Low Rate Personal Loan 10.99% p.a.

Comparison rate 12.21%* p.a.

For new customers looking to borrow more than $20,000, who are homeowners or mortgage holders and have an excellent credit rating^.

Better interest rates are just the beginning

Easy application

You can apply online or over the phone in just 10 minutes.

Flexible repayments

You can choose to pay off your loan weekly, fortnightly or monthly, plus you can even make additional repayments along the way.

Total control

We'll make sure your interest rate is fixed for the life of the loan.

  • About the Low Rate
    Personal Loan

  • Loan amounts from $20,000
  • Loan terms from 2 - 7 years
  • Secured and unsecured loans
  • Fixed rate for the life of the loan
  • Weekly, fortnightly or monthly repayments
  • Choose the day of the week your repayments are deducted
  • Optional loan protection insurance
  • Unlimited free disbursements
  • Extra repayments accepted1
  • You must

  • be 18 years or over
  • be a permanent Australian resident
  • be currently employed
  • borrow at least $20,000
  • be a new Latitude Personal Loan customer
  • be a homeowner or mortgage holder
  • have an excellent credit rating
  • Our rates

  • Secured and unsecured loans at 10.99% p.a.^ (12.21%* p.a. comparison rate)
  • Our Fees & Charges

  • Establishment Fee - $250
  • Loan Service Fee - $13 per month
  • Other fees and charges
    you may incur

  • Australia Post payment handling fee - $1.50
  • BPAY® payment handling fee - $1.50
  • Late payment fee - $35 in the event that you can't make the minimum repayment by your agreed due date
  • Early Termination Fee -
  • $300 within the first half of your loan term
  • $0 within the second half of your loan term

Calculate your

fixed rate
10.99 % p.a.^
12.21 % p.a.*
comparison rate

I want to borrow

The minimum loan amount for the Low Rate Personal Loan is $20,000.

For how many years?

How often do you want to pay?

Show repayments




(excluding fees)

Total interest payable


Total loan amount


Loan term

5 years

Fixed rate


Comparision rate


Edit details

What can I use this loan for?

Frequently asked questions

What can I use my loan for?

Application and approval

Fees, charges and interest

Important Information

^ Approved customers only. Terms, conditions, fees and charges apply. All applications are subject to lending and approval criteria. Excellent credit rating as determined by Equifax.

* Comparison rate for the above product is based on an unsecured loan of $30,000 over 5 years.
WARNING: This comparison rate is true only the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
EXAMPLE: An unsecured personal loan of $30,000 borrowed for 5 years with the minimum 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).

1 You can make additional payments, however if you decide to make early or extra repayments, an early termination fee may apply.

The repayment amount shown using this calculator is an estimate only. The results from this calculator should be used as an indication only, and they do not represent either a quote or pre-qualification or approval for a loan. This calculator should only be used as a guide to see how personal loan repayments can vary when you change the loan amount, interest rate, and loan term.

Fees and charges are payable and the calculations do not take these into account.