Basic Variable Home Loan

Get a loan that’s simple to use and easy to understand.

No fuss and no hoops. Just a great low rate that helps you pay your home off faster. Available on new loans $100,000+, borrowing up to 95% of the property value3, with flexible repayment options – weekly, fortnightly or monthly. Plus your deposit is eligible for Parental Guarantee.

Make an appointment with a MyState Bank lender to start your application

Apply online for a MyState Bank Home Loan

No matter where you're at, we can help

Buy my first home

Start out with an award-winning home loan from MyState Bank. Our team can provide expert home loan advice, support and tools to make the process of purchasing your first home easier.

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Buy my next home

If you’re looking to buy a new home, save time and money with MyState Bank’s local home loan team who can offer expert home loan advice, competitive home loan interest rates and a range of flexible home loan options to suit your needs.

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Invest in property

If you’re interested in building wealth through property investment, it pays to do your research. MyState Bank’s local home loan experts can tailor a flexible home loan option and offer competitive home loan interest rates to suit your investment requirements.

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Refinancing my existing home

Life is constantly changing and your home loan needs the flexibility to suit your lifestyle. If you want a better deal on your home loan, MyState Bank’s home loan experts can tailor a loan with competitive home loan interest rates and features to suit your changing needs.

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Build my new home

Make sure you calculate the total cost of building your home, including legal fees, costs of the land, land evaluation fees, rates and taxes, stamp duty, site works and moving expenses.

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Renovate my home

The most crucial part of any renovation is the planning process. It may seem obvious, but most renovation budget blowouts occur as a result of poor planning.

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Make an appointment with a MyState Bank lender to start your application

Frequently asked questions

1What will I need when applying for a home loan?

You need to be

  • At least 18 years old
  • An Australian citizen or permanent resident
  • Applying in your own name
  • Have a good credit rating

You will need to have

  • Two forms of ID (driver's licence, Australian passport or Medicare card)
  • Two payslips (if you have an employer)
  • Your most recent tax assessment (if you are self-employed)

A little bit of time

  • About 20 minutes
2How can I improve my chances of the loan being approved?

You can give yourself the best chance possible by:

  • Work out your borrowing capacity, what repayments can you afford? We will use a range of criteria to decide how much you are eligible to borrow, but you need to be comfortable that you can afford to repay the loan.
  • Establish a good banking history, keep your accounts in good order.
  • Keep your credit rating in good standing by staying on top of payments to avoid arrears, debts or missed payments.
  • Save money, demonstrating your ability to save regularly shows a history of managing money responsibly.
3How do I apply for a home loan?

You can complete our online application, make an appointment or call us on 138 001.



At MyState Bank we want to give you as much help as we can in managing your finances. Wherever you are in life, these calculators will assist you in planning for your financial needs.


We’re here to help

With over 50 years experience our local, friendly staff can help you find what you're looking for.

1 Interest rate available on owner-occupied, principal and interest loans less than 80% of property value. Other rates available for different loan terms.

2 Comparison rate based on $150,000 over 25 years. 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. Lending, credit criteria, terms/conditions, fees and charges apply and are subject to change.

3 Loan applications are subject to our normal credit approval criteria and may also require approval of a Lenders Mortgage Insurer. Interest rates may vary based on your loan to property value ratio.

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