- For vehicles less than 3 years old
- Be a homeowner or mortgage holder
- Be employed full time with the same employer for at least 18 months
- For all other vehicle loans
Fees & charges
|Loan Service Fee||$10 per month|
|Australia Post Payment Handling Fee||$1.50|
|BPAY® Payment Handling Fee||$0.50|
|Late Payment Fee||$40 in the event that you can’t make the minimum repayment by your agreed due date|
|Early Termination Fee||Up to $750 is payable if you pay the loan out. |
|Consumer and commercial loans available at 5.99%^# and 9.99%^ p.a. (7.24%* and 11.08%* p.a. comparison rate)|
Calculate your repayments
Find out what your monthly repayments would be on a Latitude Commercial Vehicle Loan.
Why choose a Latitude Loan?
Let’s hit pause on payments
Got a month with high expenses like rego, insurance and holidays? Pay a little extra each month, then take one month off from your repayments. You can even choose which month to take off.
Reduce your regular repayments, and opt to make a once off lump sum payment at the end of your loan, up to 30% of the vehicle value.
Borrow for extras too
Borrow more than 100% of the vehicle price to cover extras like insurance and your on-road costs.
Let’s talk loan details
|Fixed rate||For the life of the loan|
|Loan amounts||From $5,000|
|Vehicle size||Maximum 4.5 tonnes|
|Repayments||Weekly, fortnightly, monthly|
|When||Choose the day of the week your repayments are deducted|
|Loan terms||1 - 7 years when purchased from a dealer|
|1 - 7 years for private sale purchases|
|Other benefits||For new or used vehicles|
|Commercial vehicles up to 7 years of age|
|Extra repayments accepted1|
Frequently asked questions
About my loan
Application and approval
^ Approved customers only. Terms, conditions, fees and charges apply for Latitude Personal Loan. Terms, conditions, fees and charges apply for Latitude Car and Motor Loan. All applications are subject to lending and approval criteria.
Loan terms range from 1-7 years.
Latitude Personal Loan rates range from 5.99% p.a. to 21.99% p.a. for secured loans (comparison rates 7.26% p.a. to 23.15% p.a.) and 7.99% p.a. to 22.99% p.a. for unsecured loans (comparison rates 9.24% p.a. to 24.15% p.a.).
Latitude New and Used Car (Including Boat, Caravan, Motorbike and Commercial Vehicle) Loan rates are 5.99% p.a. and 9.99% p.a. (comparison rates 7.24% p.a. and 11.08% p.a.) and is available as a secured loan.
* The Comparison rate for the above products are based on $30,000 over 5 years.
#Offer ends Sunday 13th June 2021 and may be extended at Latitude’s discretion.
WARNING: These comparison rates apply only to the example or examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
EXAMPLE: A personal loan of $30,000 borrowed for 5 years with an interest rate of 10.99% p.a. (12.21% p.a. comparison rate), would equate to a total amount payable of $40,233 (including a $250 establishment fee and $13 monthly loan servicing fees).
Results from the calculators should be used as an indication only, and they do not represent either a quote or pre-qualification or approval for a loan. The calculator should only be used as a guide to see how loan repayments can vary when you change the loan amount, interest rate and loan term. Fees and charges are payable and the calculators do not take these into account.
1 You can make additional payments at any time, however an early termination fee may apply if the loan is repaid within the first half of your loan term.