The Finance Algorithm
My State PM Production

Standard Variable Loan

MyState offers a premium variable rate product for customers seeking a home loan in excess of $30,000. If you're buying or building your own home, a residential investment property, a block of land, looking to refinance your home loan from another lender or simply topping up your existing home loan with MyState, now is the time to take advantage of this great offer.

Home loansBank updated 28 Aug 2026
At a glance
Variable (owner occ. P&I)
8.37% · 8.43% comparison
Variable (investor P&I)
8.37%
Max LVR
100%
Features
offset, redraw, extra repayments
§ 01 — Rates · 4
TypeApplies toTermBandRateComparisonConditions
VariableInvestment · Interest only≤90% LVR8.77%8.82%
VariableInvestment · P&I≤95% LVR8.37%8.43%
VariableOwner occupied · Interest only≤80% LVR8.77%8.82%
VariableOwner occupied · P&I≤100% LVR8.37%8.43%
§ 02 — Fees · 21
FeeTypeAmountWhenNotes
Arrears Administration FeeEvent$30Payable on the seventh and the fourteenth day the account relating to the loan contract remains in arrears. (For older contracts, different frequencies may apply. Please refer to your contract).
Cheques deposited and dishonoured (per cheque)Event$20Whenever a cheque deposited to your loan account is dishonoured
Copy of TitleEvent$30Payable upon a request to provide a copy of the certificate of Title
Demand noticesEvent$30
Dishonour and Rejection fee (per dishonour)Event$5Whenever a payment to your loan account is dishonoured or rejected.
Letter of VariationEvent$150Payable on approval of each variation under this loan contract.
Mortgage dischargeEvent$380Payable on discharge of security
Mortgage preparationEvent$95Payable on the preparation of each new mortgage over the goods or property required to secure this loan contract
Non-insurance Renewal Service expenseEvent$25
Other default noticesEvent$30
Other default noticesEvent$30
Overdrawn Administration FeeEvent$30
Overdrawn Administration FeeEvent$30
Progressive draw (per draw)Event$150Payable on an approval of each progressive draw request.
Subsequent dealingEvent$150Payable on a request for each consent given or subsequent dealing request approved under this loan contract.
Switch FeeEvent$150Payable on any switch between different interest rate types (for example, a switch from a variable interest rate to a fixed interest rate or to a different type of variable interest rate, or a switch…
Title productionEvent$150Payable upon a request to produce the certificate of title.
Additional Valuation Fee (per each additional security)Upfront$200
Establishment Fee - Increase to existing mortgage loansUpfront$350
Establishment FeeUpfront$300
Settlement FeeUpfront$350
§ 03 — Features
Offset accountRedrawExtra repaymentsDigital banking
  • · What is Lenders Mortgage Insurance? Also known as LMI, this is insurance that generally protects the lender in the event you default on your repayments. This insurance is required if you're borrowing…
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: An Australian citizen or permanent resident
  • · Minimum balance $30,000

Published by MyState Bank under the Consumer Data Right, last changed by them on 28 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.