Low Rate

  • About the loan
  • Loan terms from 2 - 7 years
  • Secured and unsecured loans
  • Fixed rate for the life of the loan
  • Weekly, fortnightly or monthly repayments
  • You must
  • be 18 years or over
  • be a permanent Australian resident
  • borrow at least $20,000
  • be a new Latitude Personal Loan customer
  • be a homeowner or mortgage holder
  • have an excellent credit rating
  • Our Fees & Charges
  • Establishment Fee - $250
  • Loan Service Fee - $13 per month
  • About the loan
  • Choose the day of the week your repayments are deducted
  • Optional loan protection insurance
  • Unlimited free disbursements
  • Extra repayments accepted1
  • Our rates
  • Secured and unsecured loans at 9.99% p.a.^ (11.22%* p.a. comparison rate)
  • 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 -
  • $150 within the first half of your loan term
  • $75 within the second half of your loan term
  • $0 during the last 6 months of your loan term

What can I use this loan for?

Calculate your

fixed rate
9.99 % p.a.^
11.22 % 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

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. Settlement times may vary depending on circumstances.

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

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

~ Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualification for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you consult your accountant or financial adviser before taking out 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.

Calculator Assumptions

This information outlines how the calculator determines the interest and repayment amounts compared with how a Latitude Financial Services personal loan establishes these amounts.

Length of Month

The calculator assumes all months are of equal length. However given some months are longer than others and interest is accrued on a daily basis, the interest charged on a personal loan will vary depending on the number of days in the month.

Number of Weeks and Fortnights in a Year

The calculator and a Latitude Financial Services personal loan assumes one year contains exactly 52 weeks or 26 fortnights, based on 364 days a year, rather than the actual 365 or 366 days in a year.

Rounding of Repayment Amounts

The personal loan calculator uses the unrounded repayment amount as this creates a smooth line for the graph. In reality, with a personal loan the repayments are rounded to at least the nearer cent.

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).