Home loan rates in Sydney, September 2026
The sharpest owner-occupier rates available to Sydney buyers, ranked by comparison rate across 85+ lenders. Rates are priced nationally, so a Sydney buyer sees the same numbers as anyone in New South Wales; what changes is the value you borrow against and the NSW concessions that stack on top.
About these dates
Live rates updated 25 September 2026. Verified snapshot dated 27 August 2026 is used only for promoted 80% LVR claims, not as a second table date. Live figures change as lenders publish. The verified snapshot is the dated 80% LVR matrix used for promoted claims.
Top Home Loan Rates in September 2026
Reviewed by the Ratesniffers Editorial Team, September 2026
These are the standout rates for Sydney buyers right now, ranked sharpest-first by comparison rate (currently from 6.00%), rates as at 27 August 2026, with no paid placement.
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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 based on a loan of $150,000 over a term of 25 years.
The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.
Home loan rates in Sydney start from 5.94% p.a. today (as at September 2026), the lowest variable owner-occupier rate across 85+ Australian lenders. Rates are set nationally rather than by city, so a Sydney buyer sees the same numbers as anyone in New South Wales; what changes is the value you borrow against and the NSW concessions that stack on top.
What changes when you compare home loans in Sydney
Sydney carries the highest dwelling values in the country, so even a small move in the comparison rate can shift a Sydney repayment by hundreds of dollars a month. Your interest rate does not change with your postcode, but the size of the loan does, and so does the cash going in. First home buyers in Sydney can combine the $10,000 First Home Owner Grant with the NSW stamp duty concession and the federal Home Guarantee Scheme cap of $1,500,000 (Sydney + regional centres) / $800,000 (rest of NSW). Those three can move your minimum deposit by tens of thousands without touching the rate column above.
Source: Revenue NSW · Verified September 2026. See also our stamp duty calculator.
NSW first home buyer concessions at a glance
| First home owner grant | $10,000 |
|---|---|
| Stamp duty concession | Full exemption on new or existing homes ≤ $800,000; concessional rates from $800,000 to $1,000,000. |
| Home Guarantee Scheme cap | $1,500,000 (Sydney + regional centres) / $800,000 (rest of NSW) |
What is the lowest home loan rate in Sydney right now?
Today the sharpest owner-occupier variable rate available to a Sydney buyer sits at 5.94%, with 1 of 85+ lenders priced under 6.00% and a panel median near 6.29%. Because lenders price nationally, that same rate is open to buyers right across New South Wales.
Sydney home loan rate FAQs
What are the lowest home loan rates in Sydney?
The lowest comparison rate on our panel right now is 6.00%, rates as at 27 August 2026, and sorted to the top of the table above. Home loan rates are not set by city, the same lenders price nationally, so a Sydney buyer can access exactly the same rates as anyone in New South Wales. What changes locally is the value you borrow against and the NSW concessions you stack on top.
How much would a typical Sydney home loan repayment be?
As an indicative example, a loan of around $1,150,000, which reflects an approximate Sydney dwelling value, repaid principal and interest over 30 years at today's lowest variable rate, sits in the range shown in the panel above. It is an indicative figure on an approximate value, not a quote, and your actual repayment depends on your rate, deposit and loan term.
What is the First Home Owner Grant for Sydney buyers?
NSW's First Home Owner Grant is $10,000. Buying or building a new home valued ≤ $600,000, or new house-and-land package ≤ $750,000. It is paid in addition to any rate you secure on the comparison table above. See Revenue NSW for current eligibility detail.
Do first home buyers pay stamp duty in Sydney?
Full exemption on new or existing homes ≤ $800,000; concessional rates from $800,000 to $1,000,000. These concessions can be worth more than a small difference in interest rate, so factor them into your total cost, not just the headline rate. Authority: Revenue NSW.
What is the Home Guarantee Scheme price cap for Sydney?
$1,500,000 (Sydney + regional centres) / $800,000 (rest of NSW) Under the federal Home Guarantee Scheme, eligible Sydney buyers can purchase under that cap with as little as a 5% deposit and no Lenders Mortgage Insurance, with the government guaranteeing the difference. It works with several lenders on the table above.