Choosing the right type of home loan

Not sure what type of loan would best suit you?

Use the table below to help work it out:

	Variable rate home loan	Fixed rate home loan	AMP Flexi Home Loan
Can I make lump sum repayments or repay my loan early?	Yes, without penalty	Yes, up to 5% of the outstanding balance a year. Then a fee may apply.	Yes
Can I withdraw more when I need it?	No	No	Yes, up to your maximum credit limit.
How can I access the funds?	Not applicable	Not applicable	Phone, internet, EFTPOS, cheque or ATM
Can I increase my loan for other purchases like a car or holiday?	Yes	Yes	Yes
Can income be paid into my loan account?	No	No	Yes
Can I see how much I owe?	Yes, by phone and internet	Yes, by phone and internet	Yes, by phone and internet
How often can I make repayments?	Weekly, fortnightly or monthly	Weekly, fortnightly or monthly	Anytime
Will you hold the interest rate once my loan is approved?	Our rate on settlement day will apply	For 45 days (unless you take advantage of a fixed rate lock option)	Our rate on settlement or drawdown day will apply.
Do I pay monthly, ATM, or transaction fees for everyday banking?	Not applicable	Not applicable	Yes, a $5 monthly fee applies.

Or contact us and we'll put you in touch with an AMP Adviser.