--- title: "Standard Variable Loan — MyState Bank" description: "Home Loans from MyState Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/mystate-bank/products/8ef148c1-1466-483d-ac3c-ecc133bf1a20 source: "CDR Compare" language: en-AU last_updated: 2026-08-28T06:06:06.150732Z --- # Standard Variable Loan — MyState Bank > Home Loans from MyState Bank. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Home Loans · My State PM Production** 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. ## At a glance - **From (owner occupied):** 8.37% (8.43% comparison) ## Apply Applications are handled by the provider: [Apply at MyState Bank](https://mystate.com.au/home-loans/appointment-request/) ## Interest rates ### Owner occupied — Principal & interest | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable | 8.37% | 8.43% | LVR <=100% | ### Owner occupied — Interest only | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable | 8.77% | 8.82% | LVR <=80% | ### Investment — Principal & interest | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable | 8.37% | 8.43% | LVR <=95% | ### Investment — Interest only | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Variable | 8.77% | 8.82% | LVR <=90% | ## Fees | Fee | Type | Amount | | --- | --- | --- | | Mortgage preparation — Payable on the preparation of each new mortgage over the goods or property required to secure this loan contract | Event | $95.00 | | Letter of Variation — Payable on approval of each variation under this loan contract. | Event | $150.00 | | Mortgage discharge — Payable on discharge of security | Event | $380.00 | | Dishonour and Rejection fee (per dishonour) — Whenever a payment to your loan account is dishonoured or rejected. | Event | $5.00 | | Cheques deposited and dishonoured (per cheque) — Whenever a cheque deposited to your loan account is dishonoured | Event | $20.00 | | Other default notices | Event | $30.00 | | Establishment Fee - Increase to existing mortgage loans | Upfront | $350.00 | | Overdrawn Administration Fee | Event | $30.00 | | Other default notices | Event | $30.00 | | Demand notices | Event | $30.00 | | Establishment Fee | Upfront | $300.00 | | Title production — Payable upon a request to produce the certificate of title. | Event | $150.00 | | Settlement Fee | Upfront | $350.00 | | Additional Valuation Fee (per each additional security) | Upfront | $200.00 | | Progressive draw (per draw) — Payable on an approval of each progressive draw request. | Event | $150.00 | | Subsequent dealing — Payable on a request for each consent given or subsequent dealing request approved under this loan contract. | Event | $150.00 | | Copy of Title — Payable upon a request to provide a copy of the certificate of Title | Event | $30.00 | | 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 from a fixed interest rate to a variable interest rate). | Event | $150.00 | | 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). | Event | $30.00 | | Overdrawn Administration Fee | Event | $30.00 | | Non-insurance Renewal Service expense | Event | $25.00 | ## Features - **Digital banking** (Just another way you can connect your money with your lifestyle. From banking easily on the go with the MyState Bank App, or at home through Internet Banking, to making faster payments with digital wallets or PayID, there are more ways than ever to access your money. Keeping your bank accounts safe is a key priority for us, so you can be confident starting today.) - **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 more than 80% of the property value.** - **Offset account** (Our Offset Account is an everyday access account attached to your home loan. Your account balance is 100% offset against your linked Home Loan before the interest is calculated. So you pay less. The interest you save with an Offset Account can be huge over the life of the loan, and you can help shorten your loan term by years.) - **Redraw facility** (Access any extra repayments you have made above your minimum monthly repayment requirement.) - **Extra repayments** (Additional repayments. Make unlimited additional repayments) ## Eligibility - **Residency status** — An Australian citizen or permanent resident - **Minimum age** — 18 years (A customer is or older than 18 years of age) ## Constraints - **Minimum balance** — $30,000.00 (A $30,000 minimum balance is required for all Standard Variable and Fixed loans) ## More information from MyState Bank - [Overview](https://mystate.com.au/legal/) - [Terms & conditions](https://mystate.com.au/legal/) - [Eligibility](https://mystate.com.au/home-loans/standard-variable-home-loan/) - [Fees & pricing](https://mystate.com.au/legal/) ## Data provenance - Published by MyState Bank under the Consumer Data Right - Product ID: `8ef148c1-1466-483d-ac3c-ecc133bf1a20` - Last updated by the provider: 28 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/mystate-bank/8ef148c1-1466-483d-ac3c-ecc133bf1a20 - Provider page: https://www.cdrcompare.au/brands/mystate-bank - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000432 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/mystate-bank/products/8ef148c1-1466-483d-ac3c-ecc133bf1a20) — product data published by Australian data holders under the Consumer Data Right. 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