Call 13 RAMS 13 7267 Blog Contact us Find us About RAMS Login to myRAMS AccessOne About myRAMS Tutorials Demo Information
Buying your first home7 steps to home ownershipFirst Home Owners GrantYour storiesChecklistsFixed Rate Home LoanThe easy way to fix your loanFull Feature Home LoanAll you'll ever need in a home loanLow Rate Home LoanNo fuss, no frills, low rateSelf-employedLow Doc Fixed Rate Home LoanFixed rate loans for the self-employedLow Doc Home LoanWorking harder for the self-employedLow Doc Line of CreditUnlock your equityRefinancingRenovation helpFixed Rate Home LoanThe easy way to fix your loanFull Feature Home LoanAll you'll ever need in a home loanLow Rate Home LoanNo fuss, no frills, low rateInvestingInvestment SeminarsFirst time investor e-mail programFree Residex ReportKickstart Investor ProgramArticles for property investorsFixed Rate Home LoanThe easy way to fix your loanFull Feature Home LoanAll you'll ever need in a home loanInvestor Home LoanBest investment home loanLine of CreditUnlock the equity in your homeOur home loansFixed Rate Home LoanFull Feature Home LoanLow Rate Home LoanInvestor Home LoanLine of CreditLow Doc Fixed Rate Home LoanLow Doc Home LoanLow Doc Line of CreditFlexible featuresValue Advantage PackageDeposit BondFast TrackConstruction OptionLifestyle OptionInterest only in Advance OptionBridging LoanOffset AccountHome loan calculatorsProperty cash flow analyzerEasy savings calculatorRepayments calculatorAffordability calculatorExtra repayments calculatorStamp duty calculatorBudget planner...more calculatorsInterest ratesResources & FAQsFees and chargesFrequently asked questionsForms and downloadsGlossaryMortgage basicsHome loan hints & tips
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. Meet with a home loan expert Have us call you Principal and interest calculator Lump sum repayments calculator More calculators 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. Looking to renovate? 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 Details Full Feature Home Loan All you'll ever need in a home loan Details Low Rate Home Loan No fuss, no frills, low rate Details At a glance Interest rate p.a. Based on a $150,000 loan over 25 years 5.95% 7.28% 6.55% 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 7.41% 7.35% 6.86% 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 maximum3 No maximum3 No maximum Redraw A redraw facility allows you access to the available funds (if any) in your home loan Yes! Yes! 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! Yes! Yes! Annual fee No No No Features 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 Yes! Yes! Yes! Construction Option8 Yes! Yes! Yes! Bridging Loan No Yes! Yes! Fees 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!$150 for each additional valuation First valuation is free!$150 for each additional valuation. First valuation is free!$150 for each additional valuation. Account keeping fee $20 per month No servicing fee Nil, $20 per month 13 or $240 per annum 13 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 Fixed rates at a glance Fees summary With flexible features to make buying your first home easier Deposit Power Fast Track Bridging Loan See all RAMS flexible features RAMS offers building, contents and landlord insurance e-Newsletter Subscribe to our free newsletter Talk to us to find out more Meet with a home loan expert Have us call you Frequently asked questions What are your current interest rates?What is pre-approval?What is RAMS Lifestyle Option?Can I make extra repayments?Am I eligible for a RAMS home loan? Why Choose RAMS? Great rates Award winning Leading Australian Non-Bank lender Real choice and better value Disclaimer: 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. Fees, charges, limitations and lending criteria apply. *Maximum LVR is 80% inclusive of Lenders Mortgage Insurance. ** Value Advantage Package available for customer’s with total RAMS borrowings of $150,000 or more. Value advantage package is subject to an annual service fee of $325.