As of 18 September 2026, the MyState Basic Variable Loan's variable owner-occupier P&I variant has a comparison rate of 6.22% (6.19% advertised), ranking 22nd of 107 variable owner-occupier P&I loans and sitting 0.54 points below the market average of 6.76%. The product comes in 16 variants; the others are investor, interest-only and other LVR bands.
6.19% advertised · Variable · P&I · Owner-occupier · 71–80% LVR
15 other variants: investor, interest-only and other LVR bands below.
Rate over time
Comparison rate · Variable · P&I · Owner-occupier · 71–80% LVR- Basic Variable Loan · Variable · P&I · Owner-occupier
- RBA cash rate
- Market average
Changes
No changes recorded for this product since tracking began on 12 September 2026.
Rates by variant
Comparison rate · advertised rate- Variable · P&I · Owner-occupier · ≤60% LVR
- 6.07% comparison · 6.04% advertised
- Variable · P&I · Owner-occupier · ≤98% LVR
- 6.22% comparison · 6.19% advertised
- Variable · P&I · Owner-occupier · 61–70% LVR
- 6.07% comparison · 6.04% advertised
- Variable · P&I · Owner-occupier · 71–80% LVR
- 6.22% comparison · 6.19% advertised
- Variable · P&I · Owner-occupier · 81–90% LVR
- 6.42% comparison · 6.39% advertised
- Variable · P&I · Owner-occupier · 91–100% LVR
- 7.32% comparison · 7.29% advertised
- Variable · Interest Only · Owner-occupier · ≤80% LVR
- 6.52% comparison · 6.49% advertised
- Variable · P&I · Investor · ≤60% LVR
- 6.24% comparison · 6.19% advertised
- Variable · P&I · Investor · 61–70% LVR
- 6.24% comparison · 6.19% advertised
- Variable · P&I · Investor · 71–80% LVR
- 6.29% comparison · 6.24% advertised
- Variable · P&I · Investor · 81–90% LVR
- 6.69% comparison · 6.64% advertised
- Variable · P&I · Investor · 91–95% LVR
- 7.44% comparison · 7.39% advertised
- Variable · Interest Only · Investor · ≤60% LVR
- 6.39% comparison · 6.34% advertised
- Variable · Interest Only · Investor · 61–70% LVR
- 6.39% comparison · 6.34% advertised
- Variable · Interest Only · Investor · 71–80% LVR
- 6.44% comparison · 6.39% advertised
- Variable · Interest Only · Investor · 81–90% LVR
- 6.79% comparison · 6.74% advertised
Fees
Headline variant- Application fee
- $350
- Ongoing fee
- None
- Discharge fee
- $380
- Valuation fee
- $200
- Redraw fee
- None
Features
Headline variant- Offset account
- No
- Redraw
- Yes
- Extra repayments
- Yes
- Portable
- No
- Repayment holiday
- No
About this product
Get a loan that's simple to use and easy to understand. Just a great low rate that helps you pay your home off faster. Available on new loans $100,000+, borrowing less than 90% of the property value subject to loan approval and lenders mortgage insurance requirements, with flexible repayment options, weekly, fortnightly or monthly.