The Finance Algorithm
Lending 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 25 Aug 2026
At a glance
Variable (investor P&I)
6.39%
Max LVR
80%
Annual fee
$415
Features
offset, redraw, extra repayments
§ 01 — Rates · 8
TypeApplies toTermBandRateComparisonConditions
VariableNew business rates, fees and charges applyInvestment · Interest only≤50% LVR · $100,000+6.54%6.85%New business rate
VariableNew business rates, fees and charges applyInvestment · Interest only50–60% LVR · $100,000+6.54%6.85%New business rate
VariableNew business rates, fees and charges applyInvestment · Interest only60–70% LVR · $100,000+6.59%6.89%New business rate
VariableNew business rates, fees and charges applyInvestment · Interest only70–80% LVR · $100,000+6.59%6.89%New business rate
VariableNew business rates, fees and charges applyInvestment · P&I≤50% LVR · $100,000+6.39%6.80%New business rate
VariableNew business rates, fees and charges applyInvestment · P&I50–60% LVR · $100,000+6.39%6.80%New business rate
VariableNew business rates, fees and charges applyInvestment · P&I60–70% LVR · $100,000+6.39%6.80%New business rate
VariableNew business rates, fees and charges applyInvestment · P&I70–80% LVR · $100,000+6.39%6.80%New business rate
§ 02 — Fees · 25
FeeTypeAmountWhenNotes
Telegraphic transfer fee - depositsDeposit$30When funds are transferred to youraccount (by SWIFTor telegraphic transfer) from a bank in Australia or overseas (in Australian dollars).
Payment dishonour feesDishonourVariesYou 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…
$0 Equity Flex redraw feeEventNo feeThis fee is waived for this package type
$0 Equity Flex variation feeEventNo feeThis fee is waived for this package type
Audit certificate feeEvent$25When you or an auditor request an audit certificate for your account
Rework feeEvent$249Payable when a loan agreement or variation to loan agreement is re-issued due to changes requested by either you or the introducer.
Solicitor or mortgage processing servicer non-standard additional costsEventVariesNon-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…
Solicitors' and mortgage processing servicers' incidental costsEvent$82.50Per 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…
Transaction trace feeEvent$20When you request us to investigate and trace a transaction
Valuation feeEventVariesPayable 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.
Verification of identity by Australia PostEventVariesPayable when you obtain a Verification of Identity service from an Australia Post office.
Visa dispute feeEvent$25When you dispute a Visa transaction and we do not find in your favour
Discharge feeExit$490Payable 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…
$0 Equity Flex monthly feePeriodicNo feeEvery 1 moThis fee is waived for this package type
Equity Flex package feePeriodic$415Every 1 yrPayable 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.
Emergency replacement AMP Visa Debit Card feeReplacement$15When you request urgent delivery of a replacement access card
Currency conversion feeTransaction2.50% of transactionWhen 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
$0 Equity Flex application feeUpfrontNo feeThis fee is waived for this package type
$0 Equity Flex Settlement feeUpfrontNo feeThis fee is waived for this package type
AMP internal refinance feeUpfront$299Payable 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…
Company or Trust FeeUpfront$2,500Payable at settlement where the borrower is either a company or trustee. Not applicable for SuperEdge, AMP First or Essential Loan.
Multiple Security FeeUpfront$250Per security. Payable for each additional security offered at loan establishment. Fee is not refundable.
Solicitors and mortgage processing servicers' costUpfront$295Whenever 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.
International ATM cash withdrawal feeWithdrawal$4.50When you withdraw from your account at any international ATM
Telegraphic transfer fee - withdrawalsWithdrawal$30When 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…
§ 03 — Features
Offset accountRedrawExtra repaymentsGuarantor optionDigital bankingFraud protectionUnlimited transactionsApple Pay, Samsung Pay or Google Pay
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Citizen or Permanent Resident
  • · Amount $100,000 to 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 25 Aug 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.