We know you'll be working hard on your home, so let our home loans work harder for you

Reduce interest with an offset account

Open up to 10 offset accounts to help reduce your interest and manage your repayments.

Unlimited repayments on all variable loans

Make unlimited repayments on variable rate home loans, and up to $10,000 a year on fixed rate loans.

Fixed and variable rate options

Make your home loan work harder for you with a choice of fixed or variable rates, or a combination of both.

Flexible repayment options

Choose between weekly, fortnightly, or monthly repayments to help manage cash flow, reduce interest or pay your loan off sooner.

Redraw

Request to redraw money you've paid above the minimum repayments required on our variable home loans.

Access extra funds

Access extra funds when you need to, with AMP home loan master limit*, line of credit and increase options.

Fast, hassle-free, approvals

We provide same day approval to eligible borrowers.**

Current rates

See how much you could save with our refinance calculator


Owner occupied rates

Variable interest rates

Effective 

Loan type    Principal and Interest Interest Only
  LVR Interest rate(i) Comparison rate(ii) Interest rate(i)
 Comparison rate(ii)
Variable rate loan (Owner Occupied) (iii)    
$1,000,000 and above
 LVR ≤60% % pa % pa % pa
 % pa
LVR ≤80% % pa % pa % pa % pa
LVR <90% + LMI % pa % pa n/a
 n/a
$500,000 to less than $1,000,000 LVR ≤60% % pa % pa % pa % pa
LVR ≤80% % pa % pa % pa % pa
LVR ≤90% + LMI % pa % pa n/a
 n/a
$100,000 to less than $500,000 LVR ≤60% % pa % pa % pa % pa
LVR ≤80% % pa % pa % pa % pa
LVR ≤90% + LMI % pa % pa n/a
 n/a
Construction          
$500,000 and above LVR ≤90% + LMI n/a
 n/a
 % pa % pa
$100,000 to less than $500,000 LVR ≤90%  + LMI n/a
 n/a
 % pa % pa
Reference Rate(iv)   Standard Reference Rate Standard Reference Rate Interest Only
Line of credit(iii) 
$1,000,000 and above LVR ≤80% n/a
 n/a
 % pa % pa
$500,000 to less than $1,000,000 LVR ≤80% n/a
 n/a
 % pa % pa
$100,000 to less than $500,000 LVR ≤80% n/a
 n/a
 % pa % pa
Reference Rate(iv)   Line Of Credit Reference Rate Line of Credit Reference Rate Interest Only

 

Fixed interest rates


Effective 

Loan type     Principal and Interest  Interest Only
  LVR Interest rate(i) Comparison rate(ii) Interest rate(i) Comparison rate(ii)
Fixed rates (Owner Occupied) $100,000 and above
1 year fixed rate LVR ≤80% % pa
 % pa
 % pa
 % pa
LVR ≤90% + LMI % pa % pa n/a
 n/a
2 year fixed rate LVR ≤80% % pa
 % pa
 % pa
 % pa
LVR ≤90% + LMI % pa % pa n/a
 n/a
3 year fixed rate LVR ≤80% % pa
 % pa
 % pa
 % pa
LVR ≤90% + LMI % pa % pa n/a
 n/a
5 year fixed rate LVR ≤80% % pa
 % pa
 % pa
 % pa
LVR ≤90% + LMI % pa % pa n/a
 n/a


Investment rates

Variable interest rates

Effective 

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)
$1,000,000 and above LVR ≤60% % pa % pa % pa % pa
LVR ≤80% % pa % pa % pa % pa
LVR ≤90%
 % pa % pa n/a
 n/a
$500,000 to less than $1,000,000
 LVR ≤60% % pa
 % pa
 % pa
 % pa
LVR ≤80% % pa
 % pa
 % pa % pa
LVR <90%  % pa
 % pa
 n/a
 n/a
$100,000 to less than $500,000 LVR ≤60% % pa % pa % pa % pa
LVR ≤80% % pa % pa % pa
 % pa
LVR ≤90% % pa % pa n/a
 n/a
Construction      
$500,000 and above  LVR ≤60% n/a
 n/a
 % pa
 % pa
LVR ≤90% n/a
 n/a
 % pa % pa
$100,000 to less than $500,000 LVR ≤90%

