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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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|---|---|---|
| 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? |
| 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
| 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? |
| AMP Basic Variable Rate Loan | ||
| Minimum Loan Amount | $40,000.00 | |
| Maximum Loan Amount | $2,000,000.00 | |
| What next? |
| 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? |
Overall Rating
9Pricing
8Product Features
8Customer Service
10Convenience
10Trust
10Competitive rates, easy to interact online etc. – Jodie from Tasmania, an AMP home loan customer. Reviewed 12 days ago
Overall Rating
8Pricing
6Product Features
6Customer Service
8Convenience
7Trust
-Friendly people, no hassles. – Erin from Australian Capital Territory, an AMP home loan customer. Reviewed 27 days ago
Overall Rating
9Pricing
9Product Features
10Customer Service
8Convenience
8Trust
8Online banking, offset account, able to split loan. – Garreth from Victoria, an AMP home loan customer. Reviewed 2 months ago
Overall Rating
1Pricing
3Product Features
2Customer Service
1Convenience
3Trust
1Had a bad experience which the bank did not handle well. – Odette from Western Australia, an AMP home loan customer. Reviewed 2 months ago
Overall Rating
7Pricing
7Product Features
8Customer Service
9Convenience
7Trust
7I 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.
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