---
title: "AMP First Home Loan — AMP - My AMP"
description: "Home Loans from AMP - My AMP. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/amp-my-amp/products/AMP_FIRST_HL
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-25T00:00:00.000Z
---

# AMP First Home Loan — AMP - My AMP

> Home Loans from AMP - My AMP. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Home Loans · Lending and bank accounts, both associated with BSB number 939 200**

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.

## At a glance

- **From (owner occupied):** 6.13% (6.13% comparison)

## Interest rates

### Owner occupied — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.13% | 6.13% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Fixed · 1 year (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.38% | 6.16% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Fixed · 2 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.38% | 6.18% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Fixed · 3 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.48% | 6.23% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Fixed · 5 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.78% | 6.42% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Variable (New business rates, fees and charges apply · New business rate) | 6.83% | 6.83% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 1 year (New business rates, fees and charges apply · New business rate) | 6.88% | 6.84% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 2 years (New business rates, fees and charges apply · New business rate) | 6.88% | 6.84% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 3 years (New business rates, fees and charges apply · New business rate) | 6.98% | 6.87% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 5 years (New business rates, fees and charges apply · New business rate) | 7.28% | 7.03% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |

### Owner occupied — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.54% | 6.3% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 1 year (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.59% | 6.18% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 2 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.59% | 6.22% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 3 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.64% | 6.27% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Variable (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.74% | 6.55% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Variable (Construction is for up to 12 month period. Revert-to product is selected up front. New business rates, fees and charges apply · New business rate) | 6.79% | 6.2% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 5 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.88% | 6.45% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 1 year (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.09% | 6.23% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 2 years (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.09% | 6.32% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 3 years (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.14% | 6.41% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |
| Variable (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.24% | 6.61% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 5 years (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.38% | 6.67% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |

### Investment — Principal & interest

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.34% | 6.34% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Fixed · 1 year (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.48% | 6.35% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Fixed · 2 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.48% | 6.37% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Fixed · 3 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.58% | 6.41% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Fixed · 5 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.88% | 6.58% | LVR greater than 0% and less than or equal to 90% inc LMI |
| Fixed · 1 year (New business rates, fees and charges apply · New business rate) | 6.98% | 7.03% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 2 years (New business rates, fees and charges apply · New business rate) | 6.98% | 7.03% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |
| Variable (New business rates, fees and charges apply · New business rate) | 7.04% | 7.04% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 3 years (New business rates, fees and charges apply · New business rate) | 7.08% | 7.05% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 5 years (New business rates, fees and charges apply · New business rate) | 7.38% | 7.19% | LVR greater than 90% and less than or equal to 95% inc LMI; first_all_tier $40,000–$99,999,999 |

### Investment — Interest only

| Type | Rate | Comparison | Applies to |
| --- | --- | --- | --- |
| Variable (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.43% | 6.38% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 1 year (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.59% | 6.37% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 2 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.59% | 6.39% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Variable (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.63% | 6.54% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 3 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.64% | 6.42% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Variable (Construction is for up to 12 month period. Revert-to product is selected up front. New business rates, fees and charges apply · New business rate) | 6.73% | 6.38% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 5 years (Only available to AMP shareholders and AMP employees who apply directly through AMP Bank · New business rate) | 6.88% | 6.57% | LVR greater than 0% and less than or equal to 80% inc LMI |
| Fixed · 1 year (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.09% | 6.42% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 2 years (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.09% | 6.49% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |
| Variable (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.13% | 6.68% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 3 years (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.14% | 6.57% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |
| Fixed · 5 years (Up to 5 year interest only period. New business rates, fees and charges apply · New business rate) | 7.38% | 6.79% | LVR greater than 80% and less than or equal to 90% inc LMI; first_all_tier $40,000–$99,999,999 |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Multiple Security Fee — Per security. Payable for each additional security offered at loan establishment. Fee is not refundable. | Upfront | $250.00 |
| 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. | Event | null – null |
| Fixed rate lock fee — Payable 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 refundable | Upfront | 0.15% of transaction |
| Break costs — Payable 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 period; or You repay all of the money owing under the facility during any fixed interest period before it is due; or We agree to change your annual percentage rate during your fixed interest period (this includes a change to your annual percentage ratedue to a change to your repayment type [principal andinterest or interest only] or a change to your loan purpose [owner occupied or investment]). Break costs can be substantial. The amount which is our estimate of loss (if any) resulting from the relevant event.  A 12 month period is defined as the time from the date the fixed interest period commenced to the initial anniversary of that date and each consecutive anniversary thereafter until the fixed interest period expires. Refer to your Loan Conditions for more information. | Event | null – null |
| Verification of identity by Australia Post — Payable when you obtain a Verification of Identity service from an Australia Post office. | Event | null – null |
| 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 charge you a fee). | Dishonour | null – null |
| 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. | Upfront | $295.00 |
| 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 property(s). | Event | $82.50 |
| 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/or urgent settlement. | Event | null – null |
| International ATM cash withdrawal fee — When you withdraw from your account at any international ATM | Withdrawal | $4.50 |
| 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 | Transaction | 2.5% of transaction |
| Emergency replacement AMP Visa Debit Card fee — When you request urgent delivery of a replacement access card | Replacement | $15.00 |
| Telegraphic transfer fee - deposits — When funds are transferred to youraccount (by SWIFTor telegraphic transfer) from a bank in Australia or overseas (in Australian dollars). | Deposit | $30.00 |
| 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 an overseas bank (in Australian dollars or a foreign currency). | Withdrawal | $30.00 |
| Transaction trace fee — When you request us to investigate and trace a transaction | Event | $20.00 |
| Visa dispute fee — When you dispute a Visa transaction and we do not find in your favour | Event | $25.00 |
| Audit certificate fee — When you or an auditor request an audit certificate for your account | Event | $25.00 |
| $0 AMP First annual package fee   — Charged yearly · This fee is waived for this package type | Ongoing | $0.00 |
| $0 AMP First solicitor fee — This fee is waived for this package type | Upfront | $0.00 |
| $0 AMP First master limit application fee — This fee is waived for this package type | Upfront | $0.00 |
| $0 AMP First settlement fee — This fee is waived for this package type | Upfront | $0.00 |
| $0 AMP First variation fee — This fee is waived for this package type | Event | $0.00 |
| $0 AMP First valuation fee (up to the value of $550) — This fee is waived for this package type | Event | $0.00 |

