Personal Loan
Repayment Calculator
I'd like to borrow
$20,000
Loan term
7 years
At an interest rate of
16.00% p.a.
9.49% Interest rate p.a.^
29.99%
(10.93% Comparison rate p.a*)
(31.83%)
Estimated repayment including typical fees
$0 / week
Total interest paid
$0
Total amount paid
$0
Ready to get started? Get your tailored rate in just 2 minutes, with no impact to your credit score.
Get your personalised rateThis calculator is provided for illustrative purposes only and does not constitute a quote or pre-qualification. The interest rate you may be offered can differ from the interest rate displayed above and will be based on your personal circumstances. The total amount paid includes establishment and monthly fees. See all Fees & ChargesFees & Charges for this product.
Why choose a Latitude loan?
Why Latitude?
We've been helping Aussies manage their finances for close to a century. Trusted by 2.1 millions customers today, we're ready to back your journey, wherever it leads.
Award-winning Personal Loans
WeMoney Best in Flexibility 2 years running.
Are you eligible for a Personal Loan?
To be eligible for a Personal Loan you must:
- Be 18 years or over
- Be able to demonstrate a good credit history for the last 5 years
- Be a permanent Australian resident
- Be free from bankruptcy for the last 7 years
- Be currently employed and earning at least $25,000 gross per annum
Ready to take the next step with a Latitude loan?
Find out your personalised rate in just minutes — no impact on your credit score.
When life can't wait Latitude is here to help
Important information
^ Approved customers only. Terms, conditions, fees and charges apply for Latitude Personal Loan. All applications are subject to lending and approval criteria.
Loan terms range from 2-7 years for Latitude Personal Loan.
Latitude Fixed Personal Loan rates range from 9.49% p.a. to 29.99% p.a. (comparison rates 10.93% p.a. to 31.83% p.a.).
Latitude Variable Personal Loan rates range from 9.49% p.a. to 29.99% p.a. (comparison rates 10.93% p.a. to 31.83% p.a.).
* 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: A personal loan of $30,000 borrowed for 5 years with an interest rate of 15.99% p.a. (17.40% p.a. comparison rate), would equate to a total amount payable of $45,418 (including a $395 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.
1 You can make additional payments at any time, however, an early termination fee may apply on a Fixed loan up until the last 3 months of your loan term.