MyState BankHome Loan

Fixed Rate Loan

Offered by MyState Bank

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Key Product Facts

Variable rate

N/A

Fixed rate

7.69%

Comparison rate

8.00%

Product overview

With a fixed interest home loan rate your repayments remain the same for the selected term. With a guaranteed interest rate you know exactly how much you're going to pay every time. At the end of the selected term, the home loan interest rate converts to our Standard Variable Home Loan rate current at that time. A fixed home loan rate is great if you're buying an owner-occupied home, investment property, vacant land or refinancing home loans from another lender, and if you want protection from interest rate increases and certainty of repayments.

Is this product competitive?

There is no single rate or fee that determines whether a financial product is suitable or competitive for everyone. Consider the advertised rate, comparison rate, fees, term, product purpose and eligibility requirements together.

Advertised rate

N/A

Comparison rate

8.00%

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Key product details

Category
Home Loans
Subcategory
Home Loan
Purpose
INVESTMENT
Repayment type
PRINCIPAL_AND_INTEREST