- Better comfort.
- Better kerb appeal.
- Get yourself into gear with a low rate personal loan today.
You can use a Latitude loan for most purposes. This could be anything from a holiday, education expenses, car purchase or repairs, travel, home renovations, unexpected bills, debt consolidation or even a wedding. If you have something in mind, give us a call 1300 973 422 to discuss a solution that suits you.
Latitude Personal Loan
The minimum amount you can borrow for a Latitude Personal Loan is $3,000, with the maximum depending on your circumstances and current financial situation.
Latitude Low Rate Loan
The minimum amount you can borrow for a Latitude Low Rate Personal Loan is $20,000.
You can opt to make weekly, fortnightly or monthly repayments by Direct Debit, BPAY® at Australia Post outlets.
Payment at Australia Post or via BPAY® will incur a payment handling fee.
BPAY® and the BPAY® logo are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518
In most cases, you can expect to receive a decision on your loan application in 1-2 working days.
Once your loan is approved and signed, your funds are usually available the next day or no more than two working days (depending on your circumstances).
At a minimum, you will need to:
Other credit and approval criteria will apply depending on your situation.Latitude Low Rate Personal Loan
At a minimum, you will need to:
Other credit and approval criteria will apply depending on your situation. In most cases, you can expect to receive a decision on your loan application in 1-2 working days.
Whether you need to provide security or not will vary depending on your personal circumstances and the loan amount you have applied for.
All our loans feature fixed interest rates, so repayment amounts stay the same throughout the life of the loan. Having this certainty makes budgeting easier and more manageable.
Interest is calculated daily and charged to your account on a monthly basis.
Additional repayments can be made at any time. However if you pay off your loan early, an early termination fee may apply. The amount will depend on how long you have left on your agreed term. Payment handling fees apply for additional repayments made at Australian Post or via BPAY®. BPAY and the BPAY logo are registered trademarks of BPAY Pty Ltd 69 079 137 518.
1Early termination fee applies.
^ 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.
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).