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AMP Bank Fixed Rate Loan (Professional Package)

Advertiser disclosure
The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $499,999 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $499,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $1,000,000 with an LVR below 60%
The details shown below are for an owner occupier taking out a principal & interest loan between $500,000 and $999,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $499,999 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan between $500,000 and $999,999 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $1,000,000 with an LVR below 90%
The details shown below are for an owner occupier taking out a principal & interest loan of at least $1,000,000 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan between $100,000 and $499,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan between $500,000 and $999,999 with an LVR below 80%
The details shown below are for an owner occupier taking out a interest only loan of at least $1,000,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $500,000 and $999,999 with an LVR below 60%
The details shown below are for an investor taking out a principal & interest loan of at least $1,000,000 with an LVR below 60%
The details shown below are for an investor taking out a principal & interest loan between $100,000 and $499,999 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $1,000,000 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $500,000 and $999,999 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan between $500,000 and $999,999 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan between $100,000 and $499,999 with an LVR below 80%
The details shown below are for an investor taking out a interest only loan between $500,000 and $999,999 with an LVR below 80%
The details shown below are for an investor taking out a principal & interest loan of at least $1,000,000 with an LVR below 90%
The details shown below are for an investor taking out a principal & interest loan between $100,000 and $499,999 with an LVR below 90%
The details shown below are for an investor taking out a interest only loan of at least $1,000,000 with an LVR below 80%

Choose the version of this loan that suits you best

Availability Loan type LVR Min loan amount Max loan amount
Owner Occupier Principal & Interest < 60% $100,000 $499,999
Owner Occupier Principal & Interest 60%-80% $100,000 $499,999
Owner Occupier Principal & Interest < 60% $1,000,000
Owner Occupier Principal & Interest < 80% $500,000 $999,999
Owner Occupier Principal & Interest 80%-90% $100,000 $499,999
Owner Occupier Principal & Interest 80%-90% $500,000 $999,999
Owner Occupier Principal & Interest 80%-90% $1,000,000
Owner Occupier Principal & Interest 60%-80% $1,000,000
Owner Occupier Interest Only < 80% $100,000 $499,999
Owner Occupier Interest Only < 80% $500,000 $999,999
Owner Occupier Interest Only < 80% $1,000,000
Investor Principal & Interest < 60% $500,000 $999,999
Investor Principal & Interest < 60% $1,000,000
Investor Principal & Interest 60%-80% $100,000 $499,999
Investor Principal & Interest 60%-80% $1,000,000
Investor Principal & Interest 60%-80% $500,000 $999,999
Investor Principal & Interest 80%-90% $500,000 $999,999
Investor Interest Only 60%-80% $100,000 $499,999
Investor Interest Only 60%-80% $500,000 $999,999
Investor Principal & Interest 80%-90% $1,000,000
Investor Principal & Interest 80%-90% $100,000 $499,999
Investor Interest Only 60%-80% $1,000,000
  • Owner Occupier (Principal & Interest)
    LVR < 60%
    Loan: $100,000 $499,999
  • Owner Occupier (Principal & Interest)
    LVR 60%-80%
    Loan: $100,000 $499,999
  • Owner Occupier (Principal & Interest)
    LVR < 60%
    Loan: $1,000,000
  • Owner Occupier (Principal & Interest)
    LVR < 80%
    Loan: $500,000 $999,999
  • Owner Occupier (Principal & Interest)
    LVR 80%-90%
    Loan: $100,000 $499,999
  • Owner Occupier (Principal & Interest)
    LVR 80%-90%
    Loan: $500,000 $999,999
  • Owner Occupier (Principal & Interest)
    LVR 80%-90%
    Loan: $1,000,000
  • Owner Occupier (Principal & Interest)
    LVR 60%-80%
    Loan: $1,000,000
  • Owner Occupier (Interest Only)
    LVR < 80%
    Loan: $100,000 $499,999
  • Owner Occupier (Interest Only)
    LVR < 80%
    Loan: $500,000 $999,999
  • Owner Occupier (Interest Only)
    LVR < 80%
    Loan: $1,000,000
  • Investor (Principal & Interest)
    LVR < 60%
    Loan: $500,000 $999,999
  • Investor (Principal & Interest)
    LVR < 60%
    Loan: $1,000,000
  • Investor (Principal & Interest)
    LVR 60%-80%
    Loan: $100,000 $499,999
  • Investor (Principal & Interest)
    LVR 60%-80%
    Loan: $1,000,000
  • Investor (Principal & Interest)
    LVR 60%-80%
    Loan: $500,000 $999,999
  • Investor (Principal & Interest)
    LVR 80%-90%
    Loan: $500,000 $999,999
  • Investor (Interest Only)
    LVR 60%-80%
    Loan: $100,000 $499,999
  • Investor (Interest Only)
    LVR 60%-80%
    Loan: $500,000 $999,999
  • Investor (Principal & Interest)
    LVR 80%-90%
    Loan: $1,000,000
  • Investor (Principal & Interest)
    LVR 80%-90%
    Loan: $100,000 $499,999
  • Investor (Interest Only)
    LVR 60%-80%
    Loan: $1,000,000
Fixed 3 year rate
5.99% p.a.
Comparison Rate
6.99% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
5.99% p.a.
Comparison Rate
7.03% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
5.99% p.a.
Comparison Rate
6.44% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
5.99% p.a.
Comparison Rate
6.47% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.19% p.a.
Comparison Rate
7.14% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.19% p.a.
Comparison Rate
6.67% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.19% p.a.
Comparison Rate
6.67% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
5.99% p.a.
Comparison Rate
6.44% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.39% p.a.
Comparison Rate
7.14% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.39% p.a.
Comparison Rate
6.80% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.39% p.a.
Comparison Rate
6.87% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.09% p.a.
Comparison Rate
6.64% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.09% p.a.
Comparison Rate
6.61% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.09% p.a.
Comparison Rate
7.06% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.09% p.a.
Comparison Rate
6.61% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.09% p.a.
Comparison Rate
6.64% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.29% p.a.
Comparison Rate
6.80% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.24% p.a.
Comparison Rate
7.10% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.24% p.a.
Comparison Rate
6.68% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.29% p.a.
Comparison Rate
6.70% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.29% p.a.
Comparison Rate
7.20% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Fixed 3 year rate
6.24% p.a.
Comparison Rate
6.65% p.a.
Service fee
$349.00 yearly
Upfront fee
$295

