Owner occupied loans
See all owner occupied rates
Offset home loan
With fast approval times, clever ways to help you pay off your mortgage and access to more money when you need it, AMP home loans work harder for you.
Variable interest1 and comparison rates(ii) for owner-occupied Professional Package home loans with principal and interest repayments.
We know you'll be working hard on your home, so let our home loans work harder for you
Reduce interest with an offset account
Open up to 10 offset accounts to help reduce your interest and manage your repayments.
Unlimited repayments on all variable loans
Make unlimited repayments on variable rate home loans, and up to $10,000 a year on fixed rate loans.
Fixed and variable rate options
Make your home loan work harder for you with a choice of fixed or variable rates, or a combination of both.
Flexible repayment options
Choose between weekly, fortnightly, or monthly repayments to help manage cash flow, reduce interest or pay your loan off sooner.
Redraw
Request to redraw money you've paid above the minimum repayments required on our variable home loans.
Access extra funds
Access extra funds when you need to, with AMP home loan master limit*, line of credit and increase options.
Fast, hassle-free, approvals
We provide same day approval to eligible borrowers.**
Self-employed options
Simple processes requiring less paperwork, so you have more time for your business.
The Professional Package or Offset home loan is a home loan with fixed, variable and Line of Credit options. Offsets are available for variable loans. A package fee is applicable.
Investment loans
See all investment rates
Buying a new home?
If you don't have a property locked in yet, pre-qualify in minutes to understand your borrowing power.
Owner occupied rates
Variable interest rates
Effective
| Loan type | Principal and Interest | Interest Only | |||
| LVR | Interest rate(i) | Comparison rate(ii) | Interest rate(i) |
Comparison rate(ii) | |
| Variable rate loan (Owner Occupied) (iii) | |||||
| $1,000,000 and above |
LVR ≤60% | % pa | % pa | % pa |
% pa |
| LVR ≤80% | % pa | % pa | % pa | % pa | |
| LVR <90% + LMI | % pa | % pa | n/a |
n/a |
|
| $500,000 to less than $1,000,000 | LVR ≤60% | % pa | % pa | % pa | % pa |
| LVR ≤80% | % pa | % pa | % pa | % pa | |
| LVR ≤90% + LMI | % pa | % pa | n/a |
n/a |
|
| $100,000 to less than $500,000 | LVR ≤60% | % pa | % pa | % pa | % pa |
| LVR ≤80% | % pa | % pa | % pa | % pa | |
| LVR ≤90% + LMI | % pa | % pa | n/a |
n/a |
|
| Construction | |||||
|---|---|---|---|---|---|
| $500,000 and above | LVR ≤90% + LMI | n/a |
n/a |
% pa | % pa |
| $100,000 to less than $500,000 | LVR ≤90% + LMI | n/a |
n/a |
% pa | % pa |
| Reference Rate(iv) | Standard Reference Rate | Standard Reference Rate Interest Only | |||
| Line of credit(iii) | |||||
| $1,000,000 and above | LVR ≤80% | n/a |
n/a |
% pa | % pa |
| $500,000 to less than $1,000,000 | LVR ≤80% | n/a |
n/a |
% pa | % pa |
| $100,000 to less than $500,000 | LVR ≤80% | n/a |
n/a |
% pa | % pa |
| Reference Rate(iv) | Line Of Credit Reference Rate | Line of Credit Reference Rate Interest Only | |||
Fixed interest rates
Effective
| Loan type | Principal and Interest | Interest Only | |||
| LVR | Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates (Owner Occupied) $100,000 and above |
|||||
| 1 year fixed rate | LVR ≤80% | % pa |
% pa |
% pa |
% pa |
| LVR ≤90% + LMI | % pa | % pa | n/a |
n/a |
|
| 2 year fixed rate | LVR ≤80% | % pa |
% pa |
% pa |
% pa |
| LVR ≤90% + LMI | % pa | % pa | n/a |
n/a |
|
| 3 year fixed rate | LVR ≤80% | % pa |
% pa |
% pa |
% pa |
| LVR ≤90% + LMI | % pa | % pa | n/a |
n/a |
|
| 5 year fixed rate | LVR ≤80% | % pa |
% pa |
% pa |
% pa |
| LVR ≤90% + LMI | % pa | % pa | n/a |
n/a |
|
Investment rates
Variable interest rates
Effective
| Loan type | Principal and Interest | Interest Only | |||
| LVR | Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Variable rate loan (Investment) (iii) | |||||
| $1,000,000 and above | LVR ≤60% | % pa | % pa | % pa | % pa |
| LVR ≤80% | % pa | % pa | % pa | % pa | |
| LVR ≤90% |
% pa | % pa | n/a |
n/a |
|
| $500,000 to less than $1,000,000 |
LVR ≤60% | % pa |
% pa |
% pa |
% pa |
| LVR ≤80% | % pa |
% pa |
% pa | % pa |
|
| LVR <90% | % pa |
% pa |
n/a |
n/a |
|
| $100,000 to less than $500,000 | LVR ≤60% | % pa | % pa | % pa | % pa |
| LVR ≤80% | % pa | % pa | % pa |
% pa | |
| LVR ≤90% | % pa | % pa | n/a |
n/a |
|
| Construction | |||||
| $500,000 and above | LVR ≤60% | n/a |
n/a |
% pa |
% pa |
| LVR ≤90% | n/a |
n/a |
% pa | % pa | |
| $100,000 to less than $500,000 | LVR ≤90% |
n/a |
n/a |
% pa | % pa |
| Reference Rate(iv) | Standard Reference Rate Investment | Standard Reference Rate Interest Only Investment | |||
