Interest rates & fees

Home loans

We offer a range of home loans to choose from with different features and benefits, so there’s something for everyone.

Owner Occupied loans

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan(iii)                                            
$100,000 to $249,999 4.22% pa 4.58% pa
$250,000 to $749,999 3.89% pa 4.25% pa
$750,000 and above 3.85% pa 4.22% pa
Line of Credit(iii)    
$100,000 to $249,999 4.42% pa Not applicable
$250,000 to $749,999 4.09% pa Not applicable
$750,000 and above 4.05% pa Not applicable

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Fixed rates  $100,000  and above                       
1 Year Fixed Rate 4.35% pa 4.62% pa
2 Year Fixed Rate 4.28% pa 4.64% pa
3 Year Fixed Rate 4.28% pa 4.67% pa
5 Year Fixed Rate 4.59% pa 4.85% pa


Professional Package Lines of Credit - credit balances

Effective 22 May 2015

Loan type Interest rate(i) Comparison rate(ii)
Lines of Credit (credit balances)    
From $0 to less than $20,000 0.00% pa n/a
From $20,000 and over 0.25% pa n/a

Cheque book available on lines of credit only. Credit interest applies to all lines of credit. The Establishment fee of $350 will be waived for all applications with a loan-to-value ratio of 90% or less. 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. An Application fee of $350 and a Settlement fee of $250 are both currently waived.

(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.

 

Effective 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan    
Basic variable rate loan(iii) 3.98% pa 4.02% pa

Effective 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
Fixed rate loans    
Basic 1 year fixed rate 4.35% pa 4.05% pa
Basic 2 year fixed rate 4.28% pa 4.07% pa
Basic 3 year fixed rate 4.28% pa 4.10% pa
Basic 5 year fixed rate 4.59% pa 4.27% pa

The Establishment fee of $350 is waived for all applications with a LVR of 90% or less.

(i) Rates are subject to change. Fees and charges are payable. Terms and conditions apply and are available on request. 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. Other fees and charges apply. Full details are available in the Fees and charges guide.

AMP Essential Home Loan (owner occupied)

Effective 10 October 2016

Loan type Interest rate(i) Comparison rate(ii)
AMP Essential Home Loan(iii) 3.98% pa  4.00% pa
Special Offer(iv):
for borrowings from $500,000 to less than $750,000
with a loan to value ratio of less than or equal to 90%
3.78% pa 3.80% pa


The standard Establishment fee of $350 and Settlement fee of $250 are both currently waived.

(i) Rates are subject to change. Special Offer for a limited time only. AMP Bank reserves the right to withdraw at any time.
(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) Special offer is for new Owner Occupied loans only and available for a limited time.

Information correct as at 7 October 2016 and subject to change without notice. Fees and charges are payable. Terms and Conditions apply and are available on request. Approval is subject to AMP Bank guidelines.

Effective 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan    
Introductory Classic variable rate loan(iii) 4.43% pa 5.51% pa
Classic variable rate loan 5.43% pa 5.61% pa
Line of credit    
Classic line of credit 5.63% pa Not applicable

Effective 19 August 2016

Loan type                                                        Interest rate(i) Comparison rate(ii)
Fixed rates                                            
1 year fixed rate 4.70% pa 5.53% pa
2 year fixed rate 4.70% pa 5.47% pa
3 year fixed rate 4.70% pa 5.40% pa
5 year fixed rate 5.14% pa 5.48% pa

Effective 22 May 2015

Line of credit (credit balances)               Interest rate(i) Comparison rate(ii)
From $0 to less than $20,000 0.00% pa Not applicable
From $20,000 and over 0.25% pa Not applicable

Cheque book available on Lines of credit only. Credit interest applies to all Lines of credit. The Establishment fee of $350 and settlement fee of $250 applies to all home loans listed 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) Available for new loans with a single, owner occupied security 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.

