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AMP Bank Variable Rate Loan (Professional Package)

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan of at least $500,000 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 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 $500,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan of at least $500,000 with an LVR below 90%

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 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 principal & interest loan of at least $500,000 with an LVR below 60%

The details shown below are for an investor taking out a principal & interest loan of at least $500,000 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 $500,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $500,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan of at least $500,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan of at least $500,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a interest only loan of at least $500,000 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 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 of at least $500,000 with an LVR below 60%

The details shown below are for an investor taking out a interest only loan of at least $500,000 with an LVR below 60%

The details shown below are for an investor taking out a interest only loan of at least $500,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan of at least $500,000 with an LVR below 80%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 60%

    Loan: $500,000

  • 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%-80%

    Loan: $500,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $500,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $100,000 $499,999

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $100,000 $499,999

  • Investor (Principal & Interest)

    LVR < 60%

    Loan: $500,000

  • Investor (Principal & Interest)

    LVR < 60%

    Loan: $500,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $100,000 $499,999

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $500,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $500,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $500,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $500,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $500,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $100,000 $499,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $100,000 $499,999

  • Investor (Interest Only)

    LVR < 60%

    Loan: $500,000

  • Investor (Interest Only)

    LVR < 60%

    Loan: $500,000

  • Investor (Interest Only)

    LVR 60%-80%

    Loan: $500,000

  • Investor (Interest Only)

    LVR 60%-80%

    Loan: $500,000

Rate
2.29% p.a.
Comparison Rate
2.71% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.29% p.a.
Comparison Rate
2.71% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.34% p.a.
Comparison Rate
2.76% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.34% p.a.
Comparison Rate
2.76% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.63% p.a.
Comparison Rate
3.04% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.63% p.a.
Comparison Rate
3.04% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
3.09% p.a.
Comparison Rate
3.49% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.39% p.a.
Comparison Rate
2.81% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.74% p.a.
Comparison Rate
3.15% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.49% p.a.
Comparison Rate
2.91% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.79% p.a.
Comparison Rate
3.20% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.44% p.a.
Comparison Rate
2.86% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
3.27% p.a.
Comparison Rate
3.67% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.92% p.a.
Comparison Rate
3.33% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.74% p.a.
Comparison Rate
2.89% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
3.60% p.a.
Comparison Rate
3.18% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.79% p.a.
Comparison Rate
2.97% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
3.09% p.a.
Comparison Rate
3.23% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.74% p.a.
Comparison Rate
2.89% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
3.19% p.a.
Comparison Rate
3.30% p.a.
Service fee
$349.00 yearly
Upfront fee
$295
Rate
2.84% p.a.
Comparison Rate
2.96% p.a.
Service fee
$349.00 yearly
Upfront fee
$295

Mozo editorial review AMP Bank Variable Rate Loan (Professional Package) - last updated: 5 October 2021

binocular icon
What's hot
  • 2.34% variable rate (2.75% comparison rate*) for 80% LVR
  • Free extra repayments and redraw facility
  • $3,000 cashback offer for refinancers (conditions apply)
What's not
  • $349 annual service fee
Mozo snapshot

The AMP Bank Variable Rate Home Loan (Professional Package) has plenty of features to make your home loan journey as smooth as can be. Not only does it come with an offset account and redraw facility, you can make extra repayments without incurring any fees. The 2.34% variable rate 2.75% comparison rate*) is available for borrowers with an LVR of less than 80% who are borrowing loan amounts from $500,000, however different rates are available for different LVRs and loan amounts. Plus AMP is currently offering $3,000 cashback to borrowers refinancing a home loan from another lender (conditions apply, more on this below).

key icon
Key features

The AMP Bank Variable Rate Home Loan (Professional Package) comes with all the features you’d want in a home loan. Variable interest rates come in at a competitive 2.34% (2.75% comparison rate*) for owner occupiers with an LVR less than 80% borrowing over $500k, but different rates are available for different LVRs and loan amounts. And if the idea of saving on interest appeals to you, you’ll be pleased to know that it also comes with a full offset account. If you use this feature well, it could go a long way to reducing the interest you pay on your principal amount. 

