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- AMP Bank Professional Package Investment Loan Fixed (Interest Only)
AMP Bank Professional Package Investment Loan Fixed (Interest Only)
- Investor
- Fixed 3 years
- 20% min deposit
- Interest Only
Interest rate p.a.
6.29%
Comparison rate* p.a.
7.05%
AMP Bank Professional Package Investment Loan Fixed (Interest Only)
- Investor
- Fixed 3 years
- 20% min deposit
- Interest Only
Interest rate p.a.
6.29%
Comparison rate* p.a.
7.05%
AMP Bank Fixed - 3 years Rate Home Loan overview
For Professional Package Investment Loan Fixed (Interest Only) 3 Years
No owner occupier products available
Details
Maximum LVR
80%
Total repayments
Interest rate type
Fixed - 3 years
Borrowing range
$100k - $100m
Suitable for
Investors
Loan term range
10 - 30 years
Repayment type
Interest only
Applicable states
ACT, NSW, NT, QLD, SA, TAS, VIC, WA
Repayment options
Monthly
Target Market Determination
Visit AMP Bank Limited to view Target Market Determination.
Features
Extra repayments
Allowed with restrictions
Redraw facility
Offset account
Split interest facility
Loan portability
Repayment holiday available
Allow guarantors
Available for first home buyers
Other benefits
Fees
Total estimated upfront fees
$295
Application fee
$0
Legal fee
$295
Valuation fee
$0
Settlement fee
$0
Other upfront fee
$0
Ongoing fee
$349
Discharge fee
$390
Pros and Cons
For AMP Bank Professional Package Investment Loan Fixed (Interest Only)
Benefits
- Interest rates ranked in the best 20%
- Split account option
Drawbacks
- Limited extra repayments
- No redraw and no offset
- Loan reverts to higher rate after fixed period
- Ongoing fee
- Higher than average upfront fee
- Discharge fee at end of loan
- No repayment holidays