Effective 19 August 2016

Loan type

Interest rate(i)

Comparison rate(ii)

Construction Loan

5.43% pa

5.61% pa

An Establishment fee of $350 and a Settlement fee of $250 applies. A fee of $100 is applied at the time of each progress payment. An ongoing fee of $10 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) 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.

Effective 19 August 2016

Loan type Interest Rate(i) Comparison rate(ii)
Land Loan 5.43% pa 5.49% pa
  • An Establishment fee of $350 and a Settlement fee of $250 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.
  • 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.

 

The Select Package is a special offer only available to eligible corporate super members and AMP Limited shareholders.

 

Owner Occupied

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan(iii)                                            
$100,000 to $249,999 4.22% pa 4.60% pa
$250,000 to $749,999 3.89% pa 4.28% pa
$750,000 and above 3.85% pa 4.24% pa
Line of Credit(iii)    
$100,000 to $249,999 4.42% pa Not applicable
$250,000 to $749,999 4.09% pa Not applicable
$750,000 and above 4.05% pa Not applicable

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Fixed rates  $100,000 and above                           
1 Year Fixed Rate 4.35% pa 4.61% pa
2 Year Fixed Rate 4.28% pa 4.61% pa
3 Year Fixed Rate 4.28% pa 4.62% pa
5 Year Fixed Rate 4.59% pa 4.75% pa

Cheque book availabel on Lines of Credit only. Credit interest applies to all Lines of Credit. A Settlement fee of $350 applies to all home loans listed above. An annual fee of $349 is payable on each anniversery date. Loans from $100,000 and above.

(i) Rates are subject to change
(ii) Comparison Rate calculated on a loan amount of $150,000 over a 25-year term. WARNING: This comparison rate is true 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.

The AMP First Home Loan is a special offer only available to AMP shareholders and AMP employees 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 19 August 2015

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan                                         3.75% pa 3.75% pa
Line of Credit 3.95% pa Not applicable

Effective 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
Fixed rates                                                      
1 Year Fixed Rate 4.25% pa 3.80% pa
2 Year Fixed Rate 4.18% pa 3.83% pa
3 Year Fixed Rate 3.89% pa 3.79% pa
5 Year Fixed Rate 4.49% pa 4.05% pa

Effective 22 May 2014

Loan type Interest rate(i) Comparison rate(ii)
Line of Credit (credit balances)                       
From $0 to less than $20,000 0.00% pa n/a
From $20,000 and over 0.25% pa n/a

(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.

Home Loan Key Facts Sheet

A Home Loan Key Facts Sheet provides you with information on standard home loans to enable you to compare similar loans from different lenders. The layout and contents of the Key Facts Sheet is a standard format to make the comparisons easy.

The Key Facts Sheet contains key facts about a standard home loan and includes the interest rates and standard fees, the cost of the loan, repayments and even how your repayments can be impacted by a change to interest rates.

Generating a Key Facts Sheet for the AMP First Home Loan

To generate a Key Facts Sheet you will need to access the Key Facts Sheet tool and enter the following information:

  • loan amount
  • term of Loan (maximum 30 years)
  • interest type (Fixed or Variable)
  • select the applicatble loan from the dropdown list.

Once you have entered this information, select the Go button and the Key Facts Sheet will be displayed on your screen. You can choose to print or download the Key Facts Sheet. If you need to change any of the details, you can select the Change loan details button and start again.

