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Flexible Features - Interest only in advance

RAMS Interest Only in Advance allows to prepay up to 12 months of interest in advance and to receive a discount off the fixed interest rate

Ideal for: Investors

RAMS Interest Only in Advance allows property investors with a fixed rate loan to prepay 12 months of interest in advance at a time and to receive a discount off the fixed interest rate (see RAMS Lending Rates at a Glance for current discounts).

At the end of each 12 month period the borrower can apply for a further 12 month interest in advance period.

Additional benefits of interest only in advance

  • Helps maximise cash flow and budgeting by knowing there'll be no more loan repayments throughout the year
  • Locking in a fixed interest rate can protect you against rate rises.
  • It’s a good idea to check with your accountant or financial adviser to ascertain if this strategy is a suitable option for your circumstances.

Available on these loans

Fixed Rate Home Loan (Packaged)

RAMS fixed rate home loan has protects you against rate changes during the loan period.

Fixed Rate Classic Home Loan

Fixed Rate Classic home loan - security and peace of mind knowing what your repayments will be

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