Low Rate Personal Loan

10.99%^ p.a. Comparison rate 12.21%* p.a.

For new customers looking to borrow more than $20,000, who are homeowners or mortgage holders and have an excellent credit rating ^

Better interest rates are just the beginning

Easy application
You can apply online or over the phone in just 10 minutes.
Flexible repayments
You can choose to pay off your loan weekly, fortnightly or monthly, plus you can even make additional repayments along the way.1
Total control
We'll make sure your interest rate is fixed for the life of the loan.


Fixed rate (Secured & Unsecured)
Comparison rate

Fees & charges

Establishment Fee$250
Loan Service Fee$13 per month
Australia Post Payment Handling Fee$1.50
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

Calculate your repayments

fixed rate
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?

Your results



(excluding fees)

Total interest payable


Total loan amount


Loan term

5  years

Fixed rate

10.99%^ p.a.

Comparision rate

12.21%* p.a.

Edit details

About the loan

Fixed RateFor the life of the loan
Loan amountsFrom $20,000

RepaymentsWeekly, fortnightly, monthly

WhenChoose the day of the week your
repayments are deducted

Loan terms2 to 7 years
Loan typesSecured and unsecured

Other benefitsOptional loan protection insurance
Unlimited free disbursement
Extra repayments accepted


You must:
  • 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
  • Have an excellent credit rating

What can I use this loan for?

Free up your time for what really matters

Frequently Asked Questions

What can I use my loan for?
Application and approval
Fees, charges and interest
InformationImportant informationRight arrow

^Approved customers only. Terms, conditions, fees and charges apply. 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 Personal Loan interest rate is 10.99% p.a. with a comparison rate of 12.21% p.a. and is available as a secured or unsecured loan.

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 range from 6.99% p.a. to 14.99% p.a. (comparison rates 8.10% p.a. to 16.06% 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 the minimum 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.