To qualify for a car or motor loan your next car must be under 15 years old, and your motorbike, boat or other vehicle under 7 years old.
But our Personal Loan could help get you in the driver's seat.
Interest Rates
Let's talk loan details
| Rate | Choice of a Fixed or Variable loan |
| Loan amounts | From $5,000 |
| Repayments | Weekly, fortnightly, monthly |
| Loan terms | 2–7 years |
| Secured and unsecured |
| Other benefits | Fixed loan: Rate and repayment fixed for the life of the loan |
| Variable loan: No early termination fee |
| Other Information | Loans with a variable interest rate are subject to change throughout the duration of the loan |
Fees & charges
| Establishment Fee | $395 |
| Loan Service Fee | $13 per month |
| Payment handling fee for using BPAY® | $1.95 |
| Late Payment Fee: | $45 in the event that you can't make the minimum repayment by your agreed date |
| Early Termination Fee: | Fixed loan: $500 up until the last 3 months of the loan term |
| Variable loan: No early termination fee | |
| Other Information | Loans with a variable interest rate are subject to change throughout the duration of the loan |
Important information
^ Approved customers only. Terms, conditions, fees and charges apply for Latitude Personal Loan. All applications are subject to lending and approval criteria.
Loan terms range from 2-7 years for Latitude Personal Loan.
Latitude Fixed Personal Loan rates range from 9.49% p.a. to 29.99% p.a. (comparison rates 10.93% p.a. to 31.83% p.a.).
Latitude Variable Personal Loan rates range from 9.49% p.a. to 29.99% p.a. (comparison rates 10.93% p.a. to 31.83% p.a.).
* The Comparison rate for the above products are based on $30,000 over 5 years.
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 15.99% p.a. (17.40% p.a. comparison rate), would equate to a total amount payable of $45,418 (including a $395 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 on a Fixed loan up until the last 3 months of your loan term.