AMP Home Loans

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AMP is one of the leading wealth management companies in Australia and provides a range of home loan products.

The Australian Mutual Provident Society (AMP) was founded in 1849 and offers an alternative to the big banks in the home loan market, providing loans with competitive interest rates, inclusive features and low or no fees. AMP allows borrowers to choose the features they want to build a loan that suits their financial situation.

AMP gives borrowers the option to include income protection, as well as life and disability insurance; retail banking products; superannuation services, retirement income offers and various other products designed for investors; and also multi-asset funds, share investments and financial advice.

AMP Essential Home Loan  -  Owner Occupier

AMP Essential Home Loan - Owner Occupier

3 .98 % p.a.

variable rate

4 .00 % p.a.

comparison rate

AMP Home Loan Offer

With the AMP Essential Home Loan - Owner Occupier enjoy a home loan with no ongoing fees and you only need a deposit of at least 10%.

  • Interest Rate of 3.98% p.a.
  • Comparison Rate of 4.00% p.a.
  • Application Fee of $350
  • Maximum LVR: 90%
  • Minimum Borrowing: $40,000
  • Maximum Borrowing: $2,000,000

Compare AMP home loans

Rates last updated December 11th, 2016
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
AMP Essential Home Loan  -  Owner Occupier
Take advantage of a redraw facility, competitive variable rate and no application or settlement fees for a limited time.
3.98% 4.00% $350 $0 p.a. 90% Go to site More info
AMP Basic Package Variable Rate Loan - Owner Occupier
Interest only option available. No monthly fee basic variable loan.
3.98% 4.02% $350 $0 p.a. 90% Go to site More info
AMP Professional Package Variable Rate Home Loan - $750,000 and above (Owner Occupier)
A variable package loan for a greater loan size. No monthly fees.
3.85% 4.22% $0 $349 p.a. 90% Go to site More info
4.22% 4.58% $0 $349 p.a. 90% More info
AMP Professional Package Variable Rate Home Loan - $250,000 to $749,999 (Owner Occupier)
A professional package option with redraw and offset facility.
3.89% 4.25% $0 $349 p.a. 90% More info
AMP Construction Loan - Owner Occupier
Build a home or investment property and take advantage of interest only options with this loan.
5.43% 5.61% $350 $10 monthly ($120 p.a.) 90% More info
AMP Classic Variable Rate Loan - Owner Occupier
Enjoy a 100% offset account, redraw facility, and up to 10 splits.
5.43% 5.61% $350 $10 monthly ($120 p.a.) 90% More info
AMP Land Loan - Owner Occupier
Purchase land to build on or hold as an investment and pay no monthly fees.
5.43% 5.61% $350 $0 p.a. 90% More info
AMP Classic Club Introductory Variable Home Loan - Owner Occupier
Customise your home loan to your liking for more flexibility.
4.43% 5.51% $350 $10 monthly ($120 p.a.) 90% More info
5.14% 5.48% $350 $10 monthly ($120 p.a.) 90% More info
4.70% 5.40% $350 $10 monthly ($120 p.a.) 90% More info
4.70% 5.47% $350 $10 monthly ($120 p.a.) 90% More info
4.70% 5.53% $350 $10 monthly ($120 p.a.) 90% More info
5.63% $350 $10 monthly ($120 p.a.) 90% More info
4.59% 4.27% $350 $0 p.a. 90% More info
4.28% 4.10% $350 $0 p.a. 90% More info
4.28% 4.07% $350 $0 p.a. 90% More info
4.35% 4.05% $350 $0 p.a. 90% More info
4.05% $0 $349 p.a. 90% More info
4.42% $0 $349 p.a. 80% More info
AMP Professional Package Line of Credit - $250,000 to $749,999 (Owner Occupier)
Use the equity in your home to make your next investment move for your future.
4.09% $0 $349 p.a. 90% More info
4.59% 4.85% $0 $0 p.a. 90% More info
4.28% 4.67% $0 $0 p.a. 90% More info
4.28% 4.64% $0 $0 p.a. 90% More info
4.35% 4.62% $0 $0 p.a. 90% More info
Rates last updated December 11th, 2016
$
Loan purpose
Offset account
Loan type
Your filter criteria do not match any product
Interest Rate (p.a.) Comp Rate^ (p.a.) Application Fee Ongoing Fees Max LVR Monthly Payment
AMP Classic Variable Rate Loan - Investor
Enjoy a 100% offset account, redraw facility, and up to 10 splits.
5.72% 5.89% $350 $10 monthly ($120 p.a.) 90% More info
4.57% 4.59% $0 $0 p.a. 90% More info
AMP Basic Package Variable Rate Loan - Investors
A basic package loan with a competitive rate and no ongoing fee.
4.06% 4.10% $350 $0 p.a. 90% More info
5.17% 5.84% $350 $10 monthly ($120 p.a.) 90% More info
4.88% 4.73% $0 $0 p.a. 90% More info
4.57% 4.59% $0 $0 p.a. 90% More info
4.64% 4.59% $0 $0 p.a. 90% More info
4.42% $0 $349 p.a. 80% More info
4.19% $0 $349 p.a. 80% More info
5.61% 5.85% $350 $10 monthly ($120 p.a.) 90% More info
5.17% 5.74% $350 $10 monthly ($120 p.a.) 90% More info
5.17% 5.79% $350 $10 monthly ($120 p.a.) 90% More info
5.92% $350 $10 monthly ($120 p.a.) 90% More info
4.72% 5.79% $350 $10 monthly ($120 p.a.) 90% More info
4.88% 4.44% $350 $0 p.a. 90% More info
4.19% $0 $349 p.a. 80% More info
4.57% 4.23% $350 $0 p.a. 90% More info
4.57% 4.19% $350 $0 p.a. 90% More info
4.64% 4.15% $350 $0 p.a. 90% More info
4.37% 4.39% $350 $0 p.a. 90% More info
AMP Construction Loan - Investor
Build a home or investment property and take advantage of interest only options with this loan.
5.72% 5.89% $350 $10 monthly ($120 p.a.) 90% More info
3.99% 4.35% $0 $349 p.a. 90% More info
3.99% 4.35% $0 $349 p.a. 90% More info
4.22% 4.58% $0 $349 p.a. 90% More info
AMP Land Loan - Investor
Purchase land to build on or hold as an investment and pay no monthly fees.
5.72% 5.78% $350 $0 p.a. 90% More info

