AMP Professional Package Introductory Rate

With the AMP Professional Package Introductory Rate home loan you get a choice of either introductory fixed rate or variable rate terms. This specialty loan option incorporates different types of loan products including fixed rate, variable rate, and line of credit loans into a package tailored for the professionals.

In other words, the Professional Package (Pro Pack) is the home loan option for high-income borrowers. It comes with certain key features, including some great discounts available only to such low-risk borrowers. Chief among these is the discounted interest rate available during the introductory period.

Whether you choose the 1-Year Variable Rate or the 1-Year Fixed Rate, your Pro Pack loan will revert to the Professional Package Variable Rate home loan.

KEY BENEFITS

Here are the features included with the AMP Professional Package Introductory Rate home loan:

Flexible Repayments

You can choose to pay weekly, fortnightly, or weekly payments on your mortgage depending on what works best for you. This helps you plan payments that corresponds the best with your budget.

Additional Repayments

When you make extra repayments you can cut down the total amount of your home loan while saving money on interest at the same time. You can make as many extra payments as you like without penalty.

100% Mortgage Offset Option

This loan gives you a mortgage offset account. Any money deposited here may be used to offset he total loan amount once interest has been added. In other words, the more money in the account the less interest you will have to pay.

Option To Split Loan

You can split the loan in half using parts of two different kinds of loans to pay the balance on one mortgage. Plus, you can use the features of both.