RateCity.com.au
powering smart financial decisions
RAMS

Value Advantage Package

Advertised Rate

3.69

% p.a

Fixed - 3 years

Comparison Rate*

5.02

% p.a

Maximum LVR
Less than 80%
Real Time Rating™

1.74

/ 5
Monthly Repayment

$1,788

based on $350,000 loan amount for 25 years at 3.69%

Advertised Rate

3.69

% p.a

Fixed - 3 years

Comparison Rate*

5.02

% p.a

Maximum LVR
Less than 80%
Real Time Rating™

1.74

/ 5
Monthly Repayment

$1,788

based on $350,000 loan amount for 25 years at 3.69%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,788

based on $350,000 loan amount for 25 years at 3.69%

Quick home loan review

For Value Advantage Package Home Loan Fixed (Interest Only) 3 Years

These are the benefits of this home loan.

  • Redraw facility available
  • Parents can sign as guarantor
  • Extra repayments and redraw facility
  • Split account option

These are the drawbacks of this home loan.

  • Limited extra repayments
  • No offset account
  • Higher than average interest rate
  • Loan reverts to higher rate after fixed period
  • Ongoing fee
  • Higher than average upfront fee
  • Discharge fee at end of loan

Home loan overview

For Value Advantage Package Home Loan Fixed (Interest Only) 3 Years

Details

Maximum LVR

Less than 80%

Total Repayments

Next LVR

Interest rate type

Fixed - 3 years

Borrowing range

Suitable for

Owner Occupiers

Loan term range

1 - 30 years

Principal & interest

Interest only

Applicable states

ACT, NSW, NT, QLD, SA, TAS, VIC, WA

Make repayments

Monthly

Features

Extra repayments

Yes - limited to $30000

Redraw facility

Redraw fee: $10

Split interest facility

Loan portable

Repayment holiday available

Allow guarantors

Available for first home buyers

Fees

Total estimated upfront fees

285

Application fee

0

Valuation fee

$0

Settlement fee

285

Other upfront fee

0

Ongoing fee

$375 annually

Discharge fee

295

Application method

Online

Phone

In branch

Embed

FAQs

What is the minimum amount you can apply for?

The range you can borrow from this loan is $150k to $99,999,999.

What's the minimum deposit needed for this loan?

This loan option comes with a maximum loan-to-value ratio of 79.99 percent, which means it requires a minimum deposit of 20.01 percent

What's the maximum length for this loan?

RAMS allows you to have this loan for a range of 1 to 30 years.

How often can you make repayments?

RAMS allows you to make repayments to this loan option through one of the following repayment schedules: monthly.

How much will the upfront fees be for this loan?

While it could change based on your circumstances, RateCity estimates that this loan option comes with $285 worth of upfront fees.

Does this loan come with a redraw facility?

Yes, this loan comes with a redraw, charged at $10 if you need to use it.

How do you apply for this loan?

To apply for this loan, please contact RAMS.

Can a broker help me with this loan?

Yes, this RAMS loan is available through a broker. Find a broker to help you with your needs.