Celebrating 10 years of AMP First
We're making AMP First even better with a great low variable rate that starts low and stays low, no annual, monthly, or ongoing fees and the chance to win $20k. Terms and conditions apply.
A great value home loan with no ongoing fees and quarterly rate reviews.
Why AMP First?
No annual, monthly or ongoing fees. Save on solicitor fees, settlement fees, and more…
Our rates are reviewed every 3 months, so whether you’re a new or existing customer you can rest assured knowing your rate starts low and stays low.
Fixed, variable, split/buy, refinance/principal and interest or interest only.
Up to 10 loan splits, redraw facility and offset accounts available.
Make unlimited additional repayments on variable-rate loans. And with fixed-rate loans make an additional $10,000 in repayments each year.
Get complimentary access to a dedicated home loan specialist who will guide you all the way through.
Apply for an AMP First home loan to go into the draw to win $20,000
How to enter: Apply or refinance by 30 June 2024 and settle by 31 August 2024 for your chance to win $20k.
Winner announced 16 September 2024.
How our online application works
- Tell us about your property to see how much you can borrow and what your loan repayments will be.
- Use automated assessment tools to verify your income and expenses and check your credit history.
- Get approval within hours when refinancing a loan.#
When you're buying, we aim to give you conditional approval within 24-48 hours of receiving your application.
Have questions about our online application? See our FAQs →
Ready to apply?
Our application is fast and easy, with a very competitive rate. We’ll validate your application in real time and if eligible, you can get approval within hours.#
Not sure if you're eligible? Contact a home loan specialist →
Calculators
Find out how much you could potentially borrow, and what your monthly repayments could look like.
Find out how much your ongoing mortgage repayments could be, and the amount of interest you’ll need to pay over the life of your home loan.
Find out how much stamp duty you may need to pay for purchasing your home to your state government.
Rates
Interest rates in more detail
AMP First Home Loan (owner occupiers)
The AMP First Home Loan is a special offer only available to AMP shareholders, AMP employees, Resolution Life Australasia 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.
Effective
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90% + LMI) | (LVR <80%) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan | % pa |
% pa | % pa | % pa |
| Construction | n/a | n/a | % pa | % pa |
| Reference Rate(iii) |
AMP First Reference Rate | AMP First Reference Rate Interest Only |
||
| Line of Credit | n/a | n/a | % pa |
% pa |
| Reference Rate(iii) | AMP First Line Of Credit Reference Rate | AMP First Line Of Credit Reference Rate Interest Only | ||
Effective
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90% + LMI) | (LVR <80%) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates | ||||
| 1 year fixed rate | % pa | % pa | % pa | % pa |
| 2 year fixed rate | % pa | % pa | % pa | % pa |
| 3 year fixed rate | % pa | % pa |
% pa | % pa |
| 5 year fixed rate | % pa | % pa | % pa | % 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 |
% pa | n/a | % pa | n/a |
| From $20,000 and over |
% pa | n/a | % 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.
(iii) View a full list of Reference Rates and their values
AMP First Investment Home Loan (property investors)
The AMP First Home Loan is a special offer only available to AMP shareholders, AMP employees, Resolution Life Australasia 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.
Effective
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90%) | (LVR <80%) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan | % pa |
% pa | % pa | % pa |
| Construction | n/a | n/a | % pa | % pa |
| Reference Rate(iii) |
AMP First Reference Rate Investment | AMP First Reference Rate Interest Only Investment |
||
| Line of Credit | n/a | n/a | % pa |
% pa |
| Reference Rate(iii) | AMP First Line Of Credit Reference Rate Investment | AMP First Line Of Credit Reference Rate Interest Only Investment | ||
Effective
| Loan type | Principal and Interest | Interest Only | ||
|---|---|---|---|---|
| (LVR <90%) | (LVR <80%) | |||
| Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates | ||||
| 1 year fixed rate | % pa | % pa | % pa | % pa |
| 2 year fixed rate | % pa | % pa | % pa | % pa |
| 3 year fixed rate | % pa | % pa | % pa | % pa |
| 5 year fixed rate | % pa | % pa | % pa | % 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 |
% pa | n/a | % pa | n/a |
| From $20,000 and over |
% pa | n/a | % 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.
(iii) View a full list of Reference Rates and their values
Support at your fingertips
If you need assistance or have any questions, provide your details and one of our home loan specialists in Australia will get in touch.
New Home Loan enquiries
Call: 1300 534 325
Email: direct_lending@ampbanking.com.au
Mon - Fri 9am - 6pm Sydney time
All other Home Loan enquiries
Call: 13 30 30
Email: info@ampbanking.com.au
Mon - Fri 8am - 8pm
Sat & Sun 9am - 5pm Sydney time
What you need to know
* This interest rate applies to the Owner Occupied variable rate loan, LVR ≤ 90% + LMI, P&I repayments. Other rates apply depending on your loan type. Rates are subject to change.
**The comparison rate is calculated for a secured loan on an 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.
#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 an 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. Most metro postcodes and many regional postcodes are eligible. Ineligible postcodes are likely in remote or higher risk areas. You will be told early in the application form if your postcode is ineligible.
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.
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.
A target market determination for these products is available on our TMD page.