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

AMP First Home Loan

A home loan with fixed, variable and Line of Credit options. Offsets are available for variable loans. The Bank reviews the AMP First comparison rate every 3 months and adjusts rates of existing and new customers if the rate is not in the top 3 of its competitors. Only available to AMP employees, AMP Superannuation members, certain shareholders, and other client groups defined by AMP Bank.

Home loansBank updated 25 Aug 2026
At a glance
Variable (owner occ. P&I)
6.13% · 6.13% comparison
Variable (investor P&I)
6.34%
Fixed
1 yr 6.38% · 2 yrs 6.38% · 3 yrs 6.48% · 5 yrs 6.78%
Max LVR
95%
Annual fee
$0
Features
offset, redraw, extra repayments
§ 01 — Rates · 44
TypeApplies toTermBandRateComparisonConditions
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · Interest only1 yr fixed≤80% LVR6.59%6.37%New business rate
FixedUp to 5 year interest only period. New business rates, fees and charges applyInvestment · Interest only1 yr fixed80–90% LVR · $40,000+7.09%6.42%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · Interest only2 yrs fixed≤80% LVR6.59%6.39%New business rate
FixedUp to 5 year interest only period. New business rates, fees and charges applyInvestment · Interest only2 yrs fixed80–90% LVR · $40,000+7.09%6.49%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · Interest only3 yrs fixed≤80% LVR6.64%6.42%New business rate
FixedUp to 5 year interest only period. New business rates, fees and charges applyInvestment · Interest only3 yrs fixed80–90% LVR · $40,000+7.14%6.57%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · Interest only5 yrs fixed≤80% LVR6.88%6.57%New business rate
FixedUp to 5 year interest only period. New business rates, fees and charges applyInvestment · Interest only5 yrs fixed80–90% LVR · $40,000+7.38%6.79%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · P&I1 yr fixed≤90% LVR6.48%6.35%New business rate
FixedNew business rates, fees and charges applyInvestment · P&I1 yr fixed90–95% LVR · $40,000+6.98%7.03%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · P&I2 yrs fixed≤90% LVR6.48%6.37%New business rate
FixedNew business rates, fees and charges applyInvestment · P&I2 yrs fixed90–95% LVR · $40,000+6.98%7.03%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · P&I3 yrs fixed≤90% LVR6.58%6.41%New business rate
FixedNew business rates, fees and charges applyInvestment · P&I3 yrs fixed90–95% LVR · $40,000+7.08%7.05%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · P&I5 yrs fixed≤90% LVR6.88%6.58%New business rate
FixedNew business rates, fees and charges applyInvestment · P&I5 yrs fixed90–95% LVR · $40,000+7.38%7.19%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · Interest only1 yr fixed≤80% LVR6.59%6.18%New business rate
FixedUp to 5 year interest only period. New business rates, fees and charges applyOwner occupied · Interest only1 yr fixed80–90% LVR · $40,000+7.09%6.23%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · Interest only2 yrs fixed≤80% LVR6.59%6.22%New business rate
FixedUp to 5 year interest only period. New business rates, fees and charges applyOwner occupied · Interest only2 yrs fixed80–90% LVR · $40,000+7.09%6.32%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · Interest only3 yrs fixed≤80% LVR6.64%6.27%New business rate
FixedUp to 5 year interest only period. New business rates, fees and charges applyOwner occupied · Interest only3 yrs fixed80–90% LVR · $40,000+7.14%6.41%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · Interest only5 yrs fixed≤80% LVR6.88%6.45%New business rate
FixedUp to 5 year interest only period. New business rates, fees and charges applyOwner occupied · Interest only5 yrs fixed80–90% LVR · $40,000+7.38%6.67%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · P&I1 yr fixed≤90% LVR6.38%6.16%New business rate
FixedNew business rates, fees and charges applyOwner occupied · P&I1 yr fixed90–95% LVR · $40,000+6.88%6.84%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · P&I2 yrs fixed≤90% LVR6.38%6.18%New business rate
FixedNew business rates, fees and charges applyOwner occupied · P&I2 yrs fixed90–95% LVR · $40,000+6.88%6.84%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · P&I3 yrs fixed≤90% LVR6.48%6.23%New business rate
FixedNew business rates, fees and charges applyOwner occupied · P&I3 yrs fixed90–95% LVR · $40,000+6.98%6.87%New business rate
FixedOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · P&I5 yrs fixed≤90% LVR6.78%6.42%New business rate
FixedNew business rates, fees and charges applyOwner occupied · P&I5 yrs fixed90–95% LVR · $40,000+7.28%7.03%New business rate
VariableOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · Interest only≤80% LVR6.43%6.38%New business rate
VariableOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · Interest only≤80% LVR6.63%6.54%New business rate; Line of Credit
VariableConstruction is for up to 12 month period. Revert-to product is selected up front. New business rates, fees and charges applyInvestment · Interest only≤80% LVR6.73%6.38%New business rate
VariableUp to 5 year interest only period. New business rates, fees and charges applyInvestment · Interest only80–90% LVR · $40,000+7.13%6.68%New business rate
VariableOnly available to AMP shareholders and AMP employees who apply directly through AMP BankInvestment · P&I≤90% LVR6.34%6.34%New business rate
VariableNew business rates, fees and charges applyInvestment · P&I90–95% LVR · $40,000+7.04%7.04%New business rate
VariableOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · Interest only≤80% LVR6.54%6.30%New business rate
VariableOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · Interest only≤80% LVR6.74%6.55%New business rate; Line of Credit
VariableConstruction is for up to 12 month period. Revert-to product is selected up front. New business rates, fees and charges applyOwner occupied · Interest only≤80% LVR6.79%6.20%New business rate
VariableUp to 5 year interest only period. New business rates, fees and charges applyOwner occupied · Interest only80–90% LVR · $40,000+7.24%6.61%New business rate
VariableOnly available to AMP shareholders and AMP employees who apply directly through AMP BankOwner occupied · P&I≤90% LVR6.13%6.13%New business rate
VariableNew business rates, fees and charges applyOwner occupied · P&I90–95% LVR · $40,000+6.83%6.83%New business rate
§ 02 — Fees · 23
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 AMP First valuation fee (up to the value of $550)EventNo feeThis fee is waived for this package type
$0 AMP First 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
Break costsEventVariesPayable if at any time before the fixed interest period expires: You make additional repayments above the minimum required payments exceeding $10,000 for each 12 month period within a fixed interest…
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
$0 AMP First annual package feePeriodicNo feeEvery 1 yrThis fee is waived for this package type
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 AMP First master limit application feeUpfrontNo feeThis fee is waived for this package type
$0 AMP First settlement feeUpfrontNo feeThis fee is waived for this package type
$0 AMP First solicitor feeUpfrontNo feeThis fee is waived for this package type
Fixed rate lock feeUpfront0.15% of transactionPayable at settlement where you have requested that we secure the fixed interest rate on a fixed rate loan. Fixed rates will be locked for 90 days from the day the request is received. The fee is not…
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
  • · Construction available for up to a 12 month interest only period
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Citizen or Permanent Resident
  • · Staff only
  • · Amount $40,000 to no maximum
  • · The loan term ranges from a minimum of 10 years to a maximum of 30 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.