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MyState Bank Basic Variable

Advertiser disclosure

The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $3,000,000 with an LVR below 60%

The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $3,000,000 with an LVR below 80%

The details shown below are for an owner occupier taking out a principal & interest loan between $100,000 and $3,000,000 with an LVR below 90%

The details shown below are for an owner occupier taking out a interest only loan between $100,000 and $3,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $100,000 and $3,000,000 with an LVR below 80%

The details shown below are for an investor taking out a principal & interest loan between $100,000 and $3,000,000 with an LVR below 90%

The details shown below are for an investor taking out a interest only loan between $100,000 and $3,000,000 with an LVR below 80%

The details shown below are for an investor taking out a interest only loan between $100,000 and $3,000,000 with an LVR below 90%

Choose the version of this loan that suits you best

  • Owner Occupier (Principal & Interest)

    LVR < 60%

    Loan: $100,000 $3,000,000

  • Owner Occupier (Principal & Interest)

    LVR 60%-80%

    Loan: $100,000 $3,000,000

  • Owner Occupier (Principal & Interest)

    LVR 80%-90%

    Loan: $100,000 $3,000,000

  • Owner Occupier (Interest Only)

    LVR < 80%

    Loan: $100,000 $3,000,000

  • Investor (Principal & Interest)

    LVR < 80%

    Loan: $100,000 $3,000,000

  • Investor (Principal & Interest)

    LVR 80%-90%

    Loan: $100,000 $3,000,000

  • Investor (Interest Only)

    LVR < 80%

    Loan: $100,000 $3,000,000

  • Investor (Interest Only)

    LVR 80%-90%

    Loan: $100,000 $3,000,000

Rate
2.69% p.a.
Comparison Rate
2.72% p.a.
Service fee
$0.00
Upfront fee
$350
Rate
2.79% p.a.
Comparison Rate
2.82% p.a.
Service fee
$0.00
Upfront fee
$350
Rate
3.03% p.a.
Comparison Rate
3.06% p.a.
Service fee
$0.00
Upfront fee
$350
Rate
3.43% p.a.
Comparison Rate
3.46% p.a.
Service fee
$0.00
Upfront fee
$350
Rate
3.03% p.a.
Comparison Rate
3.08% p.a.
Service fee
$0.00
Upfront fee
$650
Rate
3.43% p.a.
Comparison Rate
3.50% p.a.
Service fee
$0.00
Upfront fee
$950
Rate
3.44% p.a.
Comparison Rate
3.49% p.a.
Service fee
$0.00
Upfront fee
$650
Rate
3.98% p.a.
Comparison Rate
4.05% p.a.
Service fee
$0.00
Upfront fee
$950

Details

Rates and fees information correct as at 30 October 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 2.69% p.a.

  • n/a

  • n/a

  • n/a

  • 2.72% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $350.00

  • n/a

  • $0.00

  • $380.00

Other financial bits
  • $100,000

  • $3,000,000

  • none

  • 60.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $500.00

  • yes

  • no

  • none

  • none

  • $2,000 refinance cashback, min $250k, <80% LVR, by 30 November 2020.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 30 October 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 2.79% p.a.

  • n/a

  • n/a

  • n/a

  • 2.82% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $350.00

  • n/a

  • $0.00

  • $380.00

Other financial bits
  • $100,000

  • $3,000,000

  • 60.00%

  • 80.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $500.00

  • yes

  • no

  • none

  • none

  • $2,000 refinance cashback, min $250k, <80% LVR, by 30 November 2020.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 30 October 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.03% p.a.

  • n/a

  • n/a

  • n/a

  • 3.06% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $350.00

  • n/a

  • $0.00

  • $380.00

Other financial bits
  • $100,000

  • $3,000,000

  • 80.00%

  • 90.00%

Features
  • Owner Occupier

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $500.00

  • yes

  • no

  • none

  • none

  • $2,000 refinance cashback, min $250k, <80% LVR, by 30 November 2020.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 30 October 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.43% p.a.

  • n/a

  • n/a

  • n/a

  • 3.46% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $0.00

  • $0.00

  • $0.00

  • $350.00

  • n/a

  • $0.00

  • $380.00

Other financial bits
  • $100,000

  • $3,000,000

  • none

  • 80.00%

Features
  • Owner Occupier

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $500.00

  • yes

  • no

  • none

  • none

  • $2,000 refinance cashback, min $250k, <80% LVR, by 30 November 2020.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 30 October 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.03% p.a.

