• Things change; like interest rates, income, lifestyle, living expenses. So why shouldn’t your home loan?

  • How RAMS helps with refinancing

    Unlock equity in your current property to fund a range of purposes or purchases subject to serviceability

    Potentially save money with reduced repayments or a shortened loan term

    Consolidate several debts into a single repayment (potentially at a lower rate)^.

    Whatever the property market is doing it makes sense to review your home loan from time to time.  After all, a new loan structure could offer greater flexibility or features that better suit your current needs; not to mention reduced repayments if your interest rate is lower than what you had previously.

  • Refinancing your home loan - owner occupier

    Fixed rate packaged - benefits
    • Ideal for first home buyers and investors
    • Select from a wide range of fixed rate periods – 1, 2, 3, 4, 5 and 10 year  periods
    • Deposit up to an additional $30,000 during the fixed rate period without incurring fixed rate break costs  
    • Redraw any additional repayments to better help deal with life’s little emergencies ($1,000 minimum, conditions and fees apply, and subject to RAMS’ approval)  
    • By being offered as part of a package, take advantaged of other features and benefits that are available as part of the Value Advantage Package
    Essential - benefits
    • Ideal for first home buyers, owner occupiers or investors
    • A  simple loan with a low variable rate  
    • Flexibility to make extra repayments and redraw funds should you need to
    • Personal expertise from our home loan specialists, to help you every step of the way
    Full feature - benefits
    • Potential to save on fees and discounted interest rate with our Value Advantage Package (conditions apply).
    • Ideal for owner-occupiers, first home buyers, refinancers
    • Save money by depositing your salary into the 100% offset transaction account. 
    • Easy access to redraw on your home loan with debit card, ATM or cheque account – get 25 free transactions per month 
  • Home loan calculators

    Whether buying a new home, refinancing an existing home loan or investing in property, RAMS mortgage calculators can give you an estimate of what your repayments could be, based on your home loan amount, your loan type and the interest rate you think you'll be paying.  Once you get an idea of your mortgage repayments from the calculator, together with the rest of your budget, you'll start to see whether you can realistically afford the home you want to buy.  Your local RAMS franchisee can also help guide you through this process.  View all of our calculators.

  • How much you could save by making additional repayment(s)

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    You could pay off your loan in


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    Have you considered how much you could save by using an offset account?

    How much you could save by using an offset account?

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    Total interest saved on your home loan

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    You could also unlock equity to borrow more

    How much equity you could unlock to borrow more


    You could unlock useable equity

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    You may be able to borrow more but Lender's mortgage insurance may be applicable.

    Your repayment could be

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    This would be your new repayment if you unlock all of your useable equity.

    You need to apply to increase your home loan in order to access useable equity. Applications are subject to RAMS credit criteria, and fees and charges apply.

    Want to find out more about your home loan options?

  • Blogs and Videos for Refinancers

    If you need to access additional funds to help cover holiday activities or home improvements, a redraw facility could be a great way to get ahead.
    An offset account is a transaction account linked to your home loan that may be able to help reduce the interest you pay on your home loan.
    We explain the term equity, and how this may relate to a property you own as well as its potential uses,such as putting it towards the purchase of an investment property, or investing in other assets ...
    When you get a home loan you can roll other debts with higher interest rates - such as personal loans - into your home loan to make payments easier to manage.
    Showing you simple but clever ways to pay off your home loan faster.
  • *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.


    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.

  • ^Consolidating your short term debt into your home loan may extend the loan term of the short term debt and could result in more interest payments over the loan term. You should obtain independent professional advice relevant to your financial circumstances.
  • **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.