| Line of Credit (Investment) (iii) |
|||||
| $1,000,000 and above | LVR ≤60% | n/a |
n/a |
% pa |
% pa |
| LVR ≤80% | n/a |
n/a |
% pa | % pa | |
| $500,000 to less than $1,000,000 | LVR ≤60% | n/a |
n/a |
% pa | % pa |
| LVR ≤80% | n/a |
n/a |
% pa | % pa | |
| $100,000 to less than $500,000 | LVR ≤80% | n/a |
n/a |
% pa |
% pa |
| Reference Rate(iv) | Line Of Credit Reference Rate Investment | Line Of Credit Reference Rate Interest Only Investment |
|||
Fixed interest rates
Effective
| Loan type | Principal and Interest | Interest Only | |||
| LVR | Interest rate(i) | Comparison rate(ii) | Interest rate(i) | Comparison rate(ii) | |
| Fixed rates (Investment) $100,000 and above |
|||||
| 1 year fixed rate | LVR ≤80% | % pa |
% pa |
% pa |
% pa |
| LVR ≤90% | % pa |
% pa |
n/a |
n/a |
|
| 2 year fixed rate | LVR ≤80% | % pa |
% pa |
% pa | % pa |
| LVR ≤90% | % pa |
% pa |
n/a |
n/a |
|
| 3 year fixed rate | LVR ≤80% | % pa |
% pa |
% pa |
% pa |
| LVR ≤90% | % pa |
% pa |
n/a |
n/a |
|
| 5 year fixed rate | LVR ≤80% | % pa |
% pa |
% pa |
% pa |
| LVR ≤90% | % pa |
% pa |
n/a |
n/a |
|
Fees
| Application fee | $0 |
| Valuation fee3 | $0 |
| Settlement fee | $0 |
| Monthly fee | $0 |
| Annual fee | $349 |
| Redraw fee | $0 |
Other up-front fees apply, such as our solicitor’s fee and government-imposed fees which include stamp duty, mortgage registration fee, and title transfer fee. These are illustrated in our Fees & Charges guide. An estimate will be provided in the digital application form.
Calculate an estimate of stamp duty and other government fees.
Calculators
See how much you could borrow based on your income and expenses.
Get a clear idea of your monthly repayments and ways to reduce your interest.
Enter your current loan details to see how much you could save by refinancing.
Let us work hard for you...
Whether you’re purchasing a home, refinancing, or want to know how much you can borrow, our local home loan specialists are here to help.
Contact us directly
New home loan enquiries: 1300 534 325
Mon - Fri 9am - 5pm Sydney time
All other home loan enquiries: 13 30 30
Mon - Fri 8am - 8pm Sydney time
Sat & Sun 9am - 5pm Sydney time
What you need to know
The product issuer and credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit licence 234517.
It’s important to consider your circumstances and read the relevant Product Disclosure Statement or Terms and Conditions before deciding what’s right for you. This information hasn’t taken your circumstances into account. Information including interest rates is subject to change without notice.
Any application is subject to AMP Bank’s approval. Terms and conditions apply and are available at amp.com.au/bankterms or 13 30 30. Fees and charges may be payable. Full details are available in the Fees and charges guide.
AMP Bank is a member of the Australian Banking Association (ABA) and is committed to the standards in the Banking Code of Practice.
A target market determination for these products is available on our TMD page
1 Owner Occupied Professional Package variable rate loan, $1,000,000 and above, LVR ≤60%, P&I repayments. Rate is for new loans only and is subject to change.
2 Investment Professional Package variable rate loan, $1,000,000 and above, LVR ≤60%, P&I repayments. Rate is for new loans only and is subject to change.
3 Valuation fee is free up to the value of $550.
(i) Rates are subject to change.
(ii) Comparison rate calculated for a secured loan on a loan amount of $150,000 for a 25-year term. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
(iii) Available for new loans only.
(iv) View a full list of Reference Rates and their values.
* The Master Limit feature is an overall lending limit that is available for a borrower’s financing needs, now and in the future. It can provide flexibility to borrowers to restructure their debts. Product specific rules apply. Request to add Master Limit may be approved on a new loan application, or an existing loan with payment of $299 variation fee. Approval subject to AMP Bank guidelines. Excludes Land Loans, Basic Package and AMP Essential Home Loan. Contact AMP Bank on 13 30 30 for more information.
** In many cases a conditional approval will be provided immediately after submission. The time to receive a full unconditional approval will vary. Where only identification is required, an immediate response to our SMS to complete this could result in an unconditional approval within an hour. Unconditional approval could take longer if we need to seek clarifications from you, or if we need to undertake a physical inspection of your property. The speed of response is also dependant on the time a second applicant takes to confirm their application details, and for all applicants to complete the biometric ID check.