AMP Fixed Rate Loan (Professional Package)

The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $249,999 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan between $250,000 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 $749,999 with an LVR below 90%

The details shown below are for an owner occupier taking out a principal & interest loan between $750,000 and $2,000,000 with an LVR below 90%

The details shown below are for an investor taking out a principal & interest loan between $100,000 and $249,999 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $250,000 and $499,999 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $500,000 and $749,999 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $750,000 and $2,000,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $100,000 and $249,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $250,000 and $749,999 with an LVR below 80%

The details shown below are for an owner occupier taking out a interest only loan between $750,000 and $2,000,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $100,000 and $249,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $250,000 and $749,999 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $750,000 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: $100,000 $249,999

  • Owner Occupier (Principal & Interest)

    LVR < 90%

    Loan: $250,000 $499,999

  • Owner Occupier (Principal & Interest)

    LVR < 90%

    Loan: $500,000 $749,999

  • Owner Occupier (Principal & Interest)

    LVR < 90%

    Loan: $750,000 $2,000,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $100,000 $249,999

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $250,000 $499,999

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $500,000 $749,999

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $750,000 $2,000,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $100,000 $249,999

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $250,000 $749,999

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $750,000 $2,000,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $100,000 $249,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $250,000 $749,999

  • Investor (Interest Only)

    LVR < 80%

    Loan: $750,000 $2,000,000

3.79% p.a.

4.72% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

3.79% p.a.

4.72% p.a.

$349.00 yearly

3.79% p.a.

4.36% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

3.79% p.a.

4.36% p.a.

$349.00 yearly

3.79% p.a.

4.22% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

3.79% p.a.

4.22% p.a.

$349.00 yearly

3.79% p.a.

4.11% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

3.79% p.a.

4.11% p.a.

$349.00 yearly

4.87% p.a.

5.49% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.87% p.a.

5.49% p.a.

$349.00 yearly

4.87% p.a.

4.82% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.87% p.a.

4.82% p.a.

$349.00 yearly

4.87% p.a.

4.75% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.87% p.a.

4.75% p.a.

$349.00 yearly

4.87% p.a.

4.68% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.87% p.a.

4.68% p.a.

$349.00 yearly

4.79% p.a.

5.49% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.79% p.a.

5.49% p.a.

$349.00 yearly

4.79% p.a.

5.33% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.79% p.a.

5.33% p.a.

$349.00 yearly

4.79% p.a.

5.23% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.79% p.a.

5.23% p.a.

$349.00 yearly

4.49% p.a.

5.42% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.49% p.a.

5.42% p.a.

$349.00 yearly

4.49% p.a.

5.32% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.49% p.a.

5.32% p.a.

$349.00 yearly

4.49% p.a.

5.19% p.a.

$349.00 yearly

AMP Fixed Rate Loan (Professional Package)

4.49% p.a.

5.19% p.a.

$349.00 yearly

Mozo Review   AMP Fixed Rate Loan (Professional Package) Review

Last updated: 13 July 2018.

What's hot:
  • 3.79% fixed rate (3 year)

  • No application fee

  • Extra repayments free up to $10,000 p.a.

What's not:
  • No redraw or offset account

Mozo snapshot:

AMP have created a sound product in the Fixed Rate Loan (Professional Package). The rate is 3.79% for a 3 year fixed term, combined with no application fee and free repayments up to $10,000 per year make this a great option for homeowners. 

Key features:

The Fixed Rate Loan (Professional Package) is available for loans between $100,000 and $2,000,000. The borrowed amount cannot exceed 80% of the property value without mortgage insurance. AMP are offering this loan to new and existing customers, and with no application fee, grabbing these low rates should be relatively pain-free. 

Although the fixed rates are great, in the wider scene of Professional Packages, the revert rate of 4.57% on the lower loan amount bracket is less than optimal. Regardless of the borrowed amount, a $349 yearly service fee applies.

There isn't much flexibility in the Fixed Rate Loan (Professional Package). If you would prefer a loan with redraw and offset facilities as well as repayment holidays, look elsewhere. AMP do offer some wriggle-room by allowing the product to be split, and providing borrowers with the option to schedule repayments weekly, fortnightly or monthly.

Who it's 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.

Any catches?

Consider switching products after your fixed term is up to avoid that lacklustre revert rate.

