• Refinancing your home loan

    There are a number of reasons why you may wish to consider refinancing your home loan; maybe you want to access your home equity, to consolidate other debts, to get more flexibility and features or simply to get a better interest rate than your current loan.

    Whatever you're looking for, refinancing with RAMS is simple.

  • Why refinance?

    • Consolidate all your debts into one easy to manage loan and one monthly repayment
    • You could receive a lower interest rate
    • Upgrade your home loan to a loan that better suits your current circumstance
    • Borrow additional funds to renovate, to invest, or for a major purchase.


    Refinance videos



  • Looking to renovate?

    Refinancing image

    You might be able to add value to your home or make it more comfortable by renovating.

    Learn more
  • Home loans for refinancers

    Fixed Rate Home Loan

    The easy way to fix your loan

    Full Feature Home Loan

    All you'll ever need in a home loan

    Low Rate Home Loan

    No fuss, no frills, low rate


    At a glance

    Interest rate p.a.

    Based on a $150,000 loan over 25 years

    Comparison rate* p.a. A nominal interest rate incorporating certain fees and charges to help consumers identify and compare the true cost of a home loan
    Max LVR The maximum loan to value ratio (“LVR”) means the amount you can borrow expressed as a percentage of the security (property) value. For example, 90% LVR means you can borrow up to 90% of the value of the property 95%2 95%2 95%2
    Min Loan size Minimum loan size to be borrowed $15,000 $15,000 $15,000
    Max Loan size Maximum loan size to be borrowed No maximum No maximum No maximum
    Redraw A redraw facility allows you access to the available funds (if any) in your home loan Yes!
    Splitting Splitting the loan into two (or more) accounts, usually one part at a fixed interest rate and the other at a variable interest rate Yes!


    Value Advantage Package3 Yes! Yes! No
    Deposit Bond Yes! Yes! Yes!
    RAMS Fast Track Yes! Yes! Yes!
    Interest Only In Advance Option5 Yes! No No
    Lifestyle Option No Yes! Yes!
    Construction Option8 Yes! Yes! Yes!
    Bridging Loan No Yes! Yes!


    Application fee Fees charged to cover or partially cover the lender's costs of processing a loan approval for a home buyer $595 $595 $595 
    Valuation fee

    First valuation is free!

    $220 for each additional valuation

    First valuation is free!

    $220 for each additional valuation.

    First valuation is free!

    $220 for each additional valuation.

    Account keeping fee $20 per month No servicing fee Nil
    Discharge fee $295 per loan (plus legal costs) $295 per loan (plus legal costs) $295 per loan (plus legal costs)
    Loan settlement fee $275 $275 $275
  • Are you ready to refinance your loan?

    It is now commonplace to shop around for lower repayments, interest rates, better service and more options. Refinancing your home loan can be very beneficial for the future of you and your loan, but there are several things to consider before refinancing.

    • Cost of refinancing
    • What will your new lender charge to establish your home loans?
    • Who offers the best deal?
    • What about the paperwork?

    Read our article 'Ready to Refinance your Home Loan' in the Resource Centre.

  • With flexible features to make buying your first home easier

  • Why Choose RAMS?

    • Great rates
    • Award winning
    • Personalised service
    • Real choice and better value




  • Disclaimer:

    *Please note: The comparison rate for the relevant product is based on a loan of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.