AMP home loan reviews

AMP
AMP's overall rating for home loans

(as rated by the Mozo community)

6.4 / 10

based on 208 reviews

Price

Features

Customer service

Convenience

Trust

Featured home loan from AMP

Recent AMP home loan reviews

AMP

AMP Home Loan review

Overall rating   0 / 10

AMP is highly disappointing

Looking forward to a better bank!

Full review

Looking forward to a better bank!

    Features   0 / 10

    Customer service   0 / 10

    Convenience   9 / 10

    Trust   0 / 10

Less

Jo, Queensland, reviewed about 1 year ago

AMP

AMP Classic Variable Rate Loan (Owner Occupier, Principal & Interest) Home Loan review

Overall rating   10 / 10

Excellent bank

Always easy to deal with, excellent bank.

Full review

Always easy to deal with, excellent bank.

    Price   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Greg, Queensland, reviewed over 1 year ago

AMP

AMP Essential Home Loan (Owner Occupier, Principal & Interest) Home Loan review

Overall rating   9 / 10

No fuss loan with excellent features and low rates

This home loan package is a great no fuss set and forget loan. Always competitive rates and no on going fees. What you see is what you get. It even allows you to take your extra money out. AMP banking app is easy to understand and negotiate.

Full review

This home loan package is a great no fuss set and forget loan. Always competitive rates and no on going fees. What you see is what you get. It even allows you to take your extra money out. AMP banking app is easy to understand and negotiate.

    Price   10 / 10

Less

Dwayne, Queensland, reviewed almost 2 years ago

AMP

AMP Essential Home Loan (Owner Occupier, Principal & Interest) Home Loan review

Overall rating   4 / 10

Absolute best rate but close to worst service.

The service from AMP when you want statements and setting up internet banking is awful. The rates for this loan are outstanding and no other financial institution could come within 0.75% of their rate. The best thing is that when they give you a...

Full review

The service from AMP when you want statements and setting up internet banking is awful. The rates for this loan are outstanding and no other financial institution could come within 0.75% of their rate. The best thing is that when they give you a loan, they won't bother you, unless there is a problem. Unfortunately, their service is what makes them go down in my ranking.

    Price   10 / 10

    Features   6 / 10

    Customer service   0 / 10

    Convenience   0 / 10

    Trust   6 / 10

Less

Darren, Queensland, reviewed over 2 years ago

AMP

AMP Essential Home Loan (Owner Occupier, Principal & Interest) Home Loan review

Overall rating   6 / 10

Responsive and solid no-frills home loans

A solid bank that has responded to my questions about comparative interest rates by providing discounts! Updated internet site looks snazzy, but is slightly harder to negotiate, but a solid no-frills option with a trusted bank.

Full review

A solid bank that has responded to my questions about comparative interest rates by providing discounts! Updated internet site looks snazzy, but is slightly harder to negotiate, but a solid no-frills option with a trusted bank.

    Price   5 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   6 / 10

Less

Annette, Australian Capital Territory, reviewed about 3 years ago

AMP

AMP Essential Home Loan (Owner Occupier, Principal & Interest) Home Loan review

Overall rating   2 / 10

AMP need to keep in contact with their clients

I am not very happy with our current interest rate.

Full review

I am not very happy with our current interest rate.

    Price   2 / 10

    Features   2 / 10

    Customer service   5 / 10

    Convenience   4 / 10

    Trust   2 / 10

Less

Sara, Western Australia, reviewed about 3 years ago

AMP

AMP Fixed Rate Loan (Owner Occupier, Principal & Interest) Home Loan review

Overall rating   10 / 10

We highly recommend AMP.

We have found AMP to be fantastic. We were with Commonwealth for many years and they didn't do much for us.

Full review

We have found AMP to be fantastic. We were with Commonwealth for many years and they didn't do much for us.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Lisa, Victoria, reviewed over 3 years ago

AMP

AMP Classic Variable Rate Loan (Owner Occupier, Principal & Interest) Home Loan review

Overall rating   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

Full review

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

Less

Carol, Queensland, reviewed over 3 years ago

AMP

AMP Variable Rate Loan (Owner Occupier, Principal & Interest) (Basic Package) Home Loan review

Overall rating   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 online access.