 n/a
 n/a
 % pa % pa
Reference Rate(iv)   Standard Reference Rate Investment Standard Reference Rate Interest Only Investment
Line of Credit (Investment) (iii)
$1,000,000 and above LVR ≤60% n/a
 n/a
 % pa
 % pa
LVR ≤80% n/a
 n/a
 % pa % pa
$500,000 to less than $1,000,000 LVR ≤60% n/a
 n/a
 % pa % pa
LVR ≤80% n/a
 n/a
 % pa % pa
$100,000 to less than $500,000 LVR ≤80% n/a
 n/a
 % pa
 % pa
Reference Rate(iv)   Line Of Credit Reference Rate Investment Line Of Credit Reference Rate Interest Only Investment
 

Fixed interest rates


Effective 

Loan type   Principal and Interest Interest Only
  LVR Interest rate(i) Comparison rate(ii) Interest rate(i) Comparison rate(ii)
Fixed rates (Investment) $100,000 and above
1 year fixed rate LVR ≤80% % pa
 % pa
 % pa
 % pa
LVR ≤90% % pa
 % pa
 n/a
 n/a
2 year fixed rate LVR ≤80% % pa
 % pa
 % pa % pa
LVR ≤90% % pa
 % pa
 n/a
 n/a
3 year fixed rate LVR ≤80% % pa
 % pa
 % pa
 % pa
LVR ≤90% % pa
 % pa
 n/a
 n/a
5 year fixed rate LVR ≤80% % pa
 % pa
 % pa
 % pa
LVR ≤90%  % pa
 % pa
 n/a
 n/a

Fees

Application fee $0
Valuation fee3 $0
Settlement fee $0
Monthly fee $0
Annual fee $349
Redraw fee $0

Other up-front fees apply, such as our solicitor’s fee and government-imposed fees which include stamp duty, mortgage registration fee, and title transfer fee. These are illustrated in our Fees & Charges guide. An estimate will be provided in the digital application form.

Calculate an estimate of stamp duty and other government fees.

Calculators

See all home loan calculators

Discover your borrowing power

See how much you could borrow based on your income and expenses.

Estimate your loan repayments

Get a clear idea of your monthly repayments and ways to reduce your interest.

Home loan refinance calculator

Enter your current loan details to see how much you could save by refinancing.

Let us work hard for you...

Whether you’re purchasing a home, refinancing, or want to know how much you can borrow, our local home loan specialists are here to help.
 

Book an appointment

Have one of our Home Lending specialists call at a time that works for you.

Book appointment
Contact us directly

New home loan enquiries: 1300 534 325

All other home loan enquiries: 13 30 30

Call now

What you need to know

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. Full details are available in the Fees and charges guide.

AMP Bank is a member of the Australian Banking Association (ABA) and is committed to the standards in the Banking Code of Practice. 

A target market determination for these products is available on our TMD page

1 Owner Occupied Professional Package variable rate loan, $1,000,000 and above, LVR ≤60%, P&I repayments. Rate is for new loans only and is subject to change.

2 Investment Professional Package variable rate loan, $1,000,000 and above, LVR ≤60%, P&I repayments. Rate is for new loans only and is subject to change.

3 Valuation fee is free up to the value of $550.


(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.

* The Master Limit feature is an overall lending limit that is available for a borrower’s financing needs, now and in the future. It can provide flexibility to borrowers to restructure their debts. Product specific rules apply. Request to add Master Limit may be approved on a new loan application, or an existing loan with payment of $299 variation fee. Approval subject to AMP Bank guidelines. Excludes Land Loans, Basic Package and AMP Essential Home Loan. Contact AMP Bank on 13 30 30 for more information.

** In many cases a conditional approval will be provided immediately after submission. The time to receive a full unconditional approval will vary. Where only identification is required, an immediate response to our SMS to complete this could result in an unconditional approval within an hour. Unconditional approval could take longer if we need to seek clarifications from you, or if we need to undertake a physical inspection of your property. The speed of response is also dependant on the time a second applicant takes to confirm their application details, and for all applicants to complete the biometric ID check.