  • n/a

  • n/a

  • n/a

  • 3.08% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • $0.00

  • $0.00

  • $350.00

  • n/a

  • $0.00

  • $380.00

Other financial bits
  • $100,000

  • $3,000,000

  • none

  • 80.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $500.00

  • yes

  • no

  • none

  • none

  • $2,000 refinance cashback, min $250k, <80% LVR, by 30 November 2020.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 30 October 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.43% p.a.

  • n/a

  • n/a

  • n/a

  • 3.50% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $350.00

  • n/a

  • $0.00

  • $380.00

Other financial bits
  • $100,000

  • $3,000,000

  • 80.00%

  • 90.00%

Features
  • Investor

  • Principal & Interest

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $500.00

  • yes

  • no

  • none

  • none

  • $2,000 refinance cashback, min $250k, <80% LVR, by 30 November 2020.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 30 October 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.44% p.a.

  • n/a

  • n/a

  • n/a

  • 3.49% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $300.00

  • $0.00

  • $0.00

  • $350.00

  • n/a

  • $0.00

  • $380.00

Other financial bits
  • $100,000

  • $3,000,000

  • none

  • 80.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $500.00

  • yes

  • no

  • none

  • none

  • $2,000 refinance cashback, min $250k, <80% LVR, by 30 November 2020.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Details

Rates and fees information correct as at 30 October 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 3.98% p.a.

  • n/a

  • n/a

  • n/a

  • 4.05% p.a.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

Fees
  • $600.00

  • $0.00

  • $0.00

  • $350.00

  • n/a

  • $0.00

  • $380.00

Other financial bits
  • $100,000

  • $3,000,000

  • 80.00%

  • 90.00%

Features
  • Investor

  • Interest Only

  • Weekly, Fortnightly, Monthly

  • yes - free

  • none

  • yes - free

  • $500.00

  • yes

  • no

  • none

  • none

  • $2,000 refinance cashback, min $250k, <80% LVR, by 30 November 2020.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Customer Reviews

How are MyState Bank home loans rated by the Mozo community?

Overall
7.3/10
Price
7.2/10
Features
6.5/10
Customer service
7.4/10
Convenience
7.5/10
Trust
7.4/10

Latest reviews of MyState Bank Basic Variable

  • Overall 5/10
    Wouldn’t suggest them to anyone else.

    Day to day banking is fine but home loan and flexibility is not great.

    Read full review

    Day to day banking is fine but home loan and flexibility is not great.

    Price
    5/10
    Features
    0/10
    Customer service
    5/10
    Convenience
    8/10
    Trust
    8/10
    Less
    Linda, Tasmania reviewed 11 months ago
  • Overall 2/10
    Terrible service.

    MyState Bank's service is atrocious. Besides not applying any full or even near rate reductions, I had to fight to get 1 further small reduction after the 2nd official cut. They've refused to do more after the 3rd. They leave it up to customers to contact them to fight for a better deal. On top of this, they have never called back at my preferred time, always when I'm at work or doing something more enjoyable.

    Read full review

    MyState Bank's service is atrocious. Besides not applying any full or even near rate reductions, I had to fight to get 1 further small reduction after the 2nd official cut. They've refused to do more after the 3rd. They leave it up to customers to contact them to fight for a better deal. On top of this, they have never called back at my preferred time, always when I'm at work or doing something more enjoyable.

    Price
    3/10
    Features
    0/10
    Customer service
    0/10
    Convenience
    0/10
    Trust
    3/10
    Less
    Steve, Queensland reviewed 12 months ago
  • Overall 8/10
    Trustworthy.

    Overall MyState is a good alternative to the big 4. Our loan manager is very accommodating.

    Read full review

    Overall MyState is a good alternative to the big 4. Our loan manager is very accommodating.

    Price
    7/10
    Features
    7/10
    Customer service
    9/10
    Convenience
    8/10
    Trust
    7/10
    Less
    Brad, Tasmania reviewed 12 months ago
MyState Bank

About MyState Bank

MyState Bank is an Authorised Deposit-taking Institution and a national diversified financial services group headquartered in Tasmania. MyState Bank has strong roots in the Tasmanian community, offering lending, savings accounts, financial planning and insurance.

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WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.