The types of home loans offered by AMP

Professional Package home loan

The Professional Home Loan Package is available as a variable interest rate, a fixed interest rate or a line of credit.

You can get a pre-approved maximum borrowing amount with theMaster Limit feature. This option allows you to use the extra money for shares, investment properties or various other opportunities for financial growth. As an additional advantage of the Master Limit option, you only have to make repayments on the funds that you use, and the amount you borrow can be available for your future investment needs for 10 years after applying. There's also a discount on your interest rate that applies for the variable rate loans and lines of credit.

The Professional Package Home Loan

Basic Package home loan

The AMP Basic Package is a simple and straightforward home loan with a competitive interest rate, as well as range of options to keep your home loan flexible. This loan lets you split your home loan up to 10 times in any combination of fixed or variable rates, as well as the option of choosing interest-only repayments for five years. There are no monthly account management fees, and the loan offers a 100% offset account.

The Basic Package Home Loan

Classic Club home loan

Customise your home loan with the AMP Classic Club Home Loan and you may also be eligible for discounted introductory rates. You can combine fixed, variable and line of credit loans with up to 10 splits allowed. This loan also offers a 100% mortgage offset facility as well as the other features of the home loans you want to combine.

The Classic Club Variable Rate Loan

Construction loan

The AMP Construction Loan offers a competitive variable interest rate during the construction period along with the option of choosing from the range of AMP home loans when the construction has finished. Suitable for builders, renovators and landowners, this loan covers the construction period of a maximum of 12 months. You can build on the land you already own, or use it to buy vacant land to build your property within the year.

The Construction Loan

Land loan

If you need more than 12 months to build your property, then the AMP Land Loan may be more suitable for you. This loan has a variable interest rate for up to 30 years and you can redraw at any time without any penalties. There are also no monthly account fees and you can make additional repayments at any time without any early repayment fees.

The Land Loan

Low Doc Package

If you’ve been self-employed and held an Australian Business Number (ABN) for two years or more, the AMP Low Doc Package allows you to self-certify your income and borrow up to 80% of the property’s value. If you borrow more than 80% loan-to-value ratio (LVR), you will have to pay lenders mortgage insurance (LMI). A 100% mortgage offset facility is also available with this loan.

The Low Doc Home Loan Package


How do I apply for a home loan from AMP?

If one of the AMP home loans in the table above interests you, simply click 'Go to Site' to be taken directly to AMP to start an enquiry. Alternatively, you can click 'More Info' to be taken to a review page or a mortgage broker form where you can contact a mortgage broker. They'll take you through the next steps.

The application process for an AMP home loan is relatively simple, requiring only a simple application form to be filled in (you can also ask for help by contacting one of the AMP banking specialists by phone). You will only have to complete additional forms in the case you are a Guarantor or you need a loan for a company or a trust.

How to compare home loans so you can make an informed decision

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3 Responses to AMP Home Loans

  1. Default Gravatar
    Kim | July 24, 2014

    Hi,
    I’m owning my own home, currently looking to down size and want know if you provide a bridge home loan.

    if yes, can you please provide details to my email.

    thank you.

    regards,

    Kim

    • Staff
      Shirley | July 25, 2014

      Hi Kim,

      Thanks for your question.

      Please refer to the link I’ve emailed you regarding AMP Home loans.

      Cheers,
      Shirley

    • Staff
      Elizabeth | July 25, 2014

      Hi Kim,

      Thanks for your question.

      AMP currently do not provide bridging loans. If you’d like to compare your other bridging finance options, you can do so on this page.

      Hope this helps.

      Thanks,

      Elizabeth

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