Fixed Rate Home Loans - AMP - 2 yr fixed >$100K LVR >95% Professional |
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to select a different loan amount and loan term. Currently: $150,000 over 30 years |
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| Home Loan Lender |
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AMP Home Loan |
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| Home Loan Product Name |
2 yr fixed >$100K LVR >95% Professional |
| Interest Rate |
9.49% |
Comparison Rate
Estimated |
9.30% |
| Amount |
$150,000 |
| Term |
30 years |
Initial Monthly Payment
Estimated |
$1,260.19 |
Monthly Payment
Estimated |
$1,226.39 |
Total Paid
Estimated |
$442,526 |
| Establishment Fee |
$350.00 |
| Enquire/Apply |
 
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| Target Market |
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| Acceptable Income |
PAYG, Self Employed, Salary & Wage Earners |
| Loan Term |
Fixed terms available for Introductory 1 year, 1, 2, 3, or 5 years
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Minimum Principal & Interest - 10 years; Interest Only selected IO period
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Maximum Interest Only term 5 years (10 years subject to Credit approval)
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Maximum total term 30 years |
| Loan Size |
Minimum $40K Classic Club Fee Structure
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Minimum $100K for Pro Pack Fee Structure
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Maximum $2M. For more than $2M refer to BDM |
| Repayment Type |
Principal and Interest
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Interest Only |
| Repayment Options |
Principal and Interest Weekly, Fortnightly or Monthly.
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Interest Only Monthly |
| Extra Repayments |
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| Split Loan Facility |
Classic $75 per additional split.
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Pro Pack up to 10 splits permitted for free with min $10,000 per split. |
| Offset |
Not available |
| Redraw Facility |
Not available |
| LVR |
Owner Occupied Maximum LVR 100%
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Investment Maximum LVR 100%
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Construction Maximum LVR 0
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Refinancing Maximum LVR 95%
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Debt consolidation Maximum LVR 90% up to 5 other debts
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Over $1M subject to security location and maximum LVR allowable. |
| Fees |
Classic Club Fee Structure Minimum $40K;
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Establishment Fee of $350
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Settlement Fee of $250 plus Solicitors Fee $295 (Displayed Mortgage Pre Fee)
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Account Keeping Fee $10 per month
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Pro Pack Fee Structure Minimum $100K;
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Establishment Fee $350 for LVR >95%
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Establishment Fee nil if LVR <95%
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Settlement Fee of $250
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Mortgage Prep Fee (solicitors costs) $295
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Annual Package Fee $349 (not payable while Fixed)
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Pre Approval Fee $350
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Master Limit Application Fee $200
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LMI processing Fee $100 (in addition to any LMI premium payable)
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Deferred Establishment Fee $ 1,000 if discharged within 4 years from original
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Additional Deferred Establishment Fee (for Intro 1 yr loans only): 1% if discharged within two years 1-2 in lieu of the $1000 DEF above, however the $1000 still applies for years 3-4.
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Valuation fees - First is free. For valuations <$1M customers pays costs in excess of $220 for metro and $330 for non-metro. For $1M customer pays costs in excess of $550 in all areas.
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Loan Variation Fee / Switch / Increase Fee $350
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Fixed Rates Secure Rate Guarantee (SRG);
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- Included with the initial loan application at any time 0.15% of FR facility amount
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- After the initial loan application, and AMP has not announced a Fixed Rate Loan interest rate change - 0.15% of FR facility amount
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- After the initial loan application, and AMP has announced a Fixed Rate Loan interest rate change and before the effective date of that change - 0.25% of FR facility amount
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Early Repayment Fee $150 plus break costs if loan is partially or fully repaid during the fixed period. |
| Enquire/Apply |
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| Other Fixed Rate Home Loans |
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| Other AMP Home Loan Products |
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This Comparison Rate applies only to $150,000 with a loan term of 30 years. The loan amount and term will affect the comparison rate calculation. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparsion rate calculation but may influence the cost of the loan.
This rate is to be used as a guide only and we recommend that you confirm it with the lender before acting upon it.
The information provided in this website is a guide only and may not be complete for your purposes. ratesonline.com.au is not licensed to provide investment advice and recommends that you consult an independent financial adviser.
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