Latitude Personal Loans
Loan from Latitude Personal and Motor Loans. Flexible repayment options including weekly, fortnightly, or monthly repayments via Direct Debit or BPAY. Minimum borrowing amount of $5,000 with the maximum depending on individual circumstances and financial situation.
- From
- 9.99%
- 11.66% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 7 years Rates remain fixed for the entire loan term $500 early termination fee (up until the final 3 months of loan term) Flexible repayment options with weekly, fortnightly, or monthly repayments Why choose a fixed rate? A fixed rate makes budgeting easier. It’s ideal if you want certainty and peace of mind. Your interest rate stays the same, no surprises, no changes. Minimum rate | 9.99% | 11.66% | — |
| Variable Rates are subject to change throughout the loan term No early termination fee Flexible repayment options with weekly, fortnightly, or monthly repayments Redraw extra repayments at no cost Why choose a variable rate? A variable rate offers flexibility. Ideal if you want to pay off your loan early with fewer restrictions. Minimum rate | 9.99% | 11.66% | — |
| Fixed · 7 years Rates remain fixed for the entire loan term $500 early termination fee (up until the final 3 months of loan term) Flexible repayment options with weekly, fortnightly, or monthly repayments Why choose a fixed rate? A fixed rate makes budgeting easier. It’s ideal if you want certainty and peace of mind. Your interest rate stays the same, no surprises, no changes. Maximum rate. | 29.39% | 30.97% | — |
| Variable Rates are subject to change throughout the loan term No early termination fee Flexible repayment options with weekly, fortnightly, or monthly repayments Redraw extra repayments at no cost Why choose a variable rate? A variable rate offers flexibility. Ideal if you want to pay off your loan early with fewer restrictions. Maximum rate. |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee One-off establishment fee charged at loan setup. | Upfront | $395.00 |
| Loan Service Fee Charged monthly · $16.50 per month. | Ongoing | $16.50 |
| Early Termination Fee For Fixed Loans- $500 early termination fee (up until the final 3 months of loan term). | Exit | $500.00 |
| Late Payment Fee $45 if minimum repayment is not made by the agreed date | Event | $45.00 |
| BPAY Payment Handling Fee Fee charged for payments made via BPAY. | Payment | $1.95 |
| Direct Debit Fee No fee for payments made via Direct Debit. | Payment | $0.00 |
| Brokerage Fee This fee is applicable to broker-submitted applications. | Other | From $0.00 |
Features
- Digital banking
- Repayment Options You can opt to make weekly, fortnightly or monthly repayments by Direct Debit or BPAY. Payment via BPAY will incur a payment handling fee of $1.95.
- Redraw facility
- Redraw is a feature of Latitude Variable Rate Personal Loans that gives access to additional repayments you've made on your loan. There's no cost to redraw and no need to reapply for a new loan. Just flexible access to funds when you need them. Call 1300 973 422 to see if you are eligible.
- Extra repayments
- You can opt to make weekly, fortnightly or monthly repayments by Direct Debit or BPAY. Payment via BPAY will incur a payment handling fee of $1.95.
- Simple application Apply online in under 7 minutes. Only a few documents needed for ID and income verification.
- Flexible financing No early repayment fee on variable loans. Access additional repayments you've made when you need them with Redraw on variable loans.
- Solutions to suit you Our team will help you through the process. Loan options tailored to your specific needs
Eligibility
- Minimum age — 18 yearsBe at least 18 years of age.
- Good Credit History Be able to demonstrate a good credit history for the last 5 years.
- Residency status — Australian Permanent ResidentBe an Australian Permanent Resident.
- Bankruptcy Free Be free from bankruptcy for the last 7 years.
- Employment status — EmployedBe currently employed and earning at least $25,000 gross per annum.
- Minimum income — $25,000.00 p.a.Be currently employed and earning at least $25,000 gross per annum.
Constraints
- Loan terms 2 to 7 years Secured or unsecured
- Minimum limit — $5,000.00The minimum amount you can borrow with a personal loan is $5,000, with the maximum depending on your circumstances and current financial situation.
More Information
Published by Latitude Personal and Motor Loans under the Consumer Data Right · Last updated 9 July 2026 · Product ID 8a6acbba-43ed-4a06-b9bd-aad629d68b6e · View Source Data (JSON)