BankMate

AMP home loans

AMP has one home loan that BankMate tracks, with 2 options: variable, for owner-occupiers or investors, paying principal and interest.

Home loan · Variable

AMP Essential Home Loan

Loan for
Deposit

6.57%comparison rate p.a. · 6.54% advertised

Variable · P&I · Owner-occupier · 60–80% LVR

54th of 93 variable owner-occupier P&I loans

Go to AMP

Comparison rates are based on a secured loan of $150,000 over 25 years. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Offset account
No
Redraw
Yes
Extra repayments
Yes
Application fee
None
Ongoing fee
None
Discharge fee
$490
Compare all 321 home loans
Compare AMP side by side

Variable · P&I · Owner-occupier · ≤50% LVR
6.47% comparison · 6.44% advertised
Variable · P&I · Owner-occupier · 50–60% LVR
6.47% comparison · 6.44% advertised
Variable · P&I · Owner-occupier · 60–80% LVR
6.57% comparison · 6.54% advertised
Variable · P&I · Owner-occupier · 80–90% LVR
6.67% comparison · 6.64% advertised
Variable · P&I · Owner-occupier · 90–95% LVR
7.07% comparison · 7.04% advertised
Variable · P&I · Investor · ≤50% LVR
6.47% comparison · 6.44% advertised
Variable · P&I · Investor · 50–60% LVR
6.47% comparison · 6.44% advertised
Variable · P&I · Investor · 60–80% LVR
6.57% comparison · 6.54% advertised
Variable · P&I · Investor · 80–90% LVR
6.82% comparison · 6.79% advertised
Variable · P&I · Investor · 90–95% LVR
7.17% comparison · 7.14% advertised

Application fee
None
Ongoing fee
None
Discharge fee
$490
Redraw fee
None

Offset account
No
Redraw
Yes
Extra repayments
Yes
Portable
No
Repayment holiday
No

Minimum loan
$250,000

  • AMP Essential Home Loan · Variable · P&I · Owner-occupier
  • RBA cash rate
  • Market average
5.006.00SepOctToday6.57% p.a. today

October 20261 change

  1. 3Sat
    • 10 variants up 0.253 days after the RBA rise to 4.60%
      All Variable · P&I
      Owner-occupier · ≤50% LVR6.226.47+0.25
      Owner-occupier · 50–60% LVR6.226.47+0.25
      Owner-occupier · 60–80% LVR6.326.57+0.25
      Owner-occupier · 80–90% LVR6.426.67+0.25
      Owner-occupier · 90–95% LVR6.827.07+0.25
      Investor · ≤50% LVR6.226.47+0.25
      Investor · 50–60% LVR6.226.47+0.25
      Investor · 60–80% LVR6.326.57+0.25
      Investor · 80–90% LVR6.576.82+0.25
      Investor · 90–95% LVR6.927.17+0.25
      +0.25

A variable home loan with no offset facility and no package fees.

Notes on AMP home loans

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As of 1 November 2026, AMP has one home loan product in 10 variants tracked by BankMate. Its lowest comparison rate for an owner-occupier paying principal and interest on a variable loan is 6.57% (AMP Essential Home Loan), ranking 54th of 93 variable owner-occupier P&I loans and sitting 0.01 points below the market average of 6.58%. Its rates last moved on 3 October 2026, 3 days after the RBA rise to 4.60%. From the provider's Consumer Data Right feed, refreshed nightly.