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RAMS SmartWay

The "smarter" all-in-one home loan

With RAMS SmartWay Home Loan you can make every cent count towards your home loan. Simply pay your salary directly into your home loan account, and everyday you have extra funds in your account, you’ll be charged less interest. Plus you have access to your extra funds through ATMs, EFTPOS and a chequebook.

Product Key Benefits:

  • Borrow up to 95%1 of the purchase price (or valuation if lower)
  • Redraw access to overpayments
  • 15 free transactions every month across all access methods (ATM 3, EFTPOS and chequebook)
  • Up to 5 years interest only repayments
  • Choice of deposit methods; Direct Debit, Salary Credit, Bank@Post or BPAY2.
  • RAMS Fast Track No deposit option available
  • Lifestyle Option available
  • Construction Option available

Scenario

The Problem:

Martha and Ryan are borrowing $140,000 to purchase a unit valued at $240,000. They would like to pay their wages into their home loan account and access any extra repayments for their living expenses, when they need to. Ryan also receives an annual bonus, which he'd like to be able to pay into their home loan to reduce the outstanding balance.

The Solution:

Martha and Ryan chose a RAMS SmartWay Home Loan. They are planning on using the money management facilities to make every cent count towards their home loan. They can pay in their wages and make extra repayments when they have additional funds, such as bonuses, whenever they want.

"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 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. 2BPAY available for extra payments only, not scheduled loan repayments. 3 Free ATM Transactions relate to Westpac, St George and Bank SA branded ATM's only.  Other Institutions may charge a fee for use of their ATMs. Payable in addition to fee for transactions over free threshold..