AMP Classic Variable Rate Loan

The details shown below are for an owner occupier taking out a principal & interest loan between $40,000 and $2,000,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a interest only loan between $40,000 and $2,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $40,000 and $2,000,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $40,000 and $2,000,000 with an LVR below 80%

Choose the version of loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 90%

    Loan: $40,000 $2,000,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $40,000 $2,000,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $40,000 $2,000,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $40,000 $2,000,000

5.58% p.a.

5.75% p.a.

$10.00 monthly

AMP Classic Variable Rate Loan

5.58% p.a.

5.75% p.a.

$10.00 monthly

6.18% p.a.

6.35% p.a.

$10.00 monthly

AMP Classic Variable Rate Loan

6.18% p.a.

6.35% p.a.

$10.00 monthly

6.64% p.a.

6.81% p.a.

$10.00 monthly

AMP Classic Variable Rate Loan

6.64% p.a.

6.81% p.a.

$10.00 monthly

6.69% p.a.

6.86% p.a.

$10.00 monthly

AMP Classic Variable Rate Loan

6.69% p.a.

6.86% p.a.

$10.00 monthly

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 5.58% p.a.

  • n/a

  • 0 Months

  • none

  • 5.75% p.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

  • $2,000,000

  • none

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes

  • none

  • yes

  • yes

  • none

  • none

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 6.18% p.a.

  • n/a

  • 0 Months

  • none

  • 6.35% p.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

  • $2,000,000

  • none

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes

  • none

  • yes

  • yes

  • none

  • none

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 6.64% p.a.

  • n/a

  • 0 Months

  • none

  • 6.81% p.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

  • $2,000,000

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes

  • none

  • yes

  • yes

  • none

  • none

Details

Rates and fees information correct as at 19 September 2018.

Rates
  • 6.69% p.a.

  • n/a

  • 0 Months

  • none

  • 6.86% p.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

  • $2,000,000

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes

  • none

  • yes

  • yes

  • none

  • none

Customer Reviews

How are AMP home loans rated by the Mozo community?

Overall customer rating
6.3/10

Based on 51 AMP home loan reviews

Price
6.6/10
Features
6.3/10
Customer service
6.4/10
Convenience
5.2/10
Trust
6.5/10

Latest reviews of AMP Classic Variable Rate Loan

  • Overall
    10/10
    Excellent bank

    Always easy to deal with, excellent bank.

    Always easy to deal with, excellent bank.

    Price
    10/10
    Features
    -1/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Greg | QLD

    08 Jan 2018

  • Overall
    10/10
    Awesome customer service and very competitive

    This is the easiest bank I have ever dealt with ... never go back to the big 4

    This is the easiest bank I have ever dealt with ... never go back to the big 4

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

    Carol | QLD

    11 Feb 2016

  • Overall
    10/10
    Online great

    Not bad.

    Not bad.

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

    Jodie | NSW

    07 Jul 2015

  • Overall
    3/10
    Too much hassle

    You drown in paperwork from start to finish, the product isn't flexible and the qualifying...

    You drown in paperwork from start to finish, the product isn't flexible and the qualifying requirements are over the top - I will never use them again!!

    Price
    2/10
    Features
    5/10
    Customer service
    4/10
    Convenience
    4/10
    Trust
    5/10

    Tralee | QLD

    14 May 2015

  • Overall
    9/10
    Helpful and easy to contact with minimum of fuss

    I had been with ANZ for a number of years and after separating went to get a home loan to take...

    I had been with ANZ for a number of years and after separating went to get a home loan to take over the house. I went through Aussie Loans who in turn were trying to get ANZ to provide the loan. It was awful, too and fro-ing to India. In the end, I got the same thing with AMP who are absolutely easy to deal with and you speak to people in Australia. The website is very easy and informative.

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

    Katherina | WA

    06 Jun 2014

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.