Mozo editorial review AMP Bank Fixed Rate Loan (Professional Package) - last updated: 23 February 2024

binocular icon
What's hot
  • 5.99% p.a. 3-year fixed rate (6.97% p.a. comparison rate*) for <80% LVR
  • Extra repayments free up to $10,000 p.a.
What's not
  • No redraw or offset account
  • $349 annual service fee
Mozo snapshot

AMP Bank have created a sound product in the Fixed Rate Loan (Professional Package). Rates go as low as 5.99% p.a. (6.97% p.a. comparison rate*) for a 3 year fixed term for borrowers with an LVR of up to 80%. If your LVR is higher (between 80-90%), you can snag rates from 6.19% p.a. (7.08% p.a. comparison rate*) over a three year period (T&Cs apply). These low rates, combined with free repayments of up to $10,000 per year, could make this a great option for homeowners.

key icon
Key features

The Fixed Rate Loan (Professional Package) is available for OO and investment loans between $100,000 and $499,999. There are three rate tiers on offer: one for LVRs up to 60%, one for LVRs up to 80%, and the other for LVRs up to 90%.  

AMP Bank are offering this loan to new and existing customers, but remember there's a hefty $295 upfront legal fee and a yearly $349 service fee, so there are some obstacles to obtaining these relatively low rates. However, for a limited time Professional Package home loans are eligible to receive an annual fee waiver for the life of the loan (T&C apply).

