Latitude Asset Loan
This loan product is available through broker channels. Loan amounts from $5,000. Consumer loan terms from 2 - 7 years. Secured loans. Weekly, fortnightly or monthly repayments. Extra repayments accepted. Purchase a car, boat or personal watercraft privately or through a dealer.
- From
- 8.99%
- 10.67% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable The interest rate displayed is the minimum rate for the product. 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. | 8.99% | 10.67% | — |
| 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 Minimum rate. | 8.99% | 10.67% | — |
| 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 Maximum rate | 22.99% | 24.58% | — |
| Variable The interest rate displayed is the maximum rate for the product. 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. | 27.99% | 29.57% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment Fee | Upfront | $395.00 |
| Loan Service Fee Charged monthly · $16.50 per month. | Ongoing | $16.50 |
| Late Payment Fee $45 in the event that you can't make the minimum repayment by your agreed date | Late payment | $45.00 |
| Early Termination Fee Variable Loan: No early termination fee Fixed Loan: $750 up until the last 3 months of the loan term | Exit | $750.00 |
| Brokerage Fee This fee is applicable to broker-submitted applications. | Other | From $0.00 |
Eligibility
- Minimum age — 18 yearsBe at least 18 years of age.
- Residency status — Permanent Australian ResidentBe a Permanent Australian Resident.
- Employment status — EmployedBe currently employed and earning at least $25,000 gross per annum.
- Minimum income — $25,000.00 p.a.Be currently employed / self-employed or a self-funded retiree, earning at least $25,000 gross per annum.
- Bankruptcy Free Be free from bankruptcy for the last 7 years.
- Borrow for a consumer purpose only
- Minimum income — $5,000.00 p.a.Borrow at least $5,000
Constraints
- Minimum limit — $5,000.00Borrow at least $5,000
- Consumer loan terms from 2-7 years
Published by Latitude Personal and Motor Loans under the Consumer Data Right · Last updated 9 July 2026 · Product ID e1220c1e-d0dc-49b0-8840-fe0488ef9a79 · View Source Data (JSON)