Fees & charges
|Loan service fee||$10 per month|
|Australia Post payment handling fee||$1.50|
|BPAY payment handling fee||$0.50|
|Late payment fee:||$40 in the event that you can’t make the minimum repayment by your agreed due date|
|Early termination fee:||Up to $750 is payable if you pay the loan out early.|
|See how this can change over time|
|Consumer and commercial loans available from 6.99%^ to 14.99%^ p.a. (8.10%* to 16.06%* p.a. comparison rate)|
About Car and Motor Loans
Car loans from $5,000
|Fixed rate||For the life of the loan|
|Loan amounts||From $5,000|
|Repayments||Weekly, fortnightly or monthly|
|When||Choose the day of the week your repayments are deducted|
|Loan terms||1 - 7 years when purchased from a dealer|
|1 - 5 years for private sale purchases|
|Other benefits||Cars up to 15 years of age at start of loan|
|Extra repayments accepted1|
Calculate your repayments
Use our handy calculator to determine what your repayments may be on that new car, motorbike or boat.
How we compare to the Big 4
Our interest rates start at a lower point than the Big 4.
Apply online today to see if you could save on repayments.
**Based on an indicative quote provided by a NAB Lending specialist.
Interest rates correct as at 26th July 2018 from provider's websites. Monthly repayment amount based on a $30,000 loan over 5 years. Latitude Car and Motor loan as compared with the 'ANZ Fixed Rate Personal Loan', CBA 'Secured Car Loan', NAB 'Fixed Rate Personal Loan For a Car', and Westpac 'Car Loan'.
Frequently Asked Questions
About my loan
Application and approval
Fees, charges and interest
^ Approved customers only. Terms, conditions, fees and charges apply. For the ‘Latitude Car & Motor Loan' and the 'Latitude Personal Loan’ interest rates range depending on a number of factors, including the information you provide us and our assessment of your application. All applications are subject to lending and approval criteria.
* Comparison rates for all the above products are based on a secured loan of $30,000 over 5 years.
WARNING: The comparison rates are true only for the 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 secured motor loan of $30,000 borrowed for 5 years with the minimum interest rate of 6.99% p.a. (8.10% p.a. comparison rate), would equate to a total amount payable of $36,584 (including a $295 establishment fee and $10 monthly loan servicing fees).
1 You can make additional payments, however if you decide to make early or extra repayments, an early termination fee may apply.