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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 IO Maximiser

A low rate for property investors

Choose a RAMS IO Maximiser Home Loan and you'll enjoy a low variable interest rate plus up to 10 years1 interest only repayments, to help you minimise your outgoings. 

Plus with RAMS, you may be able to borrow more than with some other lenders, because 80% of rental income and negative gearing benefits are included in RAMS serviceability calculations.

Product Key Benefits:

  • Up to 10 years1 interest only repayments (mandatory first 5 years)
  • Borrow up to 95%2 of the full purchase price (or valuation if lower). Alternatively, you can use the equity in your additional security to borrow the full purchase price plus costs
  • Borrow more than with some other lenders (80% of rental income and negative gearing benefits included in RAMS serviceability calculations)
  • Extra repayments and free redraw access
  • Repayment Holiday & Lifestyle options now available from the start of the loan
  • Convert to any Full Doc Product at any time (excluding Easy Start & Rate Relief)

Scenario

The Problem:

Anna wants to buy an investment unit for $160,000 and borrow the full purchase price. She wants to minimise her monthly outgoings and maximise her potential to tax-deduct the full amount of her repayments.

The Solution:

With up to 10 years interest only repayments the RAMS IO Maximiser Home Loan is well suited to Anna’s needs. She already has over 40% equity in her own home, so she can borrow up to 110% of the purchase price. This means she doesn’t need a deposit, and as well as covering the purchase price, she can also borrow the funds she needs to cover her transaction costs. By doing this, she is able to maximise her potential to tax-deduct her repayments.

                                                                                                                                 "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. 110 year interest only (IO) option available for investment purposes only. Interest only repayments mandatory for the first 5 years. 2Subject to loan serviceability. Must hold 20% of the purchase price in equity in other residential real estate or income earning assets.