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Refinance your home loan

When your needs, your lifestyle, income or things like interest rates change, why shouldn’t your home loan? We can help you to refinance, whether it’s switching from another bank, or taking another look at your current RAMS home loan.

What can we help you with today?

Should you refinance your home loan?

Once you’ve had your home loan for a number of years, it makes sense to compare your existing loan with other home loans to see if a different option could work better for you – switching could give you a lower interest rate, you might be able to enjoy lower mortgage repayments, pay off your loan faster, or have a shorter loan term.

If you have a current RAMS home loan, want to move to RAMS, or just have questions, let’s talk. Our home loan specialists review your priorities with you, and when you’re ready, help you with your home loan application to make the refinancing process a smooth one.

Key benefits

Unlock home equity

You could unlock the equity in your current property to fund projects or purchases such as renovating, investing or travel.

Save money

You could save money on your interest rate, repayments or shorten your home loan term, reducing the amount you pay overall.

Enjoy new loan features

Refinancing with RAMS might offer you a home loan with features such as a redraw facility, flexible repayments, linked to an offset account or a parental leave repayment holiday.

Consolidate debt

Rolling all your debt into a single repayment (potentially at a lower rate)+, may help you manage your finances (this could lead to paying more interest).

Refinancing?  Explore our current home loans

*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.

Refinance calculator

Once you’ve had your home loan for a number of years, it makes sense to compare your existing loan with other home loans to see if a different option could work better for you – switching could give you a lower interest rate, you might be able to enjoy lower mortgage repayments, pay off your loan faster, or have a shorter loan term.

 

If you have a current RAMS home loan, want to move to RAMS, or just have questions, let’s talk. Our home loan specialists review your priorities with you, and when you’re ready, help you with your home loan application to make the refinancing process a smooth one.

Refinance calculator

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.

Contact us

Disclaimer:

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

#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 $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.

+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 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.

^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.