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RAMS could give you a Standard Variable Rate that's lower than the banks - Ask us!
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RAMS Fixed Rate Pro Pack

Repayment certainty for larger loans

If you have total RAMS borrowings of $150,000 or more, a RAMS Fixed Rate Pro Pack offers you peace of mind and protection against rising interest rates. So you can plan your budget safe in the knowledge that whatever happens in the financial markets, your rate, and your minimum home loan repayments, will not change throughout your chosen fixed rate period.

Product Key Benefits:

  • Choose how long you fix your rate; 1, 2, 3, 4, 5 or 10 years
  • Borrow up to 95%1 of the purchase price (or valuation if lower)
  • Extra repayments allowed, up to a total of $25,000 during the fixed rate period
  • Redraw facility (minimum $1000)
  • Interest Only In Advance Option. Conditions apply, see more details
  • Up to 10 years interest only payments2
  • RAMS Fast Track available (owner-occupiers only)
  • Construction Option available


Scenario

The Problem:

Derek wants to borrow to buy a house priced at $400,000. He is concerned about future interest rate rises, so he would like to fix his interest rate.

The Solution:

Since he is borrowing over $250,000, Derek can choose a RAMS Fixed Rate Pro Pack loan. He can borrow upto 95% of the full purchase price (or valuation if lower) and all he needs are the funds to cover his upfront loan and purchase costs and a 5% deposit. So he can plan his repayments and budget accordingly, he decides to fix his loan for the maximum of 10 years.

At the end of the 10 years, the interest rate will revert to the applicable RAMS SmartWay Pro Pack variable rate.

                                                                                                                                 "RAMS can, so you can"

Meet with a RAMS home loans specialist today. We're available 7 days a week and if it suits you better, we'll happily come to you.

Fees, conditions, limitations and lending criteria apply. The product conditions set out in this document apply to loans available through RAMS Home Loan Centres. 1Funds to cover transaction costs and deposit required. Subject to loan serviceability. If for investment purposes, must hold 20% of the purchase price in equity in other residential real estate or income earning assets. 210 year IO option available for investment purposes only. If selected on RAMS Fixed Rate Pro Pack, the fixed rate period must also equal 10 years.