If you prefer a loan with redraw and offset facilities as well as repayment holidays, this might not be your first option. However, AMP Bank does offer some wriggle-room. The loan product can be split, and borrowers can make up to $10,000 in additional repayments each year. There's also the option to schedule repayments weekly, fortnightly or monthly to better suit budgeting plans.


snapshot
Who is it good for

The Fixed Rate Loan (Professional Package) would be tops for a homeowner who is looking to snap up a low rate for a fixed period and have the security of fixed repayments. It may also suit borrowers who have a smaller home deposit, as a 80-90% LVR tier is also available. 

question icon
Any catches

Make sure you budget for those extra fees – you'll be charged $295 up front and $349 annually. Also bear in mind that if your LVR exceeds 80%, you may need to factor in Lenders Mortgage Insurance. 

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (7.19%*)

6.09% (7.10%*)

5.99% (6.99%*)

n/a

6.24% (6.96%*)

n/a

n/a

6.94% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$100,000

$499,999

none

60.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (7.23%*)

6.09% (7.14%*)

5.99% (7.03%*)

n/a

6.24% (6.99%*)

n/a

n/a

6.99% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$100,000

$499,999

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (6.48%*)

6.09% (6.47%*)

5.99% (6.44%*)

n/a

6.24% (6.52%*)

n/a

n/a

6.14% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$1,000,000

none

none

60.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (6.53%*)

6.09% (6.51%*)

5.99% (6.47%*)

n/a

6.24% (6.55%*)

n/a

n/a

6.19% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

$999,999

none

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.39% (7.33%*)

6.29% (7.24%*)

6.19% (7.14%*)

n/a

6.44% (7.12%*)

n/a

n/a

7.07% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$100,000

$499,999

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.39% (6.73%*)

6.29% (6.71%*)

6.19% (6.67%*)

n/a

6.44% (6.75%*)

n/a

n/a

6.39% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

$999,999

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.39% (6.73%*)

6.29% (6.71%*)

6.19% (6.67%*)

n/a

6.44% (6.75%*)

n/a

n/a

6.39% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$1,000,000

none

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (6.48%*)

6.09% (6.47%*)

5.99% (6.44%*)

n/a

6.24% (6.52%*)

n/a

n/a

6.14% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$1,000,000

none

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.44% (7.26%*)

6.39% (7.20%*)

6.39% (7.14%*)

n/a

6.59% (7.14%*)

n/a

n/a

6.99% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$100,000

$499,999

none

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.44% (6.82%*)

6.39% (6.81%*)

6.39% (6.80%*)

n/a

6.59% (6.87%*)

n/a

n/a

6.49% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

$999,999

none

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.44% (6.91%*)

6.39% (6.88%*)

6.39% (6.87%*)

n/a

6.59% (6.92%*)

n/a

n/a

6.59% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$1,000,000

none

none

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (6.71%*)

6.09% (6.67%*)

6.09% (6.64%*)

n/a

6.34% (6.70%*)

n/a

n/a

6.39% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

$999,999

none

60.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (6.66%*)

6.09% (6.63%*)

6.09% (6.61%*)

n/a

6.34% (6.68%*)

n/a

n/a

6.34% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$1,000,000

none

none

60.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (7.23%*)

6.09% (7.14%*)

6.09% (7.06%*)

n/a

6.34% (7.03%*)

n/a

n/a

6.99% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$100,000

$499,999

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (6.66%*)

6.09% (6.63%*)

6.09% (6.61%*)

n/a

6.34% (6.68%*)

n/a

n/a

6.34% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$1,000,000

none

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.19% (6.71%*)

6.09% (6.67%*)

6.09% (6.64%*)

n/a

6.34% (6.70%*)

n/a

n/a

6.39% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

$999,999

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.39% (6.86%*)

6.29% (6.82%*)

6.29% (6.80%*)

n/a

6.54% (6.87%*)

n/a

n/a

6.54% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

$999,999

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.39% (7.26%*)

6.24% (7.17%*)

6.24% (7.10%*)

n/a

6.49% (7.10%*)

n/a

n/a

6.99% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$100,000

$499,999

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.39% (6.73%*)

6.24% (6.70%*)

6.24% (6.68%*)

n/a

6.49% (6.77%*)

n/a

n/a

6.39% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

$999,999

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.39% (6.73%*)

6.29% (6.71%*)

6.29% (6.70%*)

n/a

6.54% (6.79%*)

n/a

n/a

6.39% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$1,000,000

none

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.39% (7.36%*)

6.29% (7.27%*)

6.29% (7.20%*)

n/a

6.54% (7.18%*)

n/a

n/a

7.11% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$100,000

$499,999

80.00%

90.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 20 June 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

n/a

n/a

n/a

n/a

6.39% (6.68%*)

6.24% (6.66%*)

6.24% (6.65%*)

n/a

6.49% (6.74%*)

n/a

n/a

6.34% p.a.

