The Finance Algorithm
Lending and bank accounts, both associated with BSB number 939 200 logoLending and bank accounts, both associated with BSB number 939 200

Equity Flex

A variable rate home loan with offsets available. A package fee is applicable

Home loansBank updated 6 Nov 2026
Product page ↗Fees and pricing ↗Terms ↗

At a glance

Variable (investor P&I)
6.89%
Max LVR
80%
Annual fee
$415
Features
offset, redraw, extra repayments

How it compares

This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This home loan: 6.94%Every other institution's lowest, 103 in all

Investment, principal & interest, 80% LVR. One dot per institution, at its lowest investor variable home loan rate anyone can apply for; hover or tap a dot for its name.

RateThis home loanBest anywhereTypical institutionWhere it sits
Investor variable home loanInvestment, principal & interest, 80% LVR6.94%5.94%AAA Financial Corporation's Portfolio Loan6.59%of 104 institutions80th lowest of 104, level with one other

Rates

Every rate Lending and bank accounts, both associated with BSB number 939 200 publishes for this home loan, 8 in all.

Variable rate by LVR

Investment, principal and interest, the lowest rate published for each band of the loan's share of the property's value

  1. ≤50%6.89%
  2. 50–60%6.89%
  3. 60–70%6.94%
  4. 70–80%6.94%
Variable rate for the band
TypeApplies toTermBandRateComparisonConditions
VariableNew business rates, fees and charges applyInvestment, Interest only-≤50% LVR, $100,000+7.04%7.35%New business rate
VariableNew business rates, fees and charges applyInvestment, Interest only-50–60% LVR, $100,000+7.04%7.35%New business rate
VariableNew business rates, fees and charges applyInvestment, Interest only-60–70% LVR, $100,000+7.09%7.40%New business rate
VariableNew business rates, fees and charges applyInvestment, Interest only-70–80% LVR, $100,000+7.09%7.40%New business rate
VariableNew business rates, fees and charges applyInvestment, P&I-≤50% LVR, $100,000+6.89%7.29%New business rate
VariableNew business rates, fees and charges applyInvestment, P&I-50–60% LVR, $100,000+6.89%7.29%New business rate
VariableNew business rates, fees and charges applyInvestment, P&I-60–70% LVR, $100,000+6.94%7.34%New business rate
VariableNew business rates, fees and charges applyInvestment, P&I-70–80% LVR, $100,000+6.94%7.34%New business rate

Rate changes

18 changes logged, newest first.

DateRateWasNowChange
7 Nov 2026Variable, Investment, Interest only, ≤50% LVR, $100,000+6.79%7.04%up 0.25
7 Nov 2026Variable, Investment, Interest only, 50–60% LVR, $100,000+6.79%7.04%up 0.25
7 Nov 2026Variable, Investment, Interest only, 60–70% LVR, $100,000+6.84%7.09%up 0.25
7 Nov 2026Variable, Investment, Interest only, 70–80% LVR, $100,000+6.84%7.09%up 0.25
7 Nov 2026Variable, Investment, P&I, ≤50% LVR, $100,000+6.64%6.89%up 0.25
7 Nov 2026Variable, Investment, P&I, 50–60% LVR, $100,000+6.64%6.89%up 0.25
7 Nov 2026Variable, Investment, P&I, 60–70% LVR, $100,000+6.69%6.94%up 0.25
7 Nov 2026Variable, Investment, P&I, 70–80% LVR, $100,000+6.69%6.94%up 0.25
16 Oct 2026Variable, Investment, P&I, 60–70% LVR, $100,000+6.64%6.69%up 0.05
16 Oct 2026Variable, Investment, P&I, 70–80% LVR, $100,000+6.64%6.69%up 0.05
3 Oct 2026Variable, Investment, Interest only, ≤50% LVR, $100,000+6.54%6.79%up 0.25
3 Oct 2026Variable, Investment, Interest only, 50–60% LVR, $100,000+6.54%6.79%up 0.25
3 Oct 2026Variable, Investment, Interest only, 60–70% LVR, $100,000+6.59%6.84%up 0.25
3 Oct 2026Variable, Investment, Interest only, 70–80% LVR, $100,000+6.59%6.84%up 0.25
3 Oct 2026Variable, Investment, P&I, ≤50% LVR, $100,000+6.39%6.64%up 0.25
3 Oct 2026Variable, Investment, P&I, 50–60% LVR, $100,000+6.39%6.64%up 0.25
3 Oct 2026Variable, Investment, P&I, 60–70% LVR, $100,000+6.39%6.64%up 0.25
3 Oct 2026Variable, Investment, P&I, 70–80% LVR, $100,000+6.39%6.64%up 0.25

Each change is logged the night it appears in the rates AMP - My AMP publishes. See how every lender answered the RBA on the rate tracker.

