• Whether a first-time buyer or self-employed, a RAMS home loan has flexible options to make the loan work better for you.

  • Lifestyle option

    You could defer repayments for up to six months (twice during the term of your loan) conditions apply

    • Ideal for: Young families

      Life is full of challenges. Some are welcome and others are more of a surprise. Either way, you may need extra support to get through such challenging times.

      RAMS Lifestyle Option allows you to defer repayments on your loan for up to six months – twice during the life of the loan. It’s our way of helping out.

      Conditions and fees apply so talk to a RAMS home loan specialist to see how we can help.

      Lifestyle option conditions

      Borrowers will need to make a formal request to RAMS with an updated assets and liabilities statement, with all borrowers signing the request. 

      • Lifestyle Option is only available to cover injury, illness, retrenchment, maternity leave or parental leave
      • Usual reduced period is six months. This can be reassessed for a further six months. Shorter periods may also be taken provided the total time does not exceed 12 months over the term of the loan.
      • Borrower will need to provide evidence confirming the reason, such as a redundancy notice, maternity/parental leave approval, or medical documentation etc.
      • The deferred portion of repayments will be capitalised to the remaining loan principal balance. 

      Applicable waiting periods 

      • Borrowers taking maternity or parental leave will need to wait at least 12 months after starting their RAMS Home Loan. 
      • Other conditions and lending criteria apply.

    • Full feature home loan

      An all-in-one home loan with a transaction account, redraw option and ability to deposit salary stra...


      Low rate

      Our Low Rate home loan offers a no fuss, no frills, and easy-to-manage mortgage with 100% offset and...


      Line of credit

      Pay more when you have additional funds and less when you don't with a RAMS line of credit home loan...


    • Self-employed fixed rate

      RAMS' self-employed fixed rate home loan means less paperwork and a simpler, quicker application pro...


      Self-employed home loan

      RAMS' self-employed variable rate home loan means less paperwork and a simpler, quicker application ...


      Flexible features

      Whether a first-time buyer or self-employed, a RAMS home loan has flexible options to make the loan ...


    • Hypothetical scenario

      John and Katie had taken out a RAMS Home Loan two years ago and were now expecting a baby. They wanted to reduce their monthly loan repayments while Katie was on maternity leave.

      RAMS says...

      Having saved, they were ahead in their loan repayments and their LVR was now below 90%. And because their particular RAMS Home Loan had the Lifestyle Option, John and Katie were able to halve their monthly interest only repayment for 6 months with the amount owing added to the loan’s principal. 

      The expectant couple were of the view that it was a small price to pay for the time they were able to share as a family without the pressure of meeting loan repayments while Katie was on maternity leave.

  • Home loan calculators

    How much could I borrow?

    $
    $
    $
    $

    You could borrow up to

    ${{data.loans[0].borrowingPower | number:0}}

    Assuming a {{ data.loans[0].loanPeriod.initial }} year term

    at an interest rate of {{ data.loans[0].interestRate.ongoing.percent }} % p.a.

    Call us on 13 RAMS, thats 13 7267 about your situation to find the best solution for you.

    How much could my repayments be?

    $
    years
    % p.a.

    Based on the amount you want to borrow, an estimate of your minimum repayments is

    ${{ data.loans[0].calculators.initial.initialRepaymentByPeriodTotal | number:2}} a

    over {{ data.loans[0].loanPeriod.initial }} years

    Call us on 13 RAMS, thats 13 7267 about your situation to find the best solution for you.

    Change the repayment amount below to see how much interest you could save

    Total payable

    ${{data.loans[0].calculators.initial.total.payable | number:2}}

    Interest - ${{data.loans[0].calculators.initial.total.interest | number:2}}

    Principal - ${{data.loans[0].calculators.initial.total.principle | number:2}}

    If {{applicantDictionary(tmp.applicants, 'object')}} repayments are $ {{ data.loans[0].calculators.compare.comparisonRepaymentByPeriodTotal | number:2}} a

    Total payable

    ${{data.loans[0].calculators.compare.total.payable | number:2}}

    Interest - ${{data.loans[0].calculators.compare.total.interest | number:2}}

    Principal - ${{data.loans[0].calculators.compare.total.principle | number:2}}


    Total interest saved

    ${{data.loans[0].calculators.compare.saving.amount | number:2}}

    What are the upfront & ongoing costs?

    $
    $

    Your estimated upfront costs would be

    ${{ data.loans[0].calculators.upfrontCosts.totalUpfrontCosts | number:0 }}

    Your estimated repayments would be

    ${{ data.loans[0].calculators.ongoingCosts.repayments | number : 0}} per month

    and your estimated ongoing costs (excluding repayments) would be

    ${{ data.loans[0].calculators.ongoingCosts.totalOngoingCosts | number:0 }} per month

    Cost breakdown upfront costs

    Government fees

    $ {{ data.loans[0].calculators.upfrontCosts.government.mortgageRegistration | number : 0}}

    $ {{ data.loans[0].calculators.upfrontCosts.government.transfer | number : 0}}

    $ {{ data.loans[0].calculators.upfrontCosts.government.stampDuty | number : 0 }}

    $ {{ data.loans[0].calculators.upfrontCosts.government.mortgageDuty | number : 0}}

    Government grants

    $ {{ data.loans[0].calculators.upfrontCosts.government.firstHomeGrant | number : 0}}




    RAMS fees

    $ {{ data.loans[0].calculators.upfrontCosts.bank.settlement | number : 0}}




    Lender's Mortgage Insurance

    $ {{ data.loans[0].calculators.upfrontCosts.lmi| number : 0}}




    Other upfront costs to consider

    $ {{ data.loans[0].calculators.upfrontCosts.movingFee.value | number: 0 }}

    $ {{ data.loans[0].calculators.upfrontCosts.pestInspection.value | number: 0 }}

    $ {{ data.loans[0].calculators.upfrontCosts.conveyancingFee.value | number: 0 }}

    Cost breakdown ongoing costs

    Repayments

    $ {{ data.loans[0].calculators.ongoingCosts.repayments | number : 0}}/month

    a {{ data.loans[0].loanPeriod.initial }} year term at an interest rate of {{ data.loans[0].interestRate.ongoing.percent }} % p.a.




    RAMS fees




    Other ongoing costs to consider

    $ {{ data.loans[0].calculators.ongoingCosts.strata.value | number: 0 }} /month

    $ {{ data.loans[0].calculators.ongoingCosts.council.value | number: 0 }} /month

    $ {{ data.loans[0].calculators.ongoingCosts.utility.value | number: 0 }} /month

    $ {{ data.loans[0].calculators.ongoingCosts.homeContentInsurance.value | number: 0 }} /month

  • Blogs and videos for home buyers

    Saving your first home deposit can be tough but there are ways you could fast-track your entry into ...
    For those with a longer term ‘buy, hold, sell’ strategy, here are a few tips on how to add value to ...
    The sheer satisfaction of transforming your property to your dream home is what most renovators live...
    Video - Importance of getting the right home loan - Matt Clark
    Matt Clark explains the importance of choosing the right home loan and helps first home buyers understand different types of home loans.
    Video - Renting out a spare room

    Renting out a spare room could be a way to help pay off your mortgage faster.

     
    Video - planning and managing a renovation - Nikki McCarthy
    Nikki McCarthy takes us on a tour of a recently renovated home with tips on how to plan and manage your renovation.