AMP rates

Discussion in 'Loans & Mortgage Brokers' started by Hillbilly, 27th Feb, 2019.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Hillbilly

    Hillbilly Active Member

    Joined:
    26th Jun, 2015
    Posts:
    27
    Location:
    Sydney
    Hello,

    Does anyone know what AMP fixed investment (P&I) rates are at the moment? We are currently on a variable P&I at AMP of 4.89%. $350k

    Thanks
     
    Hillbilly, 27th Feb, 2019
    #1
  2. Simon Moore

    Simon Moore Residential & Commercial Mortgage Broker Business Member

    Joined:
    4th Mar, 2016
    Posts:
    556
    Location:
    Level 2 287 Collins St Melbourne VIC 3000
    Simon Moore, 27th Feb, 2019
    #2
  3. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    23,504
    Location:
    Sydney
    Google must be getting harder to use ;)
     
    Paul@PAS, 27th Feb, 2019
    #3
    Brady, aussieB, mikey7 and 2 others like this.
  4. Hillbilly

    Hillbilly Active Member

    Joined:
    26th Jun, 2015
    Posts:
    27
    Location:
    Sydney
    Thank you for your help
     
    Hillbilly, 27th Feb, 2019
    #4
  5. 1stepcloser

    1stepcloser Well-Known Member

    Joined:
    4th Jul, 2015
    Posts:
    54
    Location:
    Perth
    I am getting 4.31% with AMP on a $455,000 P&I Investment loan.
     
    1stepcloser, 15th Mar, 2019
    #5
  6. aussieB

    aussieB Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    389
    Location:
    Darwin
    OPs username checks out :p
     
    aussieB, 15th Mar, 2019
    #6
  7. Never giveup

    Never giveup Well-Known Member

    Joined:
    13th Oct, 2018
    Posts:
    1,566
    Location:
    Sydney
    Out of curiosity - if AMP had hone through lot of bad news, royal commission and share price is $1 something...whats the gurantee thry won't go belly up? And if they do whats going to happen to those loans...

    My understanding is AMP has various service areas e.g. financial planning , banking etc but at the end its under one banner...will big banks like CBA will take over
     
    Never giveup, 28th Mar, 2020
    #7
  8. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    10,634
    Location:
    Gold Coast (Australia Wide)
    They tried that in Feb 19 with Doc Hayne and the RC into banking...............3 mths later they ran into hiding.

    ta
    rolf
     
    Rolf Latham, 28th Mar, 2020
    #8
Buy Property Interstate WITHOUT Buyers Agents!

Buy Property Interstate WITHOUT Dropping $15k On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia