Fees & charges
|Loan Service Fee||$13 per month|
|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:|
|Within the first half of your loan term||$300|
|Within the second half of your loan term||$0|
Better interest rates are just the beginning
Calculate your repayments
Use our loan calculator to work out your approximate repayments before you apply for a personal loan.
Personal loans from $20,000
|Fixed rate||For the life of the loan|
|Loan amounts||From $20,000|
|Repayments||Weekly, fortnightly or monthly|
|When||Choose the day of the week your |
repayments are deducted
|Loan terms||1 - 7 years|
|Loan Types||Secured and unsecured|
|Other benefits||Optional loan protection insurance|
|Unlimited free disbursement|
|Extra repayments accepted1|
Pay It Faster
Want to save on your interest? No problem — you can pay extra when you want to get ahead of the game.1
Choose your repayment day
Whether you’re paying monthly, fortnightly or weekly, we let you pick the repayment day that works best for your situation.
How to apply
- Apply online and receive a response in 60 seconds.
- Provide required documents, such as your payslips and identification documents.
- Accept and return your loan contract online.
- Obtain funds within 24 hours of us receiving your online acceptance.
- 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 owner
Frequently Asked Questions
What can I use my loan for?
Application and approval
Fees, charges and interest
^Approved customers only. Terms, conditions, fees and charges apply for Latitude Low Rate Personal Loan and Latitude Personal Loan. Terms, conditions, fees and charges apply for Latitude Car and Motor Loan. All applications are subject to lending and approval criteria. For the Latitude Low Rate Personal Loan, Excellent Credit Rating is as determined by Equifax.
Latitude Low Rate Secured Personal Loan interest rate is 9.99% with a comparison rate of 11.22% p.a.
Latitude Low Rate Unsecured Personal Loan interest rate is 10.99% p.a. with a comparison rate of 12.21% p.a.
Latitude Personal Loan rates range from 12.99% p.a. to 28.99% p.a. for secured loans (comparison rates 14.20% p.a. to 30.13% p.a.) and 13.99% p.a. to 29.99% p.a. for unsecured loans (comparison rates 15.19% p.a. to 31.13% p.a.).
Latitude Car and Motor Loan rates are 6.99% p.a. and 9.99% p.a. (comparison rates 8.10% p.a. and 11.08% p.a.) and is available as a secured loan.
*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: An unsecured personal loan of $30,000 borrowed for 5 years with an 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).
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, however if you decide to make early or extra repayments, an early termination fee may apply.