Australia's Leading Digital Marketing Experts. T. 1300 235 433  |  Aggreagtion Enquires Welcome

RAMS Fixed Rate Classic Home Loan

A simple fixed loan with no additional extras, reverts to the RAMS Essential Home Loan when the fixed term expires. Ideal for first home buyers and investors�
Category: Home Loans  Last Updated May 30, 2021  Effective June 4, 2021

 General Lending Rates

Rates listed below are for a FIXED OWNER_OCCUPIED PRINCIPAL_AND_INTEREST. Additional Information When the loan purpose is Owner Occupied and repayment type is Principal and Interest or the loan purpose is Owner Occupied Construction and repayment type is Interest Only for up to 24 months. Switch to interest only repayments is not permitted during the fixed period
Interest Rate
2.09%PA
Comparison Rate
2.89%PA*
Product rates will vary depending upon your financial position. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

Download our 650-page guide on Finance Marketing. We'll show you exactly how we generate Billions in volume for our clients.

  AUS Eastern Standard Time (Connecticut)

  Want to have a chat?
 

Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  LVR up to 80.00%
  1 year Owner Occupied fixed rate - Interest Only
Minimum: 12 MONTH Maximum: 12 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 3.69%, Comparison Rate 3.9%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  LVR up to 95.00%
  2 year Owner Occupied fixed rate - Principal & Interest
Minimum: 24 MONTH Maximum: 24 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 1.89%, Comparison Rate 2.8%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Owner Occupied
  LVR up to 80.00%
  2 year Owner Occupied fixed rate - Interest Only
Minimum: 24 MONTH Maximum: 24 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 3.69%, Comparison Rate 3.89%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  LVR up to 95.00%
  3 year Owner Occupied fixed rate - Principal & Interest
Minimum: 36 MONTH Maximum: 36 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 1.98%, Comparison Rate 2.75%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Owner Occupied
  LVR up to 80.00%
  3 year Owner Occupied fixed rate - Interest Only
Minimum: 36 MONTH Maximum: 36 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 3.69%, Comparison Rate 3.89%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  LVR up to 95.00%
  4 year Owner Occupied fixed rate - Principal & Interest
Minimum: 48 MONTH Maximum: 48 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.29%, Comparison Rate 2.79%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Owner Occupied
  LVR up to 80.00%
  4 year Owner Occupied fixed rate - Interest Only
Minimum: 48 MONTH Maximum: 48 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 4.19%, Comparison Rate 4.05%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  LVR up to 95.00%
  5 year Owner Occupied fixed rate - Principal & Interest
Minimum: 60 MONTH Maximum: 60 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.59%, Comparison Rate 2.87%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Owner Occupied
  LVR up to 80.00%
  5 year Owner Occupied fixed rate - Interest Only
Minimum: 60 MONTH Maximum: 60 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 4.19%, Comparison Rate 4.08%
  • Repayment Type: Interest Only
  • Loan Purpose: Owner Occupied
  LVR up to 95.00%
  10 year Owner Occupied fixed rate - Principal & Interest
Minimum: 120 MONTH Maximum: 120 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 5.64%, Comparison Rate 4.98%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Owner Occupied
  LVR up to 90.00%
  1 year Investor fixed rate - Principal & Interest
Minimum: 12 MONTH Maximum: 12 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.59%, Comparison Rate 3.52%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  LVR up to 90.00%
  1 year Investor fixed rate - Interest Only
Minimum: 12 MONTH Maximum: 12 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.79%, Comparison Rate 3.72%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  LVR up to 90.00%
  2 year Investor fixed rate - Principal & Interest
Minimum: 24 MONTH Maximum: 24 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.29%, Comparison Rate 3.4%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  LVR up to 90.00%
  2 year Investor fixed rate - Interest Only
Minimum: 24 MONTH Maximum: 24 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.49%, Comparison Rate 3.6%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  LVR up to 90.00%
  3 year Investor fixed rate - Principal & Interest
Minimum: 36 MONTH Maximum: 36 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.49%, Comparison Rate 3.36%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  LVR up to 90.00%
  3 year Investor fixed rate - Interest Only
Minimum: 36 MONTH Maximum: 36 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.69%, Comparison Rate 3.56%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  LVR up to 90.00%
  4 year Investor fixed rate - Principal & Interest
Minimum: 48 MONTH Maximum: 48 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.79%, Comparison Rate 3.39%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  LVR up to 90.00%
  4 year Investor fixed rate - Interest Only
Minimum: 48 MONTH Maximum: 48 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.99%, Comparison Rate 3.58%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  LVR up to 90.00%
  5 year Investor fixed rate - Principal & Interest
Minimum: 60 MONTH Maximum: 60 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.79%, Comparison Rate 3.34%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  LVR up to 90.00%
  5 year Investor fixed rate - Interest Only
Minimum: 60 MONTH Maximum: 60 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 2.99%, Comparison Rate 3.54%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment
  LVR up to 90.00%
  10 year Investor fixed rate - Principal & Interest
Minimum: 120 MONTH Maximum: 120 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 5.89%, Comparison Rate 5.36%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment
  LVR up to 90.00%
  10 year Investor fixed rate - Interest Only
Minimum: 120 MONTH Maximum: 120 MONTH
  • Lending Rate Type: Fixed
  • Interest Rate: 6.54%, Comparison Rate 5.91%
  • Repayment Type: Interest Only
  • Loan Purpose: Investment

