new home loan customers. Other fees and charges apply. Full details are available in the Home loan fees and charges guide.
Select Package investment new business rates & fees
The Select Package is a special offer only available to eligible corporate super members and AMP Limited shareholders.
Investment
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | |||
|---|---|---|---|---|---|
| LVR | Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan(iii) | |||||
| $500,000 and above | LVR <80% (incl LMI) | 2.99% pa |
3.40% pa | 3.29% pa | 3.47% pa |
| LVR >8% <90% + LMI | 3.27% pa |
3.68% pa | Not applicable | Not applicable |
|
| $100,000 to less than $500,000 | LVR <80% (incl LMI) | 3.12% pa |
3.53% pa | 3.33% pa | 3.56% pa |
| LVR >8% <90% + LMI | 3.61% pa |
4.01% pa | Not applicable |
Not applicable |
|
| Reference Rate(iv) | Standard Reference Rate Investment | Standard Reference Rate Interest Only Investment | |||
| Line of Credit(iii) | |||||
| $500,000 and above | LVR <80% (incl LMI) | Not applicable | Not applicable | 3.49% pa |
Not applicable |
| $100,000 to less than $500,000 | LVR <80% (incl LMI) | Not applicable | Not applicable | 3.53% pa |
Not applicable |
| Reference Rate(iv) |
Line Of Credit Reference Rate Investment | Line of Credit Reference Rate Interest Only Investment |
|||
Effective 8 September 2020
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates $100,000 and above | ||||
| 1 year fixed rate | 2.99% pa | 3.93% pa | 2.99% pa | 3.49% pa |
| 2 year fixed rate | 2.79% pa | 3.82% pa | 2.99% pa | 3.45% pa |
| 3 year fixed rate | 2.79% pa | 3.74% pa | 2.99% pa | 3.41% pa |
| 5 year fixed rate | 3.09% pa | 3.70% pa | 3.39% pa | 3.50% pa |
Select Package Lines of Credit - credit balances
Effective 16 February 2017
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Lines of Credit (credit balances) | ||||
| From $0 to less than $20,000 | 0.00% pa | Not applicable | 0.00% pa | Not applicable |
| From $20,000 and over | 0.25% pa | Not applicable |
0.25% pa | Not applicable |
Cheque book available on Lines of Credit only. Credit interest applies to all Lines of Credit. A Settlement fee of $349 applies to all home loans listed above. An annual fee of $349 is payable on each anniversary date. Loans from $100,000 and above.
(i) Rates are subject to change.
(ii) The comparison rate is calculated for a secured loan on a loan amount of $150,000 over a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(iii) Rates are for new loans only.
(iv) View a full list of Reference Rates and their values.
(v) For new home loan applications received from Thursday 28 May 2020. AMP Bank reserves the right to terminate the offer at any time. Applications subject to credit approval. Fees and charges may be payable.
AMP First Investment Home Loan new business interest rates & fees
The AMP First Home Loan is a special offer only available to AMP shareholders, AMP employees, AMP Life employees and is also available to other client groups who apply directly through AMP Bank. Complete the online enquiry form to request more information about the AMP First Home Loan and for an AMP Bank direct sales team member to contact you.
Investment Property loans
Effective 6 July 2020
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan | 3.14% pa |
3.14% pa | 3.34% pa | 3.22% pa |
| Reference Rate(iii) |
AMP First Reference Rate Investment | AMP First Reference Rate Interest Only Investment |
||
| Line of Credit | Not applicable | Not applicable | 3.54% pa |
Not applicable |
| Reference Rate(iii) | AMP First Line Of Credit Reference Rate Investment | AMP First Line Of Credit Reference Rate Interest Only Investment | ||
Effective 28 May 2020
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90% + LMI) | (LVR <80% incl LMI) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates | ||||
| 1 year fixed rate | 2.99% pa | 3.13% pa | 2.99% pa | 3.13% pa |
| 2 year fixed rate | 2.64% pa | 3.06% pa | 2.89% pa | 3.10% pa |
| 3 year fixed rate | 2.64% pa | 3.02% pa | 2.89% pa | 3.08% pa |
| 5 year fixed rate | 3.09% pa | 3.12% pa | 3.39% pa | 3.24% pa |
Effective 16 February 2017
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Line of Credit (credit balances) |
||||
| From $0 to less than $20,000 |
0.00% pa | Not applicable |
0.00% pa | Not applicable |
| From $20,000 and over |
0.25% pa | Not applicable |
0.25% pa | Not applicable |
(i) Rates are subject to change
(ii) Comparison rate calculated for a secured loan on a loan amount of $150,000 for a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees of other loan amounts might result in a different comparison rate.
(iii) View a full list of Reference Rates and their values
Important information
The product issuer and credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit licence 234517.
It’s important to consider your circumstances and read the relevant Product Disclosure Statement or Terms and Conditions before deciding what’s right for you. This information hasn’t taken your circumstances into account. Information including interest rates is subject to change without notice.
Any application is subject to AMP Bank’s approval. Terms and conditions apply and are available at amp.com.au/bankterms or 13 30 30. Fees and charges may be payable.
This information is provided by AMP Bank Limited. Read our Financial Services Guide available at amp.com.au/fsg for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you. All information on this website is subject to change without notice.
AMP Bank is a member of the Australian Banking Association (ABA) and is committed to the standards in the Banking Code of Practice.