Key Facts Sheet tool

Investment loans

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan (Investment)                                            
$100,000 to $249,999 4.22% pa 4.58% pa
$250,000 to $749,999 3.99% pa 4.35% pa
$750,000 and above 3.99% pa 4.35% pa
Line of Credit (Investment) (iii)    
$100,000 to $249,999 4.42% pa Not applicable
$250,000 to $749,999 4.19% pa Not applicable
$750,000 and above 4.19% pa Not applicable

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Fixed rates (Investment) $100,000+                                
1 Year Fixed Rate 4.64% pa 4.59% pa
2 Year Fixed Rate 4.57% pa 4.59% pa
3 Year Fixed Rate 4.57% pa 4.59% pa
5 Year Fixed Rate 4.88% pa 4.73% pa

Professional Package Lines of Credit

Effective 22 May 2015

Loan type Interest rate(i) Comparison rate(ii)
Lines of Credit (credit balances)                                      
From $0 to less than $20,000 0.00% pa n/a
From $20,000 and over 0.25% pa n/a

Cheque book available on lines of credit only. Credit interest applies to all lines of credit. The Establishment fee of $350 will be waived for all applications with a loan-to-value ratio of 90% or less. 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. An Application fee of $350 and a Settlement fee of $250 are both currently waived.

(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 onlyApproval 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.

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan    
Basic variable rate loan (Investment)(iii) 4.06% pa 4.10% pa

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Fixed rate loans    
Basic 1 year fixed rate (Investment) 4.64% pa 4.15% pa
Basic 2 year fixed rate (Investment) 4.57% pa 4.19% pa
Basic 3 year fixed rate (Investment) 4.57% pa 4.23% pa
Basic 5 year fixed rate (Investment) 4.88% pa 4.44% pa

The Establishment fee of $350 is waived for all applications with a LVR of 90% or less.

(i) Rates are subject to change. Fees and charges are payable. Terms and conditions apply and are available on request. 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. Other fees and charges apply. Full details are available in the Fees and charges guide.

AMP Essential Home Loan (investment)

Effective 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
AMP Essential Home Loan (Investment)(iii) 4.37% pa  4.39% pa

The standard Establishment fee of $350 and Settlement fee of $250 are both currently waived.

(i) Rates are subject to change. Special Offer for a limited time only. AMP Bank reserves the right to withdraw at any time.
(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.

Information correct as at 20 May 2016 and subject to change without notice. Fees and charges are payable. Terms and Conditions apply and are available on request. Approval is subject to AMP Bank guidelines.

Effective 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan (Investment)    
Introductory Classic variable rate loan                     4.72% pa 5.79% pa
Classic variable rate loan 5.72% pa 5.89% pa
Line of credit (Investment)    
Classic line of credit 5.92% pa Not applicable

Effective 19 August 2016

Loan type                                                     Interest rate(i) Comparison rate(ii)
Fixed rates (Investment)                             
1 year fixed rate 5.17% pa 5.84% pa
2 year fixed rate 5.17% pa 5.79% pa
3 year fixed rate 5.17% pa 5.74% pa
5 year fixed rate 5.61% pa 5.85% pa

Effective 22 May 2015

Line of credit (credit balances)               Interest rate(i) Comparison rate(ii)
From $0 to less than $20,000 0.00% pa Not applicable
From $20,000 and over 0.25% pa Not applicable

Cheque book available on Lines of credit only. Credit interest applies to all Lines of credit. The Establishment fee of $350 and settlement fee of $250 applies to all home loans listed 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.


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.

Effective 19 August 2016

Loan type

Interest rate(i)

Comparison rate(ii)

Construction Loan

5.72% pa

5.89% pa

An Establishment fee of $350 and a Settlement fee of $250 applies. A fee of $100 is applied at the time of each progress payment. An ongoing fee of $10 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) 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.

Effective 19 August 2016

Loan type Interest Rate(i) Comparison rate(ii)
Land Loan 5.72% pa 5.78% pa
  • An Establishment fee of $350 and a Settlement fee of $250 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.
  • 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.

