Belinda Palmada
Updated 19 Jun 2026, 1:28pm
First published 19 Jun 2026, 1:25pm
Kyle Sandilands reportedly took out a secret home loan charging close to 30 per cent interest rate just weeks after his radio walkout stopped his income.
The radio star has four separate mortgages with NAB. These loans cover his $14 million Vaucluse mansion, a $3 million Southern Highlands farm, a $1.8 million Copacabana fixer-upper, and a $3 million Glenorie estate.
According to media reports, the shock jock finalised a second mortgage on his Glenorie property with lender Mortgage Holdings Group on April 24.
The media personality accepted the mortgage to borrow up to $2 million.
The “lower” interest rate on the loan is 19.75 per cent a year, but the “higher rate” is an eye-watering 29.75 per cent.
According to reports, Sandilands could not even get the full $2 million cash amount. The lender kept $395,000 of the loan upfront to cover the staggering interest bills.
Even if the broadcaster pays the money back early, the contract forces him to pay at least six months of heavy interest.
Back in March, Sandilands admitted outside the Federal Court that he “has mortgages to pay like everyone else”.
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Kyle Sandilands.
Sandilands’ Glenorie home.
Reports indicate that Sandilands is now trying to sell the house behind the loans.
He bought the sprawling north-west Sydney acreage in secret for his wife, Tegan Kynaston, and their young son.
But his wife refused to live in the Glenorie area because it sits a long one-hour drive from the Sydney central business district. The family now lives at their main Vaucluse home instead.
The Glenorie house went up for sale in February. It was listed just one week after Sandilands’ live radio attack on co-host Jackie “O” Henderson triggered his temporary suspension.
No buyer has been found even though Sandilands and his wife slashed the price to $4.9m.
Sandilands’ Vaucluse home.
Kyle Sandilands and Jackie O in happier times.
The radio world was rocked after his termination following an on-air spat with Henderson.
The broadcaster subsequently terminated both Sandilands’ and Henderson’s $100 million contracts.
While Henderson is still running a separate case against ARN, Sandilands finalised a $12 million legal settlement.
Sandilands said he chose to settle the dispute because the issue was not about the money, implying he can earn another $45 million by returning to broadcasting.
“I’m happy to earn the money,” Sandilands said. “I’d do the show for free, and it isn’t as if we’re broke.”
The media personality said he made the final decision to strike a deal with ARN after his lawyers advised that the legal battle could trigger another 12 months in appeals.
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