Full review

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

Less

Rick, Tasmania, reviewed over 3 years ago

AMP

AMP Classic Line of Credit (Owner Occupier) Home Loan review

Overall rating   6 / 10

Competitive premiums and customer services average

Would be nice to have branches around australia

Full review

Would be nice to have branches around australia

    Price   8 / 10

    Features   1 / 10

    Customer service   4 / 10

    Convenience   1 / 10

    Trust   6 / 10

Less

Andy, New South Wales, reviewed over 3 years ago

AMP

AMP Home Loan review

Overall rating   4 / 10

Average

Probably no worse than any other lender but not great either

Full review

Probably no worse than any other lender but not great either

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   3 / 10

    Trust   3 / 10

Less

Kerry, New South Wales, reviewed over 3 years ago

AMP

AMP Essential Home Loan (Owner Occupier, Principal & Interest) Home Loan review

Overall rating   10 / 10

Good Rates, Good app, and easy to deal with.

Good services, friendly people. Good rates and good features.

Full review

Good services, friendly people. Good rates and good features.

    Price   10 / 10

    Features   10 / 10

    Customer service   8 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Michael, Victoria, reviewed over 3 years ago

AMP

AMP Home Loan review

Overall rating   7 / 10

I would give them a go, spot on.

Home loan rate great, customer service outstanding (on phone) no branch. Easy internet account management.

Full review

Home loan rate great, customer service outstanding (on phone) no branch. Easy internet account management.

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   6 / 10

    Trust   8 / 10

Less

Luke, New South Wales, reviewed over 3 years ago

AMP

AMP Home Loan review

Overall rating   0 / 10

Try and find a different lender!

Had numerous problems. They sent my documents to wrong solicitor for a purchase. When it came time to settling a sale they were 3 days late settling. Nothing but greedy and incompetent.

Full review

Had numerous problems. They sent my documents to wrong solicitor for a purchase. When it came time to settling a sale they were 3 days late settling. Nothing but greedy and incompetent.

    Price   4 / 10

    Features   5 / 10

    Customer service   1 / 10

    Convenience   2 / 10

    Trust   2 / 10

Less

M holt, New South Wales, reviewed over 3 years ago

AMP

AMP Variable Rate Loan (Owner Occupier, Principal & Interest) (Basic Package) Home Loan review

Overall rating   7 / 10

As expected, no surprises

Have performed as expected.

Full review

Have performed as expected.

    Price   6 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

Ray, New South Wales, reviewed over 3 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Home loan comparisons on Mozo - rates updated daily

  • loans.com.au Smart Home Loan (Owner Occupier, Principal & Interest)

    loans.com.au Smart Home Loan (Owner Occupier, Principal & Interest)

    • For purchase and refinance, min 20% deposit
    • No application or ongoing fees
    • Unlimited redraws and additional repayments

    interest rate

    3.28% p.a. variable

    comparison rate*

    3.30% p.a.

    upfront fees

    $520

    Go to site

    More info

    • For purchase and refinance, min 20% deposit
    • No application or ongoing fees
    • Unlimited redraws and additional repayments
    • Interest rate: 3.28% p.a. variable
    • Comparison rate*: 3.30% p.a.
    • Upfront fees: $520
    • Ongoing fees: $0.00
    • Discharge fee: $0.00
    • Extra repayments: yes - free
    • Redraw facility: yes - free
    • Offset account: no
    • Maximum loan to value ratio: 80.00%
    • Minimum loan amount: $50,000
    • Maximum loan amount: $1,000,000
    • Type of loan: Variable
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Overall rating

    8.2

    Based on 636 loans.com.au home loan reviews

    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2019

    UBank UHomeLoan (Owner Occupier, Principal & Interest) (Fixed)

    UBank UHomeLoan (Owner Occupier, Principal & Interest) (Fixed)

    • Fast, easy apply
    • No ongoing fees
    • Repayments will not change during fixed period

    interest rate

    2.99% p.a.
    fixed 1 year

    comparison rate*

    4.09% p.a.

