Low Rate Personal Loan

Introducing our new Latitude Low Rate Personal Loan - designed to give our best rate of 9.99%^ p.a. to new customers who want to borrow for something big.

Do I qualify?

  • Available to new Latitude personal loan customers only
  • Loan amounts from $20,000
  • Applicants must be homeowners or have a mortgage
  • Applicants must have an excellent credit rating

Latitude Low Rate Personal Loan not for you?
Check out our other loan options here

Latitude Low Rate Personal Loan

  • Loan terms from 2 - 7 years
  • Secured and unsecured loans at 9.99% p.a. (11.22%* p.a. comparison rate)
  • Stay in control with a fixed rate for the life of the loan
  • Flexible repayments options
  • Optional loan protection insurance - find out more
See all loans

Personal loans information

In order to take out a Latitude loan, you’ll need to:

  • have a regular income,
  • be a permanent Australian resident, and
  • be at least 18 years of age.

    • Other credit and approval criteria will apply – this generally depends on what we learn once we’ve reviewed your application and your individual needs. One of our Betterers will let you know if your application is successful by the next working day.

When shopping around or applying for a personal loan, one decision you’ll need to make is whether you want a secured or unsecured loan.

Taking out a secured loan means you’re able to provide an asset or something with financial value, like your car, for the lender to secure your loan against. An advantage of taking out a secured loan is that you may be eligible for a lower interest rate.

If you don’t have a suitable asset to secure your loan against, you may decide to apply for an unsecured loan.

Calculators and tools

Personal loan repayments

Interested in what your repayments might be before you jump into applying? Use our personal loan calculator to find out.

Calculate repayments

Budget planner

Not sure how far the budget will stretch? Take a look at our budget planner. It’ll help work out how much you can afford to repay.

Set up a budget

Car loan repayments

Eager to test drive but need to know your limits? Use our car loan calculator to work out your approximate repayments before you choose your wheels.

Calculate repayments

Frequently asked questions

What can I use my loan for?

Application and approval

Fees, charges and interest

Get a Latitude personal loan today

Important Information

^ Approved customers only. Terms, conditions, fees and charges apply. All applications are subject to lending and approval criteria. Settlement times may vary depending on circumstances.

* The comparison rate for is based on a loan of $30,000 over 5 years.

WARNING: The comparison rate is true only for 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. If approved, we will confirm your actual interest rate in your loan contract.

EXAMPLE: A secured personal loan of $30,000 borrowed for 5 years with the minimum interest rate of 9.99% p.a. (11.22% p.a. comparison rate), would equate to a total amount payable of $39,334 (including a $250 establishment fee and $13 monthly loan servicing fees).