151 live products
AMP
Best available rate
Amp First Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.63%
Offset
Included
Redraw
Included
Finding the best rates…
Bank One
Best available
From 5.63% p.a.
Line-up
151 live products
Compare AMP and ME Bank home loans in March 2026. AMP offers rates from 5.63% p.a. across 151 products, while ME Bank starts at 5.58% p.a. with 384 products. ME Bank currently has the lower rate by 0.05%.
Bank Two
151 live products
Best available rate
Amp First Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.63%
Offset
Included
Redraw
Included
384 live products
Best available rate
Me Bank Econome Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.60%
Offset
Not included
Redraw
Included
Live edge
ME Bank is lower on headline home loan rate by 0.05%, which is roughly $21 per month on a $500,000 loan.
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | AMP | ME Bank |
|---|---|---|
| Interest rate | 5.63% | 5.58% |
| Comparison rate | 5.63% | 5.60% |
| Offset account | Yes | No |
| Redraw | Yes | Yes |
Every tracked home loans option from AMP.
Every tracked home loans option from ME Bank.
AMP's lowest variable rate is 5.63% p.a. (comparison rate 5.63%) while ME Bank starts at 5.58% p.a. (comparison rate 5.60%). ME Bank is 0.05% lower, which saves approximately $21/month on a $500,000 loan.
Key features: AMP includes offset, AMP includes redraw, ME Bank includes redraw.
| Feature | AMP | ME Bank |
|---|---|---|
| Interest Rate | 5.63% | 5.58% |
| Comparison Rate | 5.63% | 5.60% |
| Offset Account | Yes | No |
| Redraw Facility | Yes | Yes |
Common Questions
ME Bank currently offers the lower variable rate at 5.58% p.a. compared to 5.63% p.a. Always check the comparison rate for a true cost picture.
AMP offers an offset account. ME Bank does not include an offset account.
AMP's lowest variable rate is 5.63% p.a. (comparison rate 5.63%) on the Amp First Home Loan (Variable).
ME Bank's lowest variable rate is 5.58% p.a. (comparison rate 5.60%) on the Me Bank Econome Home Loan (Variable).
Best available
From 5.58% p.a.
Line-up
384 live products
| Annual Fee |
| $0 |
| $0 |
ME Bank currently offers a 0.05% lower home loan rate.
Keep Comparing
Keep Comparing