Depending on what best suits you and your budget, you can opt to make weekly, fortnightly or monthly repayments, and you can chip in unlimited extra repayments towards the loan. There’s also a redraw facility, so if you ever need to tap into those extra repayments down the track you'll be able to request to.

You can borrow up to 90% of the property’s value with the loan, meaning you won’t need as large a deposit as you might for other home loans. Just keep in mind, you'll need to pay a slightly higher interest rate from 2.63% (3.04% comparison rate*) for loan amounts over $500k.

Finally, AMP is currently offering $3,000 cashback to eligible borrowers refinancing a home loan from another lender to AMP. To be eligible for this deal, borrowers must be refinancing a loan of at least $500,000 with an LVR equal to or less than 80%. Applications must be received between 1 September 2021 and 31 October 2021 and settled by 22 December 2021. The cashback must be paid into an AMP Bank offset account, AMP Bett3r or AMP Access account. Eligible applicants will receive the cashback within 60 days of the settlement date. Other terms and conditions may apply.



snapshot
Who is it good for

The AMP Bank Variable Rate Loan (Professional Package) could suit buyers looking for a competitive variable home loan rate with an array of handy features to help save on interest.

question icon
Any catches

A full feature home loan like this doesn’t come for free, so you’ll need to budget for a few one-off fees as well as the $349 Annual Package fee. Also be mindful that if your LVR exceeds 80%, you may need to pay Lenders Mortgage Insurance. 

Details

Rates and fees information correct as at 20 October 2021. 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

2.29% p.a.

n/a

n/a

n/a

2.71% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

none

60.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.29% p.a.

n/a

n/a

n/a

2.71% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/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

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.34% p.a.

n/a

n/a

n/a

2.76% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/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

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.34% p.a.

n/a

n/a

n/a

2.76% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

60.00%

80.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.63% p.a.

n/a

n/a

n/a

3.04% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

80.00%

90.00%

Features

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.63% p.a.

n/a

n/a

n/a

3.04% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/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

Owner Occupier

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

3.09% p.a.

n/a

n/a

n/a

3.49% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/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

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.39% p.a.

n/a

n/a

n/a

2.81% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

none

60.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

Special Offer available for a limited time for loans where the Debt-to-Income ratio is <6. AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.74% p.a.

n/a

n/a

n/a

3.15% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

none

60.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.49% p.a.

n/a

n/a

n/a

2.91% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/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

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.79% p.a.

n/a

n/a

n/a

3.20% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

none

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.44% p.a.

n/a

n/a

n/a

2.86% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

none

80.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

Special Offer available for a limited time for loans where the Debt-to-Income ratio is <6. AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

3.27% p.a.

n/a

n/a

n/a

3.67% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

80.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.92% p.a.

n/a

n/a

n/a

3.33% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

80.00%

90.00%

Features

Investor

Principal & Interest

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

Special Offer available for a limited time for loans where the Debt-to-Income ratio is <6. AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.74% p.a.

n/a

n/a

n/a

2.89% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

none

80.00%

Features

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

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 October 2021. 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

3.60% p.a.

n/a

n/a

n/a

3.18% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/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

Owner Occupier

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

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 October 2021. 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

2.79% p.a.

n/a

n/a

n/a

2.97% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/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

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

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 October 2021. 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

3.09% p.a.

n/a

n/a

n/a

3.23% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

none

60.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.74% p.a.

n/a

n/a

n/a

2.89% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

none

60.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

Special Offer available for a limited time for loans where the Debt-to-Income ratio is <6. AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

3.19% p.a.

n/a

n/a

n/a

3.30% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

60.00%

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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 October 2021. 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

2.84% p.a.

n/a

n/a

n/a

2.96% p.a.

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0.00

$295.00

$0.00

$0.00

n/a

$349.00 yearly

$390.00

Other financial bits

$500,000

none

60.00%

80.00%

Features

Investor

Interest Only

Weekly, Fortnightly, Monthly

yes - free

none

yes - free

none

yes

yes

Special Offer available for a limited time for loans where the Debt-to-Income ratio is <6. AMP Bank will only cover valuation fees up to $900.

none

Receive $3,000 cashback when you refinance an existing home loan of $500,000 or more with an LVR of equal to or less than 80%. Must apply by 31 October 2021 and settle by 22 December 21.

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

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

About AMP Bank

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.