Effective 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan                     
AMP SuperEdge loan 5.57% pa 5.83% pa

Effective 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
Fixed rate loans    
AMP SuperEdge 1 year fixed rate 5.29% pa 5.80% pa
AMP SuperEdge 2 year fixed rate 5.29% pa 5.78% pa
AMP SuperEdge 3 year fixed rate 5.29% pa 5.75% pa
AMP SuperEdge 5 year fixed rate 5.59% pa 5.84% pa

(i) Rates are subject to change. Fees and charges are payable. Terms and conditions apply and are available on request. 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.
Other fees and charges apply. Full details are available in the Fees and charges guide.

 

The Select Package is a special offer only available to eligible corporate super members and AMP Limited shareholders.

Investment

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan(iii)                                            
$100,000 to $249,999 4.22% pa 4.60% pa
$250,000 to $749,999 3.99% pa 4.38% pa
$750,000 and above 3.99% pa 4.38% pa
Line of Credit(iii)    
$100,000 to $249,999 4.42% pa Not applicable
$250,000 to $749,999 4.19% pa Not applicable
$750,000 and above 4.19% pa Not applicable

Effective 19 September 2016

Loan type Interest rate(i) Comparison rate(ii)
Fixed rates  $100,000 and above                           
1 Year Fixed Rate 4.64% pa 4.64% pa
2 Year Fixed Rate 4.57% pa 4.66% pa
3 Year Fixed Rate 4.57% pa 4.69% pa
5 Year Fixed Rate 4.88% pa 4.87% pa

Select Package Lines of Credit credit balances

Effective 22 May 2015

Loan type Interest rate(i) Comparison rate(ii)
Lines of Credit (credit balances)    
From $0 to less than $20,000 0.00% pa n/a
From $20,000 and over 0.25% pa n/a

Cheque book availabel on Lines of Credit only. Credit interest applies to all Lines of Credit. A Settlement fee of $350 applies to all home loans listed above. An annual fee of $349 is payable on each anniversery date. Loans from $100,000 and above.

(i) Rates are subject to change
(ii) Comparison Rate calculated on a loan amount of $150,000 over a 25-year term. WARNING: This comparison rate is true 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.

The AMP First Home Loan is a special offer only available to AMP shareholders and AMP employees 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 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
Variable rate loan                                                    4.04% pa 4.04% pa
Line of Credit 4.24% pa Not applicable

Effective 19 August 2016

Loan type Interest rate(i) Comparison rate(ii)
Fixed rates                                                                    
1 Year Fixed Rate 4.54% pa 4.09% pa
2 Year Fixed Rate 4.47% pa 4.12% pa
3 Year Fixed Rate 4.09% pa 4.06% pa
5 Year Fixed Rate 4.78% pa 4.35% pa

Line of Credit - Credit balances

Effective 22 May 2014

Loan type Interest rate(i) Comparison rate(ii)
Line of Credit (credit balances)                                            
From $0 to less than $20,000 0.00% pa n/a
From $20,000 and over 0.25% pa n/a

(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.

Home Loan Key Facts Sheet

A Home Loan Key Facts Sheet provides you with information on standard home loans to enable you to compare similar loans from different lenders. The layout and contents of the Key Facts Sheet is a standard format to make the comparisons easy.

The Key Facts Sheet contains key facts about a standard home loan and includes the interest rates and standard fees, the cost of the loan, repayments and even how your repayments can be impacted by a change to interest rates.

Generating a Key Facts Sheet for the AMP First Home Loan

To generate a Key Facts Sheet you will need to access the Key Facts Sheet tool and enter the following information:

  • loan amount
  • term of Loan (maximum 30 years)
  • interest type (Fixed or Variable)
  • select the applicatble loan from the dropdown list.

Once you have entered this information, select the Go button and the Key Facts Sheet will be displayed on your screen. You can choose to print or download the Key Facts Sheet. If you need to change any of the details, you can select the Change loan details button and start again.

Key Facts Sheet tool

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Important information

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It’s important to consider your particular 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.

This information is provided by AMP Bank Limited. Read our Financial Services Guide 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.

The credit provider and product issuer is AMP Bank Limited, Australian Credit Licence 234517.