More Details

Loan Details

 

Lender
https://www.erates.com.au/wp-content/uploads/2019/02/AMP.png
Comparison Rate
5.04
Name
Professional 1 Yr Fixed $100k+ Owner Occupied IO
Lender
AMP Bank
Product Name
Prof. 1 Yr Fixed
Product Details
Where aggregate loan is $100k+ auto rolls to Pro Pack Variable upon maturity unless refixed. Maximum $10k extra payments per year, once this amount is exceeded fees are charged in line with current break costs.
Variable Rate
4.72
Fixed Rate
4.55
Fixed Period
12
Introductory Discount Rate
Discount Period
Application Fees
0
Discharge Fees
100
Ongoing Fees
Valuation Fees
0
Lenders Legal Fees
295
Lenders Settlement Fees
0
Minimum Loan Amount
100000
Max Loan Amount
2500000
Owner Occupied
Y
Investment
N
Repayment Option
Interest Only
ACT
Y
NSW
Y
TAS
Y
QLD
Y
VIC
Y
SA
Y
WA
Y
NT
Y
Standard Variable
N
Fixed
Y
Interest In Advance
N
Reverse Mortgage
N
Basic
N
No Doc
N
Low Doc
N
Equity
N
Intro
N
Credit Impaired
N
Professional Pack
Y
Minimum Loan Term (years)
10
Max Loan Term (years)
30
Rate Details
Fee Details
Application fee waived for new borrowings <90% LVR (normally $350). Multiple Security Fee ($250) waived.Annual Package Fee of $349 only payable if split with a ProPack Variable or LOC or once fixed rate period expires and auto rolls to Variable. Optional Master Limit for $295 at settlement allows unlimited sub-limit changes within your master limit for 10 years. LOC compulsory with Master Limit. Legal fee covers up to 2 properties.
Internet Banking
Y
Mortgage Offset Available
N
Redraw Details
N/A
Redraw Facility
N
Construction
N
Can Make Extra Repayments
Y
Repayments Fortnightly
Y
Repayments Monthly
Y
Repayments Weekly
Y
Salary Direct Available
Y
Portability
Y
Split Available
Y
Split Details
Up to 10 splits with no fee