RAMS Low Rate

4.37% p.a.

4.43% p.a.

$0.00

4.96% p.a.

5.02% p.a.

$0.00

4.88% p.a.

4.94% p.a.

$0.00

5.42% p.a.

5.49% p.a.

$0.00

RAMS Low Rate Review

Rates and fees information correct as at 22 October 2017.

Review published: 30 October 2012

What's hot:

  • Low 4.37% variable rate

What's not:

  • $275 settlement fee

Mozo snapshot:

The RAMS low rate home loan is great for anyone starting out or buying the home of their dreams. With a low 4.37% variable rate, no ongoing fees and flexible repayment options you can be sure your repayments are going towards paying off your loan as quickly as possible.

Key features:

You can borrow up to 95% of the property's value for Principal & Interest (P&I) loans and there isn't a maximum loan amount which makes the RAMS Low rate home loan ideal if you are looking at taking on a big mortgage with competitive rates.

The repayment options should suit most payday frequencies, with weekly, fortnightly and monthly repayment options available. Extra repayments are available and there's no minimum redraw amount if you find you need that cash back.

In case you can't decide which side of the fence the grass is greener there is a split account option which means you can split your Low rate loan between a variable and fixed rate.

Who it's good for:

The RAMS Low Rate Home Loan is great for anyone looking for low cost of entry into the home loan market.

Any catches?

There are a couple of fees that might get you bleating, a $595 application fee, a $285 settlement fee and standard $295 discharge fee.


How are RAMS home loans rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
6.0

Based on 73
RAMS home loans reviews

6.4 5.8 6.1 5.7 6.1

Read RAMS home loan reviews by the Mozo community

Latest reviews of RAMS Low Rate

RAMS

RAMS Low Rate (Owner Occupier, Principal & Interest) home loan review

Overall rating   8 / 10

Great customer service

Low interest rate.

Full review

Low interest rate.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Sandeep (SA), reviewed about 2 years ago

RAMS

RAMS Low Rate (Owner Occupier, Principal & Interest) home loan review

Overall rating   9 / 10

They want to help you out

Have had no problems with them.

Full review

Have had no problems with them.

    Price   8 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   7 / 10

    Trust   9 / 10

Less

Darryl (VIC), reviewed about 2 years ago

RAMS

RAMS Low Rate (Owner Occupier, Principal & Interest) home loan review

Overall rating   10 / 10

Stupendous

I had the pleasure of dealing with the lovely girls down at RAMS at Mudgeeraba, it was good because I live in northern NSW and they were able to come to me and post everything I needed as well as update me throughout the whole process. Recommend...

Full review

I had the pleasure of dealing with the lovely girls down at RAMS at Mudgeeraba, it was good because I live in northern NSW and they were able to come to me and post everything I needed as well as update me throughout the whole process. Recommend 100%, go girls!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Kim (NSW), reviewed over 2 years ago

RAMS

RAMS Low Rate (Owner Occupier, Principal & Interest) home loan review

Overall rating   8 / 10

Great rates, great service

Great products.

Full review

Great products.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Rebekah (WA), reviewed over 2 years ago

RAMS

RAMS Low Rate (Owner Occupier, Principal & Interest) home loan review

Overall rating   9 / 10

Rates great

The service and committment given was exceptional. No detail was too much and they came to my place at my convenience. I can ring any time. Even after the settlement has occurred, the after service is terriffic.

Full review

The service and committment given was exceptional. No detail was too much and they came to my place at my convenience. I can ring any time. Even after the settlement has occurred, the after service is terriffic.

    Price   9 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   8 / 10

Less

Vikki (VIC), reviewed almost 3 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Currently showing

Rates

  • 4.37% p.a.

  • n/a

  • 0 Months

  • none

  • 4.43% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $595.00

  • $0.00

  • $0.00

  • $285.00

  • none

  • $0.00

  • $295.00

Other financial bits

  • $15,000

  • none

  • none

  • 95.00%

Features

  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 4.96% p.a.

  • n/a

  • 0 Months

  • none

  • 5.02% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $595.00

  • $0.00

  • $0.00

  • $285.00

  • none

  • $0.00

  • $295.00

Other financial bits

  • $15,000

  • none

  • none

  • 80.00%

Features

  • Owner Occupier

  • Interest Only

  • Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 4.88% p.a.

  • n/a

  • 0 Months

  • none

  • 4.94% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $595.00

  • $0.00

  • $0.00

  • $285.00

  • none

  • $0.00

  • $295.00

Other financial bits

  • $15,000

  • none

  • none

  • 90.00%

Features

  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

Rates

  • 5.42% p.a.

  • n/a

  • 0 Months

  • none

  • 5.49% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees

  • $595.00

  • $0.00

  • $0.00

  • $285.00

  • none

  • $0.00

  • $295.00

Other financial bits

  • $15,000

  • none

  • none

  • 80.00%

Features

  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • yes

  • yes - free

  • $0.00

  • yes

  • yes

  • none

  • none

About RAMS

RAMS home loans believe in the Australian dream of owning your own home and aim to make this dream come true. With their flexible options and innovative products, RAM home loans is making the dream a reality. RAMS home loans aim to provide home loan solutions to meet many different needs, including low deposit loans, no deposit loans, low doc loans, line of credit loans and low rate loans for members Australia wide.

*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a home loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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