Latitude Personal and Motor LoansLatitude 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.
At a glance
- Fixed
- 8.99%10.67% comparison
- Variable
- 8.99%, 10.67% comparison
- Loan size
- $5,000 to no maximum
- Upfront fee
- $0
- Monthly fee
- $16.50
How it compares
This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This personal loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Personal loanLowest advertised rate, fixed or variable, leaving out car loans | 8.99% | 5.80%Plenti Personal Loan | 7.96%of 68 institutions | 46th lowest of 68, level with one other |
| Fixed personal loanRepayments stay the same for the term | 8.99% | 5.80%Plenti Personal Loan | 7.96%of 42 institutions | 29th lowest of 42, level with one other |
| Variable personal loanMoves with the lender's rates | 8.99% | 6.29%Bank of us' RESIDENTIALLY SECURED PERSONAL LOAN | 8.02%of 45 institutions | 27th lowest of 45 |
Rates
Every rate Latitude Personal and Motor Loans publishes for this personal loan, 9 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| DiscountGet a 2% discount on your personalised rate and save $395 on the establishment fee when you apply with Latitude Financial Services before 30 November. Rates shown include any applicable discount. Dis… | - | - | - | 2.00% | 2.53% | 2% waiver on lending rate |
| FixedThis product is a secured fixed rate personal loan. 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 w… | - | 7 yrs fixed | - | 8.99% | 10.67% | - |
| FixedThis product is an unsecured fixed rate personal loan. Rates remain fixed for the entire loan term $500 early termination fee (up until the final 3 months of loan term) Flexible repayment options wit… | - | 7 yrs fixed | - | 9.99% | 11.66% | - |
| FixedThis product is a secured fixed rate personal loan. 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 w… | - | 7 yrs fixed | - | 28.39% | 29.97% | - |
| FixedThis product is an unsecured fixed rate personal loan. Rates remain fixed for the entire loan term $500 early termination fee (up until the final 3 months of loan term) Flexible repayment options wit… | - | 7 yrs fixed | - | 29.39% | 30.97% | - |
| VariableThis product is a secured variable rate personal loan. Minimum Interest rate. Rates are subject to change throughout the loan term No early termination fee Flexible repayment options with weekly, for… | - | - | - | 8.99% | 10.67% | - |
| VariableThis product is an unsecured variable rate personal loan. Minimum Interest rate. Rates are subject to change throughout the loan term No early termination fee Flexible repayment options with weekly,… | - | - | - | 9.99% | 11.66% | - |
| VariableThis product is a secured variable rate personal loan. Maximum Interest rate. Rates are subject to change throughout the loan term No early termination fee Flexible repayment options with weekly, for… | - | - | - | 28.39% | 29.97% | - |
| VariableThis product is an unsecured variable rate personal loan. Maximum Interest rate. Rates are subject to change throughout the loan term No early termination fee Flexible repayment options with weekly,… | - | - | - | 29.39% | 30.97% | - |
Fees
9 fees published, grouped by when they're charged.
- When you take it outUp to $3953 fees, each listed below
- While you hold it$16.50 a monthLoan Service Fee
- When you close it or pay it off$500Early Termination Fee
When you take it out3
- Establishment Fee
One-off establishment fee charged at loan setup.
$395 - Loan Establishment Fee Waiver
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees,…
No fee - Loan Establishment Fee Waiver
Get a 2% discount on your personalised rate and save $395 on the establishment fee when you apply with Latitude Financial Services before 30 November. Rates shown include any applicable discount. T&C…
No fee
While you hold it1
- Loan Service Fee
$16.50 per month.
$16.50 a month
When you make a transaction2
- BPAY Payment Handling Fee
Fee charged for payments made via BPAY.
$1.95 - Direct Debit Fee
No fee for payments made via Direct Debit.
No fee
When particular things happen1
- Late Payment Fee
$45 if minimum repayment is not made by the agreed date
$45
When you close it or pay it off1
- Early Termination Fee
For Fixed Loans- $500 early termination fee (up until the final 3 months of loan term).
$500
Other fees1
- Brokerage Fee
This fee is applicable to broker-submitted applications.
From $0
Features
- 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
- Top-ups Need extra funds? A Personal Loan Top-up can help Apply through the Personal Loans Portal to see if you’re eligible. Available to all existing eligible Latitude Personal Loan customers.
- Secured or Unsecured Products
Eligibility and limits
- Minimum age 18
- Residency: Australian Permanent Resident
- Employment: Employed
- Minimum income $25,000
- Available to individuals
- Amount from $5,000, no maximum
- Good Credit History Be able to demonstrate a good credit history for the last 5 years.
- Bankruptcy Free Be free from bankruptcy for the last 7 years.
- The minimum loan term is 2 years 2 to 7 years Secured or unsecured
- The Maximum loan term is 7 years
Compare it with others
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Published by Latitude Personal and Motor Loans under the Consumer Data Right, last changed by them on 12 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.