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First home buyers

Buying your first home is one of life’s major milestones! We can help with ideal first home buyer home loans; we’ll explain the jargon and together explore loan types and interest rates which may suit you.

What can we help you with today?

How RAMS helps first home buyers

Buying your first home is an exciting time, a RAMS Home Loan Specialist can help and be with you every step of the way – we specialise in first home buyer home loans.

Here you’ll find calculators, tools and tips to help you buy your first home. Your own home loan specialist will answer your questions and help you with your home loan application.

From understanding Loan to Value Ratio (LVR) and what affects your borrowing power, to choosing the right home loan and whether you’re eligible for a first home owner grant or need Lenders Mortgage Insurance (LMI).

Let’s do this!

Key benefits


Choose from our range of flexible home loans, ideal for first home buyers. Fixed or variable home loans, with redraw facilities and offset; there’s one that’s sure to suit you.

We're local

We’re locally based residential home loan specialists. Your RAMS Home Loan Specialist knows the neighbourhood and is part of the community.

Reduce costs

First time property investors with less than 20% deposit and an LVR between 80% and 95% could reduce their Lender’s Mortgage Insurance by up to $5k+.

Personal service

We take pride in delivering great customer service; your dedicated RAMS Home Loan Specialist will help every step of the way.

Home loans for first home buyers

*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 the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Home loan calculators

Use our home loan calculators to estimate your mortgage repayments, upfront costs, and how much you could borrow – whether you’re looking for your first loan or refinancing an existing one.

How much could I borrow calculator
How much could my repayments be calculator
What are the upfront and ongoing costs calculator

Speak to a home loan specialist

Blogs and videos for first home buyers

Forget Byron Bay, these coastal hotspots are tipped to boom in 2024.

Property experts have handpicked the best coastal suburbs in Australia for 2024, offering a mix of good growth prospects, amenities and infrastructure.

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Loan to Value Ratio (LVR) and how it can affect your home loan

Loan to Value ratio is an important calculation when it comes to your home loan. It’s the calculation of the amount of your home loan relative to the bank valuation of the property you are looking at purchasing.

Read more

A RAMS Home Loan Specialist makes a difference

The right home loan for you

A RAMS home loan specialist will find the right home loan to suit you and your stage of life.

Smooth process

Our home loan specialists take the ‘hard’ out of the process for you. They’ll come to you, at a time and place that suits you and sort out approval in days, not weeks, wherever possible.

Personal service

You’ll have a dedicated home loan specialist from start to finish, so you’ll only have to tell your story once.  You’ll also have their mobile number, so whatever arises, you can get things sorted.

We can help

If you have any questions about a first home buyer home loan including the application process or eligibility criteria, our experienced home loan specialists will be very happy to answer them.


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

#Value Advantage Package Conditions apply and are available at 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 $149, 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 5 July 2023. 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.

+ First Time Buyers are applicants ​applying for their first home loan for their first property. For joint applications, at least one applicant must be a First Time Buyer. Available on New Owner Occupier & Investment loans with Principal & Interest repayments. Not available on Interest Only repayments. Offer current as of 10 October 2022. Offer may be varied or withdrawn at any time. Min loan size of $250k. Max one security property per application. Excludes Line of Credit, Constructions Loans which remain on Interest Only repayments after completion of the initial Interest Only period, Land Only Loans, RAMS Fast Track home loans, company and trustee borrowers, refinances, and switches and refinances of home loans within the Westpac Group which includes RAMS, St. George, Westpac, Bank of Melbourne and BankSA. Offer not available in conjunction with RAMS New Purchase Buyer $1,000 Rebate offer. Lender’s Mortgage Insurance premium will be reduced for eligible customers up to a max of $5,000 with a premium of at least $1 payable for LMI by the customer. This will be reflected within the Home Loan Agreement. Where the LMI premium is more than $5,000, RAMS will pay $5,000 towards the premium. The balance of the LMI premium will be payable by the customer. LMI subject to approval and customer must adhere to LMI obligations during the loan agreement. Funds to cover transaction costs are required. This information does not take into account your personal circumstances.  

^From 27 November 2023, new, replacement and reissued cards will no longer feature the Maestro or Cirrus logos and you won’t be able to use your RAMS debit card overseas.