AMP Basic Loan

Main Features and Fees...

Company
Interest Rate Enquire Here
Offset Account 100% mortgage offset, no account keeping fee or minimum balance
Redraw Facility Yes, no fee and no minimum electronically. $50 and $2K minimum for assisted
Extra Repayments Yes by electronic transfer, mail or Australia Post
Lump Sum Repayments Yes and no minimum
Product Change Yes
Portability Yes
Construction No
Split Loan Facility 10 available for basic variable and fixed. $75 fee for each additional split
Principle and Interest Payments Yes
Interest Only Payments Yes for the first 5 years or 10 years subject to credit approval
FEES  
Upfront Fees $895
Ongoing Fees Nil
Early Exit Fees 1% of loan amount first 2 years then $1,000 in year 3 and 4
Discharge of Mortgage Fees Not Listed

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