AMP Variable Rate Loan (Basic Package)

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 90%

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 < 90%

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

  • Investor (Interest Only)

    LVR < 80%

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

4.13% p.a.

4.17% p.a.

$0.00

AMP Variable Rate Loan (Basic Package)

4.13% p.a.

4.17% p.a.

$0.00

4.73% p.a.

4.77% p.a.

$0.00

AMP Variable Rate Loan (Basic Package)

4.73% p.a.

4.77% p.a.

$0.00

4.38% p.a.

4.42% p.a.

$0.00

AMP Variable Rate Loan (Basic Package)

4.38% p.a.

4.42% p.a.

$0.00

4.64% p.a.

4.68% p.a.

$0.00

AMP Variable Rate Loan (Basic Package)

4.64% p.a.

4.68% p.a.

$0.00

Details

Rates and fees information correct as at 23 October 2018.

Rates
  • 4.13% p.a.

  • n/a

  • 0 Months

  • none

  • 4.17% 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

  • $250.00

  • none

  • $0.00

  • $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

  • Available for new business only

  • 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 23 October 2018.

Rates
  • 4.73% p.a.

  • n/a

  • 0 Months

  • none

  • 4.77% 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

  • $250.00

  • none

  • $0.00

  • $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

  • Available for new business only

  • 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 23 October 2018.

Rates
  • 4.38% p.a.

  • n/a

  • 0 Months

  • none

  • 4.42% 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

  • $250.00

  • none

  • $0.00

  • $100.00

Other financial bits
  • $40,000

  • $2,000,000

  • none

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes

  • none

  • yes

  • yes

  • Available for new business only

  • 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 23 October 2018.

Rates
  • 4.64% p.a.

  • n/a

  • 0 Months

  • none

  • 4.68% 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

  • $250.00

  • none

  • $0.00

  • $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

  • Available for new business only

  • 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 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 Variable Rate Loan (Basic Package)

  • Overall
    7/10
    Easy to navigate and use

    We went via a broker, but who can argue with a basic home loan with great interest rates and...

    We went via a broker, but who can argue with a basic home loan with great interest rates and online access.

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

    Rick | Tasmania

    reviewed almost 3 years ago

  • Overall
    7/10
    As expected, no surprises

    Have performed as expected.

    Have performed as expected.

    Price
    6/10
    Features
    5/10
    Customer service
    8/10
    Convenience
    7/10
    Trust
    7/10

    Ray | New South Wales

    reviewed almost 3 years ago

  • Overall
    5/10
    No face to face customer service

    Lack of physical address means that only online banking is possible - no face to face customer...

    Lack of physical address means that only online banking is possible - no face to face customer service.

    Price
    7/10
    Features
    2/10
    Customer service
    8/10
    Convenience
    0/10
    Trust
    3/10

    Leslye | New South Wales

    reviewed about 3 years ago

  • Overall
    5/10
    Online banking only, but otherwise good

    Online banking is the only option, which suits us fine, until you have a problem - phone calls...

    Online banking is the only option, which suits us fine, until you have a problem - phone calls are a tedious way to solve issues!

    Price
    5/10
    Features
    4/10
    Customer service
    3/10
    Convenience
    1/10
    Trust
    5/10

    Amy | New South Wales

    reviewed over 3 years ago

  • Overall
    8/10
    Not bad phone and Internet banking are terrible

    They're not bad and the product is good and easy to understand. But the Internet and phone...

    They're not bad and the product is good and easy to understand. But the Internet and phone banking is terrible and need to be made far more accessible.

    Price
    6/10
    Features
    7/10
    Customer service
    3/10
    Convenience
    2/10
    Trust
    7/10

    Patrick | Western Australia

    reviewed over 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.

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*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.