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.25% (4.90%*)

  • 4.33% (4.88%*)

  • 3.79% (4.72%*)

  • (*)

  • 4.93% (5.08%*)

  • (*)

  • (*)

  • 4.57% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $100,000

  • $249,999

  • none

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.25% (4.45%*)

  • 4.33% (4.48%*)

  • 3.79% (4.36%*)

  • (*)

  • 4.93% (4.79%*)

  • (*)

  • (*)

  • 4.07% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $250,000

  • $499,999

  • none

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.25% (4.28%*)

  • 4.33% (4.32%*)

  • 3.79% (4.22%*)

  • (*)

  • 4.93% (4.68%*)

  • (*)

  • (*)

  • 3.87% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $500,000

  • $749,999

  • none

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.25% (4.14%*)

  • 4.33% (4.20%*)

  • 3.79% (4.11%*)

  • (*)

  • 4.93% (4.59%*)

  • (*)

  • (*)

  • 3.72% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $750,000

  • $2,000,000

  • none

  • 90.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.64% (5.53%*)

  • 4.57% (5.46%*)

  • 4.87% (5.49%*)

  • (*)

  • 5.18% (5.56%*)

  • (*)

  • (*)

  • 5.24% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $100,000

  • $249,999

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.64% (4.70%*)

  • 4.57% (4.72%*)

  • 4.87% (4.82%*)

  • (*)

  • 5.18% (5.04%*)

  • (*)

  • (*)

  • 4.31% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $250,000

  • $499,999

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.64% (4.62%*)

  • 4.57% (4.64%*)

  • 4.87% (4.75%*)

  • (*)

  • 5.18% (4.98%*)

  • (*)

  • (*)

  • 4.21% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $500,000

  • $749,999

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.64% (4.53%*)

  • 4.57% (4.56%*)

  • 4.87% (4.68%*)

  • (*)

  • 5.18% (4.92%*)

  • (*)

  • (*)

  • 4.11% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $750,000

  • $2,000,000

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.55% (5.56%*)

  • 4.63% (5.50%*)

  • 4.79% (5.49%*)

  • (*)

  • 5.23% (5.61%*)

  • (*)

  • (*)

  • 5.28% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $100,000

  • $249,999

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.55% (5.35%*)

  • 4.63% (5.32%*)

  • 4.79% (5.33%*)

  • (*)

  • 5.23% (5.48%*)

  • (*)

  • (*)

  • 5.05% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $250,000

  • $749,999

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.55% (5.23%*)

  • 4.63% (5.21%*)

  • 4.79% (5.23%*)

  • (*)

  • 5.23% (5.40%*)

  • (*)

  • (*)

  • 4.91% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $750,000

  • $2,000,000

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.84% (5.59%*)

  • 4.77% (5.54%*)

  • 4.49% (5.42%*)

  • (*)

  • 5.38% (5.68%*)

  • (*)

  • (*)

  • 5.29% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $100,000

  • $249,999

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.84% (5.47%*)

  • 4.77% (5.43%*)

  • 4.49% (5.32%*)

  • (*)

  • 5.38% (5.60%*)

  • (*)

  • (*)

  • 5.15% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $250,000

  • $749,999

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • none

  • none

Details

Rates and fees information correct as at 17 August 2018.

Rates
  • p.a.

  • p.a.

  • 0 Months

  • none

  • 4.84% (5.30%*)

  • 4.77% (5.28%*)

  • 4.49% (5.19%*)

  • (*)

  • 5.38% (5.49%*)

  • (*)

  • (*)

  • 4.96% p.a.

Fees
  • $0.00

  • $295.00

  • $0.00

  • $0.00

  • none

  • $349.00 yearly

  • $100.00

Other financial bits
  • $750,000

  • $2,000,000

  • none

  • 80.00%

Features
  • Weekly, Fortnightly, Monthly

  • yes - free up to $10,000 p.a.

  • none

  • no

  • none

  • yes

  • no

  • 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 Fixed Rate Loan (Professional Package)

  • Overall
    8/10
    Excellent rates

    Excellent rate, easy online access and very clear on costs and payments each month.

    Excellent rate, easy online access and very clear on costs and payments each month.

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

    Tas | VIC

    02 Feb 2015

  • Overall
    6/10
    AMP

    Good customer service but not competitive. Interest rates are high for home loans.

    Good customer service but not competitive. Interest rates are high for home loans.

    Price
    5/10
    Features
    8/10
    Customer service
    5/10
    Convenience
    7/10
    Trust
    5/10

    Shaheen | VIC

    08 Jul 2014

  • Overall
    8/10
    Competitive rates and minimal fees.

    Great interest rate discounts for affiliated professionals. Pass on the majority of rate cuts....

    Great interest rate discounts for affiliated professionals. Pass on the majority of rate cuts. Great additional options for offset accounts with no fees.

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

    Mozo reviewer | NSW

    05 Aug 2013

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.