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Full Feature Home Loan

A variable rate home loan that gives you flexibility, with an offset account available, easy redraw, parental leave option and the potential to save with our Value Advantage Package#.

Key benefits

Offset feature

Enables an individual consumer to link an eligible RAMS transaction account to offset the credit balance against the loan's debt balance and interest.

Value Advantage Package

Add the Value Advantage Package# to your loan and receive a discount on your variable interest rate.


Make extra repayments to pay off your loan faster, or redraw repaid funds if you need to deal with life’s little curve balls.

Interest Rates

Interest Rates tab selected, 1 of 2
Application fee$595 ($0 under a Value Advantage Package)
Valuation feeFirst valuation is free!

$220 for each additional valuation.
Account keeping feeNo servicing fee
Discharge fee$295 per loan account (plus legal and other associated costs incurred by us)
Loan settlement fee$285 ($0 under a Value Advantage Package)

Flexible features


An offset bank account could help reduce interest on your variable rate home loan, while giving you access to funds you can redraw.

More details on Offset

Construction Option

Make progress payments for your new home build or renovation and pay interest on only your drawn down loan amount during the initial construction period.

More details on Construction Option

Bridging Loan

You could still buy your new home even if you haven’t sold your old one yet. Welcome to a RAMS bridging loan.

More details on Bridging Loan

Homeowner scenario

Thanks to some diligent saving and an unexpected small inheritance, professional couple Tanya and Matt found themselves with a deposit of almost $150,000 to go ‘shopping’ for their first home.

Plus, they had a baby coming, so it had to be a home that would meet their growing needs.

Financially, they’d operated separate bank accounts, but had a combined savings account for holidays.

RAMS says…

After talking to their RAMS home loan specialist, Matt and Tanya decided the RAMS Full Feature home loan would be their best option, and they would deposit both their salaries into the linked offset account.

This would help to reduce the interest cost on their loan, as the money saved in the offset account will offset the balance of the loan. Because of this, they also decided to add their joint savings into their offset account, to reduce interest even more.

Tanya and Matt qualified for the Value Advantage Package, so they added that to their loan. It meant they would save on fees, and would get a discounted variable interest rate too, to lower their monthly repayments.

They decided that they would try to make additional repayments on their loan as often as possible once Matt got his pay-rise, and their loan type was great for that, because they could make as many additional repayments they liked, with no fees. And with the redraw facility of the loan, they had the flexibility to redraw any time they need to – like when they needed some money to get the baby’s nursery set up.

With the offset transaction account in mind, Matt and Tanya decided they no longer needed separate accounts. They could each have a debit card for their transaction account, for purchases or ATM withdrawals, and each have a login for myRAMS^ too – giving them both visibility over all their shared accounts.


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Fixed Rate Home Loan (Packaged)

Get the fixed rate home loan as part of a package and take advantage of other features and benefits in the RAMS Value Advantage Package.

RAMS Essential Home Loan

A no-frills variable interest rate home loan, designed to get first home buyers started on a home-owning journey. A simple loan with a low variable rate, with the ability to redraw and make extra repayments.

Fixed Rate Classic Home Loan

Having a Fixed Rate Classic Home Loan is a great way to give you certainty. It takes the guesswork out of your repayments as they stay the same over the fixed rate period.

Compare all home loans

Take a look at all our home loans, fees and different features, then decide which one is right for you.

Speak to a home loan specialist

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.

Home loan calculators

Use our handy home loan calculator to estimate what you could afford to borrow and how much your repayments might be.


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.

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

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.

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 24 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 24 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.

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.