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Basic Fixed Rate Investment Loan (Principal and Interest) 1 Year

For any query, Call: 1300 001 153

RAMS Essential Home Loan

For a simple loan with silver service, chat to your local home loan specialist about a RAMS Essential Home Loan.

Advertised Rate
Comparison Rate*

2.99%

3.05%

Essential Home Loan

company logo
RAMS terms and conditions
Promoted
Advertised rate
4.64%
Fixed - 1 year then 3.93%
Comparison rate*
4.05%
monthly Repayment
$0
Compare

Customise your mortgage repayments by entering your details:

I want to borrow

Loan Term

years

Repayment Frequency

MonthlyFortnightlyWeekly

Pros and Cons

Pros:
  • No ongoing fees
  • Parents can sign as guarantor
  • Repayments will not change during fixed period
Cons:
  • Limited extra repayments
  • No redraw and no offset
  • Discharge fee at end of loan
  • Repayments won't decrease if RBA cuts rates
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Fees and Features

Maximum LVR
Maximum LVR
90%
Interest rate structure
Interest rate structure
Fixed - 1 year
Borrowing range
Borrowing range
$40k - $2.5m
Calculate how much you can borrow »
Total repayments
Total repayments
$423,000
View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
10 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Allowed with restrictions
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForInvestors
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$545.00
Application fee
Application fee
$0
Settlement fee
Settlement fee
$250
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$295
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$100
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount
Maximum LVR
Maximum LVR
90%
Interest rate structure
Interest rate structure
Fixed - 1 year
Borrowing range
Borrowing range
$40k - $2.5m
Calculate how much you can borrow »
Total repayments
Total repayments
$423,000
View repayment schedule »
Principal & interest
Principal & interest
Interest only
Interest only
Loan term
Loan term
10 - 30 years
Offset account
Offset account
Extra repayments
Extra repayments
Allowed with restrictions
Redraw facility
Redraw facility
Allows split interest
Allows split interest
Suitable For
Suitable ForInvestors
Applicable States
Applicable StatesACT, NSW, NT, QLD, SA, TAS, VIC, WA
Make Repayments
Make RepaymentsFortnightly, Monthly, Weekly
Estimated upfront fees
Estimated upfront fees
$545.00
Application fee
Application fee
$0
Settlement fee
Settlement fee
$250
Valuation fee
Valuation fee
$0
Legal fee
Legal fee
$295
Ongoing fee
Ongoing fee
$0
Discharge fee
Discharge fee
$100
Property Type
Property Type
SMSF Trustee
SMSF Trustee
Minimum SMSF Amount
Minimum SMSF Amount

AMP Bank is a financial services company that was formed in 1849 as the Australian Mutual Provident Society.

AMP was made public in 1998 and now employs more than 5400 staff with over $110 billion in total assets and 820,000 shareholders. The company also includes AMP Capital, one of the largest investment managers in Asia Pacific with operations throughout the world. The bank has a head office in Sydney and provides a number of services, such as financial planning and banking products as well as investment advice through AMP Capital.

AMP Mortgage Calculator

Interested in an AMP home loan? RateCity has a suite of calculators that can show you what your repayments would be and how AMP compares to its competitors. Simply plug in your borrowing amount below. 

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