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AMP Bank

AMP Bank Professional Package Owner Occupied and Investment (Limited Time Special Offer)

Advertised Rate

2.29

% p.a

Variable

Comparison Rate*

2.71

% p.a

Maximum LVR
60%
Real Time Rating™

3.38

/ 5
Monthly Repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

Advertised Rate

2.29

% p.a

Variable

Comparison Rate*

2.71

% p.a

Maximum LVR
60%
Real Time Rating™

3.38

/ 5
Monthly Repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,314

based on $300,000 loan amount for 25 years at 2.29%

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

Bernard Desmond

5.0
156 Reviews

Get expert advice from a home loans specialist.

Bernard Desmond OPPORTUNITY BROKER They say there are two guarantees in life, but Bernard securing your mortgage is now unofficially the third. His confidence comes from 14 years of experience and an unequivocal desire to provide you with the most opportunity from your mortgage. But don’t just take our word for it; Bernard’s strike rate from application to approval is awarded as the best in the industry: Winner 2020 Best Customer Service of the year at the Australian Broking Awards, 2020 Best Customer Service of the year at the Better Business Awards, 2019 Residential Broker of the Year and 2018 Australian broker of the Year. Supportive yet honest, Bernard has your best interest at heart and a blank piece of paper in hand, ready to fill it with plans and possibilities. Bernard sees opportunity getting to understand you and your financial goals better than the rest. He’s personable and tenacious, giving you the ability to take your money further — like that ocean villa in Hawaii.

VIC3930

CRN: 493595

Collins Mayaki

4.9
177 Reviews

Get expert advice from a home loans specialist.

I pride myself on building long term relationships with my clients. I’ve been in the industry for over 14 solid years with a combined 30 years experience within our firm (Wealthy You). this gives clients that extra peace of mind knowing we’ve been around for a long time. We’ve worked on hundreds of applications. There isn’t a scenario we haven’t come across. We hold your hands from start to finish. As far as our company Wealthy You goes, with 30 years finance experience, we’ve got team members specialised In multiple areas within finance, for example: SMSF Loan, Construction Loans, Reverse Mortgage, Development Loans, Business Loans, Car Loan, Home Loan/Refinance/Purchasing And much much more. We go through every single file to make sure it will get approved before submission because we’ve got brokers within the team that worked with the banks for many years as people that APPROVED and DECLINED files.

NSW2000

CRN: 456296

Anshuman Lukka

5.0
33 Reviews

Get expert advice from a home loans specialist.

We are an independent accounting and financial consultancy firm focused on developing customised strategies designed to fit the needs of corporate and individual clients. We provide flexibility and expertise to support our clientele in multiple roles as well as providing access to our professional research and services. Our team consists of experienced accountants and advisers supported by a strong back office team to meet your finance needs on timely basis. Working with us, you will explore a range of options and services specifically designed to deliver you a strategic financial plan based solely on your objectives. We continue to work with you over the years to ensure that as your objectives and life-stages change, so does your strategy and your plan.

NSW2150

CRN: 499239

Quick home loan review

For Professional Package Owner Occupied and Investment Special (Combination Loan) (Principal and Interest) (LVR ≤ 60%)

These are the benefits of this home loan.

  • Interest rates ranked in the best 20%
  • 100% full offset account
  • Extra repayments and redraw facility
  • Free redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan
  • Maximum loan amount is limited to 60% of the property's value
  • No repayment holidays

Home loan overview

For Professional Package Owner Occupied and Investment Special (Combination Loan) (Principal and Interest) (LVR ≤ 60%)

TMD

Details

Maximum LVR

60%

Total Repayments

Interest rate type

Variable

Borrowing range

Suitable for

Investors, Owner Occupiers

Loan term range

10 - 30 years

Principal & interest

Interest only

Applicable states

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

Make repayments

Fortnightly, Monthly, Weekly

Features

Extra repayments

Unlimited extra repayments

Redraw facility

Redraw fee: $0

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.

Other Restrictions

For dual purpose loans, ie. owner occupied and investment. To be eligible: 1. Total loan amount must be a minimum of $500,000, 2. the dual purposes must all be contained within the one loan AND 3. Debt-to-income is < 6. The rates are only available for investment variable splits, not investment fixed splits.

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AMP Bank is available through brokers

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $500k to $2,500,000.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 60 percent, which means it requires a minimum deposit of 40 percent

What's the maximum length for this loan?

AMP Bank allows you to have this loan for a range of 10 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: fortnightly, monthly, weekly.

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?

Yes, this loan comes with a redraw, charged at $0 if you need to use it.

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.