Fees

25 fees published, grouped by when they're charged.

  1. When you take it outUp to $2,5006 fees, each listed below
  2. While you hold itUp to $4152 fees, each listed below
  3. When you close it or pay it off$490Discharge fee

When you take it out6

  • $0 Equity Flex application fee

    This fee is waived for this package type

    No fee
  • $0 Equity Flex Settlement fee

    This fee is waived for this package type

    No fee
  • AMP internal refinance fee

    Payable on settlement. Payable on settlement where you had an AMP Bank loan immediately before establishment of this loan and that loan was refinanced or otherwise replaced with this loan, either in…

    $299
  • Company or Trust Fee

    Payable at settlement where the borrower is either a company or trustee. Not applicable for SuperEdge, AMP First or Essential Loan.

    $2,500
  • Multiple Security Fee

    Per security. Payable for each additional security offered at loan establishment. Fee is not refundable.

    $250
  • Solicitors and mortgage processing servicers' cost

    Whenever a new loan agreement is established and we instruct our solicitors or mortgage processing servicers' to act on our behalf in connection with this agreement or a security.

    $295

While you hold it2

  • $0 Equity Flex monthly fee

    This fee is waived for this package type

    No fee
  • Equity Flex package fee

    Payable in arrears for packages, eligibilitiy requirements may apply. $6 monthly account management fee is payable on the offset deposit account when linked to a Basic Variable Rate Loan.

    $415 a year

When you make a transaction4

  • Telegraphic transfer fee - deposits

    When funds are transferred to youraccount (by SWIFTor telegraphic transfer) from a bank in Australia or overseas (in Australian dollars).

    $30
  • Currency conversion fee

    When you use your AMP Visa Debit card to make a purchase overseas or withdraw from an ATM overseas in a foreign currency and the transaction is converted to Australian dollars

    2.50% of transaction
  • International ATM cash withdrawal fee

    When you withdraw from your account at any international ATM

    $4.50
  • Telegraphic transfer fee - withdrawals

    When you request us to transfer funds from your account (by SWIFT) to a bank in Australia (in Australian dollars). When you request us to transfer fundsfrom your account (by telegraphic transfer) to…

    $30

If a payment is late or fails1

  • Payment dishonour fees

    You may be charged a fee by an external bank or financial institution for a transaction relating to your loan (eg. if a payment to your loan made from another bank is dishonoured, the other bank may…

    Varies

When particular things happen11

  • $0 Equity Flex redraw fee

    This fee is waived for this package type

    No fee
  • $0 Equity Flex variation fee

    This fee is waived for this package type

    No fee
  • Audit certificate fee

    When you or an auditor request an audit certificate for your account

    $25
  • Rework fee

    Payable when a loan agreement or variation to loan agreement is re-issued due to changes requested by either you or the introducer.

    $249
  • Solicitor or mortgage processing servicer non-standard additional costs

    Non-standard additional costs that may be payable, including courier costs, telegraphic transfer costs, cost to arrange settlement in a remote area and costs for urgent preparation of documents and/o…

    Varies
  • Solicitors' and mortgage processing servicers' incidental costs

    Per security property. Whenever a variation to an existing loan agreement is made and we instruct our solicitors or mortgage processing servicers to act on our behalf in connection with the security…

    $82.50
  • Transaction trace fee

    When you request us to investigate and trace a transaction

    $20
  • Valuation fee

    Payable when valuation costs associated with a loan application or variation exceed $550. If applicable, we will advise you of any excess valuation costs payable prior to the valuation.

    Varies
  • Verification of identity by Australia Post

    Payable when you obtain a Verification of Identity service from an Australia Post office.

    Varies
  • Visa dispute fee

    When you dispute a Visa transaction and we do not find in your favour

    $25
  • Emergency replacement AMP Visa Debit Card fee

    When you request urgent delivery of a replacement access card

    $15

When you close it or pay it off1

  • Discharge fee

    Payable when we are requested to discharge all securities. Customers also pay the actual solicitors' or mortgage processing servicers' costs, which include,for example, search fees and postage, valua…

    $490

Features

Offset accountRedrawExtra repaymentsGuarantor optionDigital bankingFraud protectionUnlimited transactionsApple Pay, Samsung Pay or Google Pay

Eligibility and limits

  • Minimum age 18
  • Residency: Citizen or Permanent Resident
  • Amount from $100,000, no maximum
  • The loan term ranges from a minimum of 31 years to a maximum of 40 years

Published by AMP - My AMP under the Consumer Data Right, last changed by them on 6 Nov 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.