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$1,000,000

none

60.00%

80.00%

Features

Weekly, Fortnightly, Monthly

yes - free up to $10,000 p.a.

none

no

none

yes

no

AMP Bank will only cover valuation fees up to $550.

none

none

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are AMP Bank home loans rated by the Mozo community?

Overall
6.1/10
Price
6.7/10
Features
6.2/10
Customer service
6.1/10
Convenience
5.5/10
Trust
6.2/10
Based on 230 AMP Bank home loan reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Latest reviews of AMP Bank Fixed Rate Loan (Professional Package) Home Loan

About AMP Bank

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.25% p.a.
fixed 3 years

6.20% p.a.

Thumbnail icon for loans.com.au
loans.com.au

Variable Home Loan 90

6.04% p.a. variable

6.06% p.a.

Thumbnail icon for Police Credit Union
Police Credit Union

The Better Home Loan (Special Offer)

6.14% p.a. variable

6.14% p.a.

Thumbnail icon for Heritage Bank
Heritage Bank

Discount Variable Home Loan

5.99% p.a. variable

6.01% p.a.

Thumbnail icon for HSBC
HSBC

Home Value Loan

6.09% p.a. variable

6.09% p.a.

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ANZ
ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a. variable

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.14% p.a. variable

6.16% p.a.

Thumbnail icon for Unloan
Unloan

Variable

6.29% p.a. variable

6.20% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan

6.24% p.a. variable

6.48% p.a.

Thumbnail icon for Heritage Bank
Heritage Bank

Discount Variable Home Loan

5.99% p.a. variable

6.01% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a. variable

6.20% p.a.

Thumbnail icon for Police Credit Union
Police Credit Union

The Better Home Loan (Special Offer)

6.14% p.a. variable

6.14% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

Thumbnail icon for Unloan
Unloan

Variable

5.99% p.a.

5.90% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan

6.14% p.a.

6.16% p.a.

Thumbnail icon for loans.com.au
loans.com.au

Variable Home Loan 90

6.04% p.a.

6.06% p.a.

Thumbnail icon for Police Credit Union
Police Credit Union

The Better Home Loan (Special Offer)

6.14% p.a.

6.14% p.a.

Thumbnail icon for Heritage Bank
Heritage Bank

Discount Variable Home Loan

5.99% p.a.

6.01% p.a.

Thumbnail icon for Aussie
Aussie

Elevate

6.09% p.a.

6.20% p.a.

Thumbnail icon for ING
ING

Mortgage Simplifier

6.14% p.a.

6.17% p.a.

Thumbnail icon for Macquarie
Macquarie

Offset Home Loan (Package)

6.14% p.a.

6.39% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.04% p.a.
fixed 3 years

6.15% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.25% p.a.
fixed 3 years

6.20% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

Thumbnail icon for ubank
ubank

Flex Home Loan Fixed

5.99% p.a.
fixed 3 years

6.41% p.a.

Thumbnail icon for ING
ING

Fixed Rate Loan (with Orange Advantage)

5.99% p.a.
fixed 3 years

6.12% p.a.

Thumbnail icon for Macquarie
Macquarie

Basic Home Loan (Fixed)

6.35% p.a.
fixed 3 years

6.26% p.a.

Thumbnail icon for Bendigo Bank
Bendigo Bank

Express Home Loan (Fixed)

6.54% p.a.
fixed 3 years

6.38% p.a.

Thumbnail icon for ANZ
ANZ

Fixed Rate

6.59% p.a.
fixed 3 years

7.06% p.a.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

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