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AMP Bank

AMP Bank Professional Package Line of Credit Investment Loan (< 500k+)

Interest Rate

2.79

% p.a

Variable

Comparison Rate*

2.89

% p.a

Maximum LVR
80%
Real Time Rating™

0.98

/ 5
Monthly Repayment

$1,390

based on $300,000 loan amount for 25 years at 2.79%

Interest Rate

2.79

% p.a

Variable

Comparison Rate*

2.89

% p.a

Maximum LVR
80%
Real Time Rating™

0.98

/ 5
Monthly Repayment

$1,390

based on $300,000 loan amount for 25 years at 2.79%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,390

based on $300,000 loan amount for 25 years at 2.79%

AMP Bank home loans are available through brokers who can help find the right loan and manage your application at no charge.

Vini Paulatti

5.0
4 Reviews

Get expert advice from a home loans specialist.

Specialized in investment property (residential, commercial, trust and SMSF). Have helped many clients to overcome the borrowing capacity limitation they all face when start building an investment property portfolio. Helped many clients to refinance and reduce their home loan repayments, allowing then to increase their savings to contribute towards the next investment property purchase. Our mission is to simplify the loan process to our clients and at the same time add value to our clients to keep then with us in a long term.

VIC3750

CRN: 527259

Quick home loan review

For Professional Package Line of Credit Investment Loan ($100k-$500k)

These are the benefits of this home loan.

  • Lower than average interest rate
  • Split account option

These are the drawbacks of this home loan.

  • No extra repayments
  • No redraw and no offset
  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • No repayment holidays

Home loan overview

For Professional Package Line of Credit Investment Loan ($100k-$500k)

TMD

Details

Maximum LVR

80%

Total Repayments

Next LVR

Interest rate type

Variable

Borrowing range

Suitable for

Investors, Line of Credit

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Monthly

Features

Extra repayments

Not Allowed

Redraw facility

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

295

Application fee

0

Valuation fee

$0

Settlement fee

0

Other upfront fee

0

Ongoing fee

$349 annually

Discharge fee

390

Application method

Online

Phone

In branch

Target Market Determination

Visit AMP Bank to view Target Market Determination.

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FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $100k to $500k.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 80 percent, which means it requires a minimum deposit of 20 percent

What's the maximum length for this loan?

AMP Bank allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

AMP Bank allows you to make repayments to this loan option through one of the following repayment schedules: monthly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $295 worth of upfront fees.

Does this loan come with a redraw facility?

No, this loan doesn't come with a redraw facility.

How do you apply for this loan?

To apply for this loan, please contact AMP Bank.

Can a broker help me with this loan?

Yes, this AMP Bank loan is available through a broker. Find a broker to help you with your needs.