My State PM ProductionSpecial Residential Variable Loan
MyState offers a premium variable rate product for customers seeking a home loan in excess of $100,000. 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.
At a glance
- Variable (owner occ. P&I)
- 6.29%6.34% comparison
- Variable (investor P&I)
- 6.44%
- Max LVR
- 100%
- Features
- offset, redraw, extra repayments
How it compares
This home loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This home loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Variable home loanOwner occupier, principal & interest, 80% LVR | 6.44% | 5.93%SCCU's BROKER HOME LOAN | 6.38%of 104 institutions | 60th lowest of 104, level with 5 others |
| Investor variable home loanInvestment, principal & interest, 80% LVR | 6.49% | 5.94%AAA Financial Corporation's Portfolio Loan | 6.59%of 104 institutions | 26th lowest of 104, level with 14 others |
Rates
Every rate My State PM Production publishes for this home loan, 16 in all.
Variable rate by LVR
Owner occupier, principal and interest, the lowest rate published for each band of the loan's share of the property's value
- ≤60%6.29%
- 60–70%6.29%
- 70–80%6.44%
- 80–90%6.64%
- ≤98%6.44%
- 90–100%7.54%
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Investment, Interest only | - | ≤60% LVR | 6.54% | 6.59% | - |
| Variable | Investment, Interest only | - | 60–70% LVR | 6.54% | 6.59% | - |
| Variable | Investment, Interest only | - | 70–80% LVR | 6.59% | 6.64% | - |
| Variable | Investment, Interest only | - | 80–90% LVR | 6.99% | 7.04% | - |
| Variable | Investment, P&I | - | ≤60% LVR | 6.44% | 6.49% | - |
| Variable | Investment, P&I | - | 60–70% LVR | 6.44% | 6.49% | - |
| Variable | Investment, P&I | - | 70–80% LVR | 6.49% | 6.54% | - |
| Variable | Investment, P&I | - | 80–90% LVR | 6.89% | 6.94% | - |
| Variable | Investment, P&I | - | 90–95% LVR | 7.64% | 7.69% | - |
| Variable | Owner occupied, Interest only | - | ≤80% LVR | 6.74% | 6.79% | - |
| Variable | Owner occupied, P&I | - | ≤60% LVR | 6.29% | 6.34% | - |
| Variable | Owner occupied, P&I | - | ≤98% LVR | 6.44% | 6.49% | - |
| Variable | Owner occupied, P&I | - | 60–70% LVR | 6.29% | 6.34% | - |
| Variable | Owner occupied, P&I | - | 70–80% LVR | 6.44% | 6.49% | - |
| Variable | Owner occupied, P&I | - | 80–90% LVR | 6.64% | 6.69% | - |
| Variable | Owner occupied, P&I | - | 90–100% LVR | 7.54% | 7.59% | - |
Rate changes
18 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 28 Oct 2026 | Variable, Investment, Interest only, 60–70% LVR | 7.54% | 6.54% | down 1.00 |
| 28 Oct 2026 | Variable, Owner occupied, P&I, 60–70% LVR | 7.29% | 6.29% | down 1.00 |
| 27 Oct 2026 | Variable, Investment, Interest only, ≤60% LVR | 6.34% | 6.54% | up 0.20 |
| 27 Oct 2026 | Variable, Investment, Interest only, 60–70% LVR | 6.34% | 7.54% | up 1.20 |
| 27 Oct 2026 | Variable, Investment, Interest only, 70–80% LVR | 6.39% | 6.59% | up 0.20 |
| 27 Oct 2026 | Variable, Investment, Interest only, 80–90% LVR | 6.74% | 6.99% | up 0.25 |
| 27 Oct 2026 | Variable, Investment, P&I, ≤60% LVR | 6.19% | 6.44% | up 0.25 |
| 27 Oct 2026 | Variable, Investment, P&I, 60–70% LVR | 6.19% | 6.44% | up 0.25 |
| 27 Oct 2026 | Variable, Investment, P&I, 70–80% LVR | 6.24% | 6.49% | up 0.25 |
| 27 Oct 2026 | Variable, Investment, P&I, 80–90% LVR | 6.64% | 6.89% | up 0.25 |
| 27 Oct 2026 | Variable, Investment, P&I, 90–95% LVR | 7.39% | 7.64% | up 0.25 |
| 27 Oct 2026 | Variable, Owner occupied, Interest only, ≤80% LVR | 6.49% | 6.74% | up 0.25 |
| 27 Oct 2026 | Variable, Owner occupied, P&I, ≤60% LVR | 6.04% | 6.29% | up 0.25 |
| 27 Oct 2026 | Variable, Owner occupied, P&I, ≤98% LVR | 6.19% | 6.44% | up 0.25 |
| 27 Oct 2026 | Variable, Owner occupied, P&I, 60–70% LVR | 6.04% | 7.29% | up 1.25 |
| 27 Oct 2026 | Variable, Owner occupied, P&I, 70–80% LVR | 6.19% | 6.44% | up 0.25 |
| 27 Oct 2026 | Variable, Owner occupied, P&I, 80–90% LVR | 6.39% | 6.64% | up 0.25 |
| 27 Oct 2026 | Variable, Owner occupied, P&I, 90–100% LVR | 7.39% | 7.54% | up 0.15 |
Each change is logged the night it appears in the rates MyState Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
21 fees published, grouped by when they're charged.
When you take it out4
- Additional Valuation Fee (per each additional security)$200
- Establishment Fee - Increase to existing mortgage loans$350
- Establishment Fee$300
- Settlement Fee$350
When particular things happen16
- Arrears Administration Fee
Payable 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).
$30 - Cheques deposited and dishonoured (per cheque)
Whenever a cheque deposited to your loan account is dishonoured
$20 - Copy of Title
Payable upon a request to provide a copy of the certificate of Title
$30 - Demand notices$30
- Dishonour and Rejection fee (per dishonour)
Whenever a payment to your loan account is dishonoured or rejected.
$5 - Fixed Rate Lock In Fee.
Applicable to fixed rate loans only. $395 or 0.15% of loan amount, whichever is greater. The Fixed Rate Lock In Fee enables Home Loan applicants to ‘lock’ the fixed interest rate applying at the date…
0.15% of balance - Letter of Variation
Payable on approval of each variation under this loan contract.
$150 - Mortgage discharge
Payable on discharge of security
$380 - Mortgage preparation
Payable on the preparation of each new mortgage over the goods or property required to secure this loan contract
$95 - Non-insurance Renewal Service expense$25
- Other default notices$30
- Overdrawn Administration Fee$30
- Progressive draw (per draw)
Payable on an approval of each progressive draw request.
$150 - Subsequent dealing
Payable on a request for each consent given or subsequent dealing request approved under this loan contract.
$150 - Switch Fee
Payable 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…
$150 - Title production
Payable upon a request to produce the certificate of title.
$150
Other fees1
- Break Cost Fee
Applicable to fixed rate loans only. Calculated at time of payout. May be payable if you pay out a fixed rate loan before the fixed rate expiry. Refer to your loan contract booklet for the calculatio…
From $0
Features
- 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…
Eligibility and limits
- Minimum age 18
- Residency: An Australian citizen or permanent resident
- Minimum balance $100,000
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Published by MyState Bank under the Consumer Data Right, last changed by them on 27 Oct 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.