AMP Professional Package Fixed Home Loan

The AMP Professional Package Fixed Home Loan is available for one, two, three or five years for both owner-occupiers and investors. It allows you to select from a range of AMP home loan features.

Special offer

AMP is currently waiving the establishment fee of $350 and the settlement fee of $250 for this home loan.

Interest Rate Max Insured LVR Max LVR
1 Year (Owner Occupier, IO)
4.55% p.a.
Comparison Rate
4.64% p.a.
80% 80%
1 Year (Investor, IO)
4.84% p.a.
Comparison Rate
5.27% p.a.
80% 80%
1 Year (Investor, P&I)
4.64% p.a.
Comparison Rate
5.25% p.a.
90% 80%
1 Year (Owner Occupier, P&I)
4.25% p.a.
Comparison Rate
4.62% p.a.
90% 80%
2 Year (Investor, IO)
3.64% p.a.
Comparison Rate
5.01% p.a.
80% 80%
2 Year (Investor, P&I)
3.42% p.a.
Comparison Rate
4.98% p.a.
90% 80%
2 Year (Owner Occupier, IO)
4.23% p.a.
Comparison Rate
4.58% p.a.
80% 80%
2 Year (Owner Occupier, P&I)
3.1% p.a.
Comparison Rate
4.39% p.a.
90% 80%
3 Year (Investor, IO)
3.64% p.a.
Comparison Rate
4.89% p.a.
80% 80%
3 Year (Investor, P&I)
3.42% p.a.
Comparison Rate
4.84% p.a.
90% 80%
3 Year (Owner Occupier, IO)
4.33% p.a.
Comparison Rate
4.58% p.a.
80% 80%
3 Year (Owner Occupier, P&I)
3.13% p.a.
Comparison Rate
4.29% p.a.
90% 80%
5 Year (Investor, IO)
3.88% p.a.
Comparison Rate
4.76% p.a.
80% 80%
5 Year (Investor, P&I)
3.58% p.a.
Comparison Rate
4.65% p.a.
90% 80%
5 Year (Owner Occupier, IO)
5.23% p.a.
Comparison Rate
4.90% p.a.
80% 80%
5 Year (Owner Occupier, P&I)
3.34% p.a.
Comparison Rate
4.17% p.a.
90% 80%
Product NameAMP Professional Package Fixed Loan
Interest Rate TypeFixed
Comp Rate^ (p.a.)
Minimum Loan Amount$100,000
Maximum Loan Amount$2,000,000
Minimum Loan Term10 years
Maximum Loan Term30 years
Maximum LVR80%
Maximum Insured LVR90%
Mortgage Offset AccountNo
Mortgage 100% OffsetNo
Loan Redraw FacilityNo
Split Loan FacilityYes
Fixed Interest OptionYes
Loan PortableYes
Suitable for InvestmentYes
Extra RepaymentYes
Available as equity loan/line of creditNo
Repayment TypePrincipal & Interest and Interest Only Options
Application Fee$350
Lender's Legal Fee$0
Valuation Fee$220-$440
Ongoing Fees$0 p.a.
Settlement Fee$250
Discharge Fee$100

Pros

  • A low minimum loan amount
  • Borrow up to 90%

Cons

  • No offset account
  • A $100 discharge fee applies

What do I need to know about this loan?

The AMP Professional Package Fixed Home Loan is a package home loan that allows you to pick features from a range of AMP home loans and products.

What are the feature and benefits of the AMP Professional Package Fixed Home Loan?

  • Loan amount. This loan has a minimum loan amount of $100,000 and a maximum loan amount of $2,000,000. The loan allows you to borrow up to 90% of the value of the property you're buying. Borrowing above 80% will incur a lenders mortgage insurance premium.
  • Repayment frequency. You can make your repayments weekly, fortnightly or monthly to suit your pay cycle. The AMP Professional Package Fixed Home Loan allows you to make up to $10,000 in additional repayments per year without penalty.
  • Waived fees. AMP is currently waiving the establishment and settlement fees for this loan.
  • Split facility. The AMP Professional Package Fixed Home Loan allows you to split your loan account up to 10 times to take advantage of both variable and fixed rate products.

What fees and charges come with this loan?

  • Settlement fee: $250. This one-time fee covers the cost of funding your home loan. AMP is currently waiving this fee.
  • Annual package fee: $0. This annual fee gives you access to this home loan's package benefits.
  • Discharge fee: $100. This fee is charged when you close your home loan account, either by repaying your loan or refinancing.
  • Valuation fee $220-$440. The valuation fee varies depending on the property's value and location. Properties valued at less than $1 million in metropolitan areas incur a fee of $220. For properties under $1 million in non-metropolitan areas the fee is $330. If the property's value is over $1 million the valuation fee is $440 in all areas.

How do I apply for this loan?

If you believe the AMP Professional Package Fixed Home Loan is suited to your situation, click the link below. You'll be asked to fill out a brief form, and an AMP lending specialist will contact you to walk you through the application process.

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AMP Professional Package Fixed Loan

  • Interest Rate

    N/A

  • Comparison Rate

    N/A

  • App Fee / Annual Service Fee

    $350 / $0

  • Max LVR

    80%

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