• If you are buying your first home, refinancing, self-employed or purchasing an investment property - there's a RAMS home loan to suit you.

  • Compare our home loans - owner occupier

    At a glance

    Ideal for
    Interest rate p.a.

    Based on a $150,000 loan over 25 years

    Comparison rate* p.a.

    Based on a $150,000 loan over 25 years

    Max LVR
    Min loan size
    Max loan size
    Redraw
    Loan Splitting

    Details

    Owner Occupier Max LVR
    Investor Max LVR
    Interest Only payments
    Interest Capitalisation
    Weekly/Fortnightly/Monthly Payments
    Extra Payments
    Deposit methods
    Loan fixing
    Loan switching
    Repayment Holiday
    Debit card & chequebook
    Tier 2 Genuine Savings Option
    Value Advantage Package Eligibility
    ATM / EFTPOS & cheque access free transactions
    Statement frequency
    Lenders Mortgage Insurance (LMI) premium payable by Customer

    Flexible features

    Value Advantage Package
    Deposit Bond
    RAMS Fast Track
    Interest Only In Advance Option
    Parental leave Option
    Construction Option
    Bridging Loan

    Fees

    Application fee
    Valuation fee
    Account keeping fee
    Early repayment fee
    Discharge fee
    Loan settlement fee
  • *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.

    Disclaimer:

    New loans only. Credit criteria, fees and charges apply.

    ^myRAMS is not available to Companies and Trusts and is subject to systems availability.

    1 Maximum LVR on purchase price (or valuation if lower) of up to 95% for principal and interest (P&I) loans and interest only (IO) construction loans with an interest only period of 12 months.  Maximum LVR on purchase price (or valuation if lower) of up to 80% for non construction interest only loans or construction loans with an interest only period greater than 12 months. Funds to cover transaction costs required. Lenders mortgage insurance applies when LVR is >80%. If LVR >85%, evidence of 5% genuine savings required.  Maximum LVRs are inclusive of any capitalisation of LMI. 

    2 Maximum LVR of up to 90% on purchase price (or valuation if lower) for loans with principal and interest (P&I) repayments.  Maximum LVR of up to 80% on purchase price (or valuation if lower) for loans with interest only (IO) repayments and all construction loans.  Funds to cover transaction costs required. 

    3 10 year IO option available for investment purposes only. 

    4 ®Registered to BPAY Pty Ltd ABN 69 079 137 518.  

    5 Lock In Fee Rules: For a Single Drawdown Loan, Lock In is applicable for a period of 90 days from the date the application is received by RAMS Origination. 

    6 Debit card not available to company borrowers. 

    7 Switch to interest only repayments is not permitted in the first 12 months of the loan. 

    8 Value Advantage Package available on selected loans for customer with total RAMS eligible borrowings of $150,000 or more. Refer to the Value Advantage Package Brochure for Terms and Conditions. 

    9 Some institutions may charge a fee for use of their ATMs, payable in addition to any fee for transactions over free threshold.

    10 The RAMS Risk Fee is charged because of the increased risk to us due to the high LVR. Whether a Lender's Mortgage Insurance premium or a RAMS Risk Fee is payable will depend on the individual application.

    11 5% deposit and funds to cover transaction costs is also required. Not available on some property types or locations and other conditions apply.

    12 Not available for the purpose of owner occupied refinance, debt consolidation or equity release. 

     

    Value Advantage Package Conditions apply and are available at RAMS.com.au. Available for customers with total RAMS borrowings of $150,000 or more. No discounts apply where total customer borrowings is less than $150,000, and no interest rate discounts apply to an eligible loan while the interest rate is fixed. Total Customer Borrowings is calculated as the total credit limit for each existing RAMS home loan and any new RAMS home loan being applied for; however the discount only applies to the new eligible loan. There is no limit on the number of new eligible variable rate loans within a RAMS Value Advantage Package that can receive an interest rate discount. Annual fee, currently $375, applies. Unless we tell you otherwise, Package benefits cannot be taken in conjunction with, or in addition to other special offers, negotiated rates or discounts.

     
  • **Essential Home Loan Promotional Rate: This offer is only available for new Owner Occupier Essential Home Loan applications with Principal and Interest repayments received from 9 November 2021. Discount applies to our Essential Home Loan offer for the life of the loan. This offer may be varied or withdrawn at any time. Interest rates subject to change.