    upfront fees

    $395

    Go to site

    More info

    • Fast, easy apply
    • No ongoing fees
    • Repayments will not change during fixed period
    • Interest rate: 2.99% p.a.
      fixed 1 year
    • Comparison rate*: 4.09% p.a.
    • Upfront fees: $395
    • Ongoing fees: $0.00
    • Discharge fee: $0.00
    • Extra repayments: yes - free up to $20,000 p.a.
    • Redraw facility: no
    • Offset account: no
    • Maximum loan to value ratio: 80.00%
    • Minimum loan amount: $100,000
    • Maximum loan amount: $2,000,000
    • Type of loan: Fixed
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Overall rating

    5.2

    Based on 111 UBank home loan reviews

    Need more information?
    Go to site

    More info

  • Bank of Queensland Discount Fixed Rate (Owner Occupier, Principal & Interest)

    Bank of Queensland Discount Fixed Rate (Owner Occupier, Principal & Interest)

    • Borrow with as little as 5% deposit (owner occupiers)
    • Ability to make extra repayments
    • 1-5 year fixed term rates

    interest rate

    3.39% p.a.
    fixed 3 years

    comparison rate*

    4.41% p.a.

    upfront fees

    $450

    Go to site

    More info

    • Borrow with as little as 5% deposit (owner occupiers)
    • Ability to make extra repayments
    • 1-5 year fixed term rates
    • Interest rate: 3.39% p.a.
      fixed 3 years
    • Comparison rate*: 4.41% p.a.
    • Upfront fees: $450
    • Ongoing fees: $10.00 monthly
    • Discharge fee: $320.00
    • Extra repayments: yes - free up to $5,000 p.a
    • Redraw facility: no
    • Offset account: no
    • Maximum loan to value ratio: 80.00%
    • Minimum loan amount: $150,000
    • Maximum loan amount:
    • Type of loan: Fixed
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Overall rating

    7.6

    Based on 510 Bank of Queensland home loan reviews

    Need more information?
    Go to site

    More info

  • Featured product

     

    Athena Variable Home Loan (Owner Occupier, Principal & Interest)

    Athena Variable Home Loan (Owner Occupier, Principal & Interest)

    • No application fees
    • No monthly fees
    • No annual fees

    interest rate

    3.34% p.a. variable

    comparison rate*

    3.30% p.a.

    upfront fees

    $0

    Go to site

    More info

    • No application fees
    • No monthly fees
    • No annual fees
    • Interest rate: 3.34% p.a. variable
    • Comparison rate*: 3.30% p.a.
    • Upfront fees: $0
    • Ongoing fees: $0.00
    • Discharge fee: $0.00
    • Extra repayments: yes - free
    • Redraw facility: yes - free
    • Offset account: no
    • Maximum loan to value ratio: 80.00%
    • Minimum loan amount: $100,000
    • Maximum loan amount: $2,000,000
    • Type of loan: Variable
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Need more information?
    Go to site

    More info

  • MOZO EXPERTS CHOICE AWARDS 2019

    HSBC Discounted Home Value Loan (Owner Occupier, Principal & Interest)

    HSBC Discounted Home Value Loan (Owner Occupier, Principal & Interest)

    • Owner occupier only
    • Available on new borrowings from $50,000
    • Your own Personal Relationship Manager

    interest rate

    3.47% p.a. variable

    comparison rate*

    3.48% p.a.

    upfront fees

    $150

    Go to site

    More info

    • Owner occupier only
    • Available on new borrowings from $50,000
    • Your own Personal Relationship Manager
    • Interest rate: 3.47% p.a. variable
    • Comparison rate*: 3.48% p.a.
    • Upfront fees: $150
    • Ongoing fees: $0.00
    • Discharge fee: $300.00
    • Extra repayments: yes - free
    • Redraw facility: yes - free online
    • Offset account: no
    • Maximum loan to value ratio: 90.00%
    • Minimum loan amount: $50,000
    • Maximum loan amount: $7,500,000
    • Type of loan: Variable
    • Repayment types: Principal & Interest
    • Availability: Owner Occupier
    • Repayment options: Weekly, Fortnightly, Monthly
    Overall rating

    7.0

    Based on 109 HSBC home loan reviews

    Need more information?
    Go to site

    More info

*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.

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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.

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