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RAMS

Value Advantage Package

Advertised Rate

4.19

% p.a

Fixed - 4 years

Comparison Rate*

5.09

% p.a

Maximum LVR
Less than 80%
Real Time Rating™

1.74

/ 5
Monthly Repayment

$1,615

based on $300,000 loan amount for 25 years at 4.19%

Advertised Rate

4.19

% p.a

Fixed - 4 years

Comparison Rate*

5.09

% p.a

Maximum LVR
Less than 80%
Real Time Rating™

1.74

/ 5
Monthly Repayment

$1,615

based on $300,000 loan amount for 25 years at 4.19%

Calculate your repayments for this loan

I'd like to borrow

$

Loan term

years

Your estimated repayment

$1,615

based on $300,000 loan amount for 25 years at 4.19%

Quick home loan review

For Value Advantage Package Home Loan Fixed (Interest Only) 4 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) 4 Years

Details

Maximum LVR

Less than 80%

Total Repayments

Next LVR

Interest rate type

Fixed - 4 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

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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.