## Features

- **Redraw facility** (Redraw applies to AMP Bank variable rate home loans only. You can access extra funds you’ve deposited at any time, with no withdrawal fees when using online banking, the AMP app, BankPhone or BankAssist. Minimum amounts and daily limits may apply.)
- **Offset account** (You can choose to set up an Offset Deposit Account on a variable rate loan. A $6 monthly account management fee is payable on the Offset Deposit Account when linked to a Basic Variable Rate Loan.)
- **Card access** — Visa Debit Card (A card is available for the product to access funds)
- **Unlimited transactions** — Unlimited free transactions available (Service fees may apply for manual redraw requests or special services.)
- **Digital wallet** — Apple Pay, Samsung Pay or Google Pay (Customers can link eligible AMP accounts to Apple Pay, Google Pay, and Samsung Pay for secure and convenient digital wallet transactions.)
- **Digital banking** (Customers can access and manage their home loan online via My AMP, our secure digital banking platform, offering features for easy account monitoring and transactions.)
- **Construction available for up to a 12 month interest only period** — Construction available as a feature
- **Extra repayments** (AMP home loans allow for flexible additional repayments to reduce interest and pay off loans faster. Variable rate loans allow unlimited extra repayments, while fixed-rate loans often limit these to $10,000 per 12-month period. Please refer to Loan Conditions and Credit guide for more information on the consequences of repaying your Fixed Rate Loan early)
- **Additional cards** (Additional cards can be requested.)
- **Fraud protection** (AMP home loans are protected by secure login, encryption, transaction monitoring, and customer alerts to help prevent and detect fraud. Support is available for customers in the event of suspected unauthorised activity.)
- **Guarantor supported** (AMP Bank home loans allow eligible applicants to use a guarantor, typically a close family member who provides additional security for the loan. This can help customers who have a limited deposit or may not meet standard lending criteria. Guarantor eligibility is subject to AMP Bank’s lending requirements and the guarantor’s financial position.)

## Eligibility

- **Staff only** (To be eligible for an AMP First Home Loan, at least one borrower must be in one of the Eligible groups when the home loan application is submitted. An AMP First Home Loan is only available when applying directly with AMP Bank (not for applications made through a loan originator, financial adviser, mortgage broker or other intermediary). Eligible clients listed in the AMP First home loan offer document.)
- **Residency status** — Citizen or Permanent Resident (Individual borrowers must be Permanent residents or citizens of Australia, All new to bank customers must be living and working in Australia)
- **Minimum age** — 18 years (Eligible customers must be at least 18 years of age)

## Constraints

- **Minimum limit** — $40,000.00 (Minimum lending amount for new home loans is $40,000)
- **The loan term ranges from a minimum of 10 years to a maximum of 30 years**

## More information from AMP - My AMP

- [Overview](https://www.amp.com.au/home-loans/interest-rates-fees)
- [Terms & conditions](https://www.amp.com.au/bankterms)
- [Fees & pricing](https://www.amp.com.au/content/dam/amp/digitalhub/common/Documents/HomeLoans/Forms/308006_Home_Loan_Fees_and_Charges_Guide.pdf)

## Data provenance

- Published by AMP - My AMP under the Consumer Data Right
- Product ID: `AMP_FIRST_HL`
- Last updated by the provider: 25 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/amp-my-amp/AMP_FIRST_HL
- Provider page: https://www.cdrcompare.au/brands/amp-my-amp
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000028

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/amp-my-amp/products/AMP_FIRST_HL) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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