 Product Features

  • Redraw Additional Information: Redraw any additional repayments (conditions and fees apply)
  • Other Additional Information: Property investors have the option to prepay 12 months of interest in advance at a time and receive a discount off the fixed rate interest.
  • Other Additional Information: You can apply to increase your home loan using our top up / loan increase feature to pay for things like renovations, home improvements or even a holiday. Approval is subject to Bank's credit criteria.(fees apply).
  • Digital Banking Additional Information: To access the site, you simply need to register by calling 13 7267
  • Other Additional Information: You can split your loan into two(or more) accounts with one part at fixed interest rate and other one at variable rate. The minimum loan split amount should be $15,000.

 Product Eligibility

  • Min Age - 18. Additional Information: 18+ years old
  • Residency Status - Those With An Australian Permanent Residency And Who Are Currently In Australia..
  • Natural Person
  • Other - Applicant/s Can Be Personal Customers, Company Customers Or Family Trusts.. Additional Information: Applicant/s can be personal customers, company customers or family trusts.

 Bank Fees and Charges

  • Loan Establishment Fee (Upfront), Amount: 880.00. Additional Information: First valuation free, $220.00 for each additional valuation.
  • Loan Maintenance Fee (Periodic), Amount: 10.00. Additional Information: $10.00 per month, $120.00 per annum for Interest Only in Advance option.
  • Redraw Fee (Event), Amount: 10.00. Additional Information: $10.00 per redraw
  • Portability Fee (taking Your Home Loan With You) (Event), Amount: 295.00. Additional Information: $295.00 plus legal and other costs.
  • Repayment Holiday Fee (Event), Amount: 0.00.
  • Progress Drawdown Set Up Fee (Event), Amount: 50.00. Additional Information: $50.00 per drawdown (except final drawdown).
  • Top Up / Loan Increase Fee (Event), Amount: 295.00. Additional Information: Not available during fixed period.
  • Parental Leave Fee (Event), Amount: 0.00. Additional Information: Not available.
  • Reduced Repayments Fee (Event), Amount: 0.00.

 Limitations & Restrictions (Constraints)

  • Min Limit of 15000.00

Related Home Loans

Related Fixed Home Loans
Interest*
1.89%
Comparison*
2.15%
   
1.85%
2.24%
   
2.19%
2.24%
   
2.24%
2.24%
   
Related Variable Home Loans
Interest*
1.95%
Comparison*
1.99%
   
1.95%
1.99%
   
1.99%
2.01%
   
2.09%
2.05%
   
Share on facebook
Share on Facebook
Share on twitter
Share on Twitter
Share on linkedin
Share on Linkdin
Share on pinterest
Share on Pinterest

READY TO HAVE A CHAT? CALL US ANYTIME ON 1300 235 433