Personal loan

Personal loans for life's big moments

Do that renovation. Take that holiday. Buy that car. Take control of your finances. Apply online and get a response in 60 seconds.
Get my rate estimate
Find out your estimated interest rate in 2 minutes

Why choose a Latitude loan?

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

Get an estimate of your repayments

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

View Fee Breakdown

Ready to get started? Get your tailored rate in just 2 minutes, with no impact to your credit score.

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This 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.

Compare our fixed and variable personal loan options to find the right fit for you

Frequently asked questions


How is my interest rate determined?

What is a comparison rate?

What is redraw?

Secured vs Unsecured loan?

Fixed Loan

Best for stability

Variable Loan

Best for flexibility

Interest rate from
9.49
%
p.a.^
to
29.99
%
p.a.^
Comparison rate from
10.93
%
p.a.*
to
31.83
%
p.a.*
Interest rate from
9.49
%
p.a.^
to
29.99
%
p.a.^
Comparison rate from
10.93
%
p.a.*
to
31.83
%
p.a.*
  • 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
  • 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 fixed rate?

A fixed rate provides stable, predictable repayments, making budgeting easier. It's ideal if you want certainty and peace of mind, knowing your payments won't change.

Why choose a variable rate?

A variable rate offers flexibility. Ideal if you want to pay off your loan early with fewer restrictions.


Frequently asked questions


How is my interest rate determined?

What is a comparison rate?

What is redraw?

Secured vs Unsecured loan?

Personal loan repayment calculator

What will my repayments be?

Let's calculate

Applying for a Latitude Personal Loan is simple

1. Check your rate

Get your personalised rate online in 2 minutes without impacting your credit score.

2. Apply online

Submit your ID details and proof of income. Get a response within 2 business days.

3. Accept

Accept your loan contract digitally through our customer portal.

4. Get your funds

Funds released within 24 hours of receiving your signed contract and banking details.

When life can't wait Latitude is here to help

Get behind the wheel faster
Get behind the wheel faster
Drive away in your new car with ease. We're here to help make it happen.
Learn more
Simplify your finances
Simplify your finances
Take control and get back on track with the help of our debt consolidation loans.
Learn more
Renovate your castle
Renovate your castle
Build that dream kitchen, or entertain on your new deck. Turn your house into a home.
Learn more
Get the medical care you need
Get the medical care you need
Focus on your wellbeing with financial support tailored to your health needs.
Learn more

Ready to take the next step with a Latitude loan?

Find out your personalised rate in just minutes — no impact on your credit score.

Get my rate estimate

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.

Why Latitude?

Frequently asked questions

What can I use my loan for?

  • What can I use my loan for?

    <span>You can use a Latitude loan for most purposes. This could be anything from a holiday, education expenses, car purchase or repairs, travel, home renovations, unexpected bills or even a wedding. If you have something in mind, give us a call <a href="tel:132826">13 28 26</a> to discuss a solution that suits you.</span>

    What can I use my loan for?

  • How much can I borrow?

    <span><p><strong>Latitude Personal Loan</strong></p><p>The minimum amount you can borrow for a Latitude Personal Loan is $5,000, with the maximum depending on your circumstances and current financial situation.</p></span>

    How much can I borrow?

  • How do I make repayments?

    <span><p>You can opt to make weekly, fortnightly or monthly repayments by Direct Debit or BPAY®.</p><p>Payment via BPAY® will incur a payment handling fee.</p><p>BPAY® and the BPAY® logo are registered trademarks of BPAY Pty Ltd ABN 69 079 137 518</p></span>

    How do I make repayments?

  • Useful forms

    <span><p>To help you manage your account, here are some useful forms.</p><a target="_blank" href="https://latitudefs.zendesk.com/hc/en-au/requests/new?ticket_form_id=360000137778">Direct debit set up form</a> [PDF]<br><a target="_blank" href="https://latitudefs.zendesk.com/hc/en-au/requests/new?ticket_form_id=360000130337">Third part authority</a> [PDF]</span>

    Useful forms

  • What is redraw?

    <span><p>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.</p></span>

    What is redraw?

  • Do all Latitude personal loans allow redraw?

    <span><p>Only Latitude Variable Rate Personal Loan have redraw available.</p></span>

    Do all Latitude personal loans allow redraw?
Application and approval

  • When will I get a decision on my application?

    <span>In most cases, you can expect to receive a decision on your loan application in 1-2 working days.</span>

    When will I get a decision on my application?

  • How long till I receive my funds?

    Once your loan is approved and signed, your funds are usually available the next day or no more than two working days (depending on your circumstances).

    How long till I receive my funds?

  • What is the eligibility criteria?

    <div><strong>Latitude Personal Loan</strong><p>At a minimum, you will need to:</p><ul><li>Be currently employed and earning at least $25,000 gross per annum,</li><li>Be an Australian Permanent Resident,</li><li>Be at least 18 years of age.</li><li>Be able to demonstrate a good credit history for the last 5 years</li><li>Be free from bankruptcy for the last 7 years</li></ul><p>Other credit and approval criteria will apply depending on your situation. In most cases, you can expect to receive a decision on your loan application in 1-2 working days.</p></div>

    What is the eligibility criteria?

  • Do I need to provide security?

    <span>Whether you need to provide security or not will vary depending on your personal circumstances and the loan amount you have applied for.</span>

    Do I need to provide security?
Fees, charges and interest

  • Will the interest rate on my loan be Fixed or Variable?

    <span>Interest rate may vary depending on the type of loan you apply for. Our Fixed personal loans feature fixed interest rates, so repayment amounts stay the same throughout the life of the loan. Your rate could change during the term of your loan for a Variable personal loan.</span>

    Will the interest rate on my loan be Fixed or Variable?

  • How is my interest calculated?

    <span>Interest is calculated daily and charged to your account on a monthly basis.</span>

    How is my interest calculated?

  • Will I be charged a fee for making extra payments?

    <span>With a Latitude Personal Loan, you can make extra payments whenever and however you like. Be aware that for a Fixed loan, an early termination fee of $500 applies if you payout your loan in full up until the last 3 months of the loan. Payment handling fees of $1.50 apply when making extra repayments via BPAY&reg;. BPAY and the BPAY logo are registered trademarks of BPAY Pty Ltd 69 079 137 518.</span>

    Will I be charged a fee for making extra payments?

  • How can I avoid paying late fees?

    <span><ul><li>Paying by direct debit saves you time and the hassle of manual repayments, it also helps you to avoid fees from missed or late payments.</li><li>Make sure you have sufficient funds in your account so all direct debits and other scheduled payments can be made.</li><li>If your circumstances change which could affect your repayments, call us on <a href="tel:132826"> 13 28 26</a> to discuss your options.</li><li>You can also make additional repayments so you pay off your loan sooner and save on interest<sup>1</sup>.</li></ul><p><sup>1</sup>Early termination fee applies.</p></div></span>

    How can I avoid paying late fees?

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.