AMP Classic Line of Credit

The details shown below are for an owner occupier taking out a no set repayments loan between $40,000 and $1,000,000 with an LVR below 80%

The details shown below are for an investor taking out a no set repayments loan between $40,000 and $1,000,000 with an LVR below 80%

Choose the version of loan that suits you best

  • Owner Occupier (No set repayments)

    LVR < 80%

    Loan: $40,000 $1,000,000

  • Investor (No set repayments)

    LVR < 80%

    Loan: $40,000 $1,000,000

6.38% p.a.

n/a

$10.00 monthly

AMP Classic Line of Credit

6.38% p.a.

n/a

$10.00 monthly

6.89% p.a.

n/a

$10.00 monthly

AMP Classic Line of Credit

6.89% p.a.

n/a

$10.00 monthly

Details

Rates and fees information correct as at 23 September 2018.

Rates
  • 6.38% p.a.

  • n/a

  • 0 Months

  • none

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $350.00

  • $295.00

  • $0.00

  • $250.00

  • none

  • $10.00 monthly

  • $100.00

Other financial bits
  • $40,000

  • $1,000,000

  • none

  • 80.00%

Features
  • Owner Occupier

  • No set repayments

  • No set repayments

  • n/a

  • none

  • n/a

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 23 September 2018.

Rates
  • 6.89% p.a.

  • n/a

  • 0 Months

  • none

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $350.00

  • $295.00

  • $0.00

  • $250.00

  • none

  • $10.00 monthly

  • $100.00

Other financial bits
  • $40,000

  • $1,000,000

  • none

  • 80.00%

Features
  • Investor

  • No set repayments

  • No set repayments

  • n/a

  • none

  • n/a

  • none

  • yes

  • no

  • none

  • none

Customer Reviews

How are AMP home loans rated by the Mozo community?

Overall customer rating
6.4/10

Based on 209 AMP home loan reviews

Price
6.7/10
Features
6.3/10
Customer service
6.2/10
Convenience
5.6/10
Trust
6.4/10

Latest reviews of AMP Classic Line of Credit

  • Overall
    6/10
    Competitive premiums and customer services average

    Would be nice to have branches around australia

    Would be nice to have branches around australia

    Price
    8/10
    Features
    1/10
    Customer service
    4/10
    Convenience
    1/10
    Trust
    6/10

    Andy | New South Wales

    reviewed over 2 years ago

  • Overall
    8/10
    Extremely competitive and great service.

    The only downside is there is no local branch to go into but they are wonderful on their phone...

    The only downside is there is no local branch to go into but they are wonderful on their phone service.

    Price
    6/10
    Features
    6/10
    Customer service
    8/10
    Convenience
    7/10
    Trust
    9/10

    Sue | Queensland

    reviewed about 3 years ago

  • Overall
    9/10
    Great customer service

    AMP is very competitive with low fees and no hidden fees. They are very easy to deal with and are...

    AMP is very competitive with low fees and no hidden fees. They are very easy to deal with and are very helpful when you ring with a question or query. They take the time to explain everything. Overall they are excellent.

    Price
    9/10
    Features
    9/10
    Customer service
    9/10
    Convenience
    6/10
    Trust
    9/10

    Graham | Queensland

    reviewed about 3 years ago

AMP

About AMP

AMP is a leading wealth management company operating in Australia and New Zealand, with a rich evolving history spanning 150 years. Its growing banking business in Australia now includes a range of retail products such as home loans, credit cards, savings and accounts and term deposits. Also AMP's range of vehicle insurances are designed to give you more choice and flexibility while providing cover for a comprehensive range of accidents, damage and events.

See AMP home loans

*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.