All discharge forms

AMP

How to discharge yourAMP mortgage

One form. Allow up to 15 business days.

To discharge an AMP mortgage you complete the Mortgage discharge authority form and send it to the instructions AMP sends with the form. AMP says it takes up to 15 business days. The discharge fee is $490.

How to get the AMP formby phone

AMP doesn't publish a form — call 02 8364 6758. Checked 8 September 2026.

Form
Mortgage discharge authority form
Lender asks for
up to 15 business days
Discharge team
02 8364 6758
Last checked
8 September 2026

What a discharge authority actually does

When you took the loan out, AMP registered a mortgage over your property. That registration stays until you tell them to remove it. The discharge authority is how you tell them.

You need one in three situations: you’re selling, you’re moving the loan to another lender, or you’ve paid the loan off and want the mortgage lifted. It’s the same form each time — you just tick a different reason.

How to do it

  1. Get the Mortgage discharge authority form — call 02 8364 6758 and they'll send it. Always use the lender’s copy. Broker and form-filling sites host old versions, and an out-of-date form gets rejected, which costs you the whole processing window.
  2. Fill in your loan account number, the property address, and the reason you’re discharging.
  3. Have every borrower and guarantor sign it. Most lenders still want a real signature rather than a typed one.
  4. Send it to the instructions AMP sends with the form.
  5. Tell your conveyancer it’s lodged, and give them the date you sent it. They’ll chase the payout figure and book settlement.

AMP doesn't publish the form; you ask for it on 02 8364 6758 or at info@ampbanking.com.au. AMP is unusually open about the cost: a $490 discharge fee, which it says doesn't apply to AMP First loans.

Selling or refinancing — they aren’t the same

Most pages treat these as one process. They aren’t, and the difference decides who does the chasing.

If you’re selling

  • The loan is paid out of the sale proceeds on settlement day
  • Your conveyancer runs it
  • Lodge the form once the contract is unconditional
  • Hand your conveyancer the date you sent it

If you’re refinancing

  • Two lenders have to settle on the same day
  • Your new lender drives it
  • Nothing can be booked until AMP has processed this form
  • Lodge it as soon as your new loan is formally approved, not after

What it costs

AMP publishes a discharge fee of $490, which puts them in a small minority — most lenders don’t state a figure. It is added to your final payout rather than billed separately.

Two other costs catch people out. The state land titles office charges a registration fee, which your conveyancer passes on. And if you’re still inside a fixed term, break costs are separate from the discharge fee and can run into thousands. Ask for both figures before you commit to a settlement date.

Common questions

How long does an AMP discharge take?

AMP says it takes up to 15 business days from when they get your signed form. Allow all of it, and in practice most people allow three weeks, because the form is only the first step — your new lender and both conveyancers still have to book the settlement.

Does AMP charge a discharge fee?

Yes. AMP publishes a discharge fee of $490, and it's added to your final payout figure rather than billed separately. That makes them one of the few — most lenders don't publish a number at all. Break costs on a fixed rate are separate and can be much larger.

What is an AMP discharge authority?

It's the form that tells AMP to release its mortgage over your property. You need one whether you're selling, refinancing to another lender, or paying the loan off entirely. AMP calls theirs the Mortgage discharge authority form.

How do I get the AMP discharge form?

AMP doesn't publish one. Call 02 8364 6758 and they'll send it to you. AMP doesn't publish the form; you ask for it on 02 8364 6758 or at info@ampbanking.com.au. AMP is unusually open about the cost: a $490 discharge fee, which it says doesn't apply to AMP First loans.

Checked against AMP’s own discharge page on 8 September 2026. Lenders change forms, addresses and timeframes without much warning — if something here doesn’t match what they’ve told you, theirs is right and we’d like to know.

Before you discharge, check the new rate is worth it

Discharge fees, break costs and registration fees all come off the saving. Is it worth refinancing? does the sum for the balances people ask about, and the rate monitor shows where your rate sits against every lender on the panel.

See what you could save