The new aromatic polyamides containing α-amino phosphonate were synthesized from phosphorus-based dicarboxylic acid 4 and various aromatic diamines by direct polycondensation reaction. Dicarboxylic acid 4 was successfully synthesized from trimethyl phosphite, 4-aminobenzoic acid and terephthaldehyde via a three-component reaction. The polymerization reaction produced the polyamides 6a–f with high yield and desirable inherent viscosities. The thermal properties of the all samples were investigated by thermo-gravimetric analysis (TGA). The TGA results in N2 exhibited the 10% mass loss temperatures (T10) in the ranges of 324–345 °C, while the T10 resulted from thermo-oxidative degradation were higher than those. The main data obtained by microscale combustion calorimetry revealed acceptable combustion properties such as very low peak of heat release rate for the synthesized polyamides 6a–f. The all of the results indicated that these polyamides can be potentially utilized as additive for improvement of thermal resistance and combustion behavior of thermoplastic materials.