Line of Credit Home Loan - RAMS - Line of Credit

Comparison Rate	6.36%
Amount	$200,000
Term	30 years
Monthly Payment Est.	$1,223.64
Total Amount Paid Est.	$447,235
Establishment Fee	$595.00

6.19%

Target Market
A flexible alternative to high interest credit facilities RAMS Line of Credit Pro Pack is ideal whenever you ,
need instant cash for purchases or investments.

Acceptable Income
PAYG Salary / Wages /Self Employed.

Home Loan Loan Term
Maximum term 30 years.

Home Loan Loan Size
Minimum $100K ,
No Maximum: depending on LVR, mortgage insurer and postcode.

Home Loan Repayment Type
Principal and Interest & Interest Only . Evergreen line of credit

Repayment Options
Weekly, fortnightly or monthly on any nominated day. ,
Available as an interest only option or principal and interest option. ,
Available for accelerated payments.

Extra Repayments
Extra Repayments may be made at any time no minimum amount.

Split Loan Facility
Available at anytime minimum of $50k.

Offset
Not available.

Redraw Facility
Available, no minimum amount & no fee applicable

LVR for Line of Credit Home Loan - RAMS - Line of Credit

Owner Occupied Maximum LVR 90% ,
Investment Maximum LVR 90% ,
Construction Maximum N/A ,
Refinancing Maximum LVR 90% ,
Debt consolidation Maximum LVR 90% ,
Debt Consolidation LVR 90% (to $750,000 metro) loans only. ,
Consolidate up to five personal debts.

Fees for Line of Credit Home Loan - RAMS - Line of Credit

Application Fee $395 ,
Valuation Fee $200 ,
Additional Valuation Fee $220 ,
Account Keeping Fee (displayed as Annual Fee) $200 ,
Loan Settlement Fee $250 (shown as Mortgage Prep Fee) ,
Discharge Fee $295 plus Legal ,
Early Repayment Fee: Year 1-3: 1% of the original loan amount ,
Early Repayment Refund to customers that settle a new loan within 6 months of incurring the ERF on their original closed RAMS loan. ,
Conditions apply refer to BDM for further details. ,
Switching Fee $295 ,
ATM, EFTPOS Cheque access 10 Free Transactions across all access methods (Free ATM transaction refer to WBC, St George & Bank SA branded ATM’s only) ,
Loan Fixing Fee $295 post settlement only ,
Customers who convert their current loan to a construction loan will not be charged the $295 Conversion Fee. A Conversion Fee is payable if changes are made such an increase or a change of product.