AMP Basic Variable Rate Loan
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AMPAMP has been helping Australians reach their financial goals for more than 150 years, but you might be more familiar with the AMP brand for super and investments rather than banking. AMP Banking is a nifty new way of branchless banking that offers top of the line home loans, savings accounts, credit cards and everyday bank accounts. Whether you’re starting your career, starting a family or just want to get ahead financially, AMP can help. |
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Customer ratingsclick to open
| AMP Basic Variable Rate Loan | ||
| Overall Customer Rating | 6.6#11 BASED ON 40 REVIEWS |
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| Price Rating | 6.9 | |
| Features Rating | 6.3 | |
| Service Rating | 6.1 | |
| Convenience Rating | 6.4 | |
| Trust Rating | 6.7 | |
| What next? |
Ratesclick to open
| AMP Basic Variable Rate Loan | ||
| Variable Rate | 6.49% | |
| Intro Rate | ||
| Intro Rate Term | ||
| Intro Rate Type | ||
| Comparison Rate* | 6.51% | |
| Fixed 1 Year Rate | ||
| Fixed 2 Year Rate | ||
| Fixed 3 Year Rate | ||
| Fixed 4 Year Rate | ||
| Fixed 5 Year Rate | ||
| Fixed 7 Year Rate | ||
| Fixed 10 Year Rate | ||
| Fixed Loan Revert Rate | ||
| What next? |
*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for $150,000 over 25 years, and applies only to this example. Fixed rate loans assume a 3 year fixed term. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
**Total interest and fees over 0 years
Feesclick to open
| AMP Basic Variable Rate Loan | ||
| Application Fee | ||
| Legal Fee | ||
| Valuation Fee | ||
| Settlement Fee | $250.00 | |
| Other upfront fee (% of loan) | ||
| Service Fee | $0.00 | |
| Exit Fee | $350.00 | |
| What next? |
Other financial bitsclick to open
| AMP Basic Variable Rate Loan | ||
| Minimum Loan Amount | $40,000.00 | |
| Maximum Loan Amount | $2,000,000.00 | |
| What next? |
Featuresclick to open
| AMP Basic Variable Rate Loan | ||
| Repayment Frequency | Weekly, Fortnightly, Monthly | |
| Extra Repayments | yes | |
| Repayment Holidays | ||
| Redraw Facility | yes | |
| Minimum Redraw Amount | ||
| Split Account | yes | |
| Offset Account | yes | |
| Other Restrictions | Available for new business only | |
| Other Benefits | ||
| What next? |
Most recent reviews of AMP home loans
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Overall Rating
9 -
Pricing
8 -
Product Features
8 -
Customer Service
10 -
Convenience
10 -
Trust
10
Competitive rates, easy to interact online etc. – Jodie from Tasmania, an AMP home loan customer. Reviewed 12 days ago
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Overall Rating
8 -
Pricing
6 -
Product Features
6 -
Customer Service
8 -
Convenience
7 -
Trust
-
Friendly people, no hassles. – Erin from Australian Capital Territory, an AMP home loan customer. Reviewed 27 days ago
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Overall Rating
9 -
Pricing
9 -
Product Features
10 -
Customer Service
8 -
Convenience
8 -
Trust
8
Online banking, offset account, able to split loan. – Garreth from Victoria, an AMP home loan customer. Reviewed 2 months ago
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Overall Rating
1 -
Pricing
3 -
Product Features
2 -
Customer Service
1 -
Convenience
3 -
Trust
1
Had a bad experience which the bank did not handle well. – Odette from Western Australia, an AMP home loan customer. Reviewed 2 months ago
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Overall Rating
7 -
Pricing
7 -
Product Features
8 -
Customer Service
9 -
Convenience
7 -
Trust
7
I like the flexibility of the online banking and that I can deposit at Australia Post - their adviser has been so helpful!! – Cathy from South Australia, an AMP home loan customer. Reviewed 3 months ago
See all AMP home loan reviews
Find more home loans by visiting our compare home loans page.
AMP also offers the following Home loans
- Line of Credit (Professional Package)
- Variable Rate Loan (Professional Package )
- Line of Credit (Professional Package )
- Fixed Rate Loan
- Variable Rate Loan (Professional Package )
- Introductory 1 Year Fixed Rate Loan
- Variable Rate Loan (Professional Package )
- Line of Credit (Professional Package)
- Line of Credit (Professional package )
- Variable Rate loan (Professional Package )
- Classic Line of Credit
- Classic Variable Rate
- Fixed Rate Loan (Professional Package)
- Fixed Rate Loan (Professional Package)
- Fixed Rate Loan (Professional Package)
- Fixed Rate Loan (Professional Package)
- Introductory Variable Rate Loan (Professional Package )
- Introductory Variable Rate Loan (Professional Package )
- Introductory Variable Rate Loan (Professional Package )
- Introductory Classic Variable Rate
- Introductory Variable Rate Loan (Professional Package )
- Introductory 1 Year Fixed Rate Loan (Professional Package)
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