Latitude fixed-rate personal loans from $5,000 with personalised rates and fixed monthly repayments

Why choose Latitude fixed-rate personal loans

Latitude fixed-rate personal loans from $5,000 give Australians certainty when borrowing for big-ticket items or debt consolidation. With a personalised fixed-rate based on your credit score, you get a rate that reflects your financial profile instead of a one-size-fits-all offer.

Fixed monthly repayments make budgeting straightforward, so you’ll know exactly what leaves your bank account each month. For many households this predictability is worth the application and monthly administration fees.

Secured or unsecured – pick what suits you

The Latitude fixed-rate personal loan comes as secured or unsecured options, letting you choose lower rates with collateral or the convenience of no security. Secured loans may reduce your interest cost if you can offer an asset, while unsecured loans are quicker to arrange for smaller amounts.

Decide based on the asset value, your comfort with putting up security and how long you plan to keep the loan. Either way, the fixed-rate structure keeps repayments stable across the agreed term.

Costs, fees and repayment details

Be aware of fees when considering a Latitude fixed-rate personal loan: an application fee of $395 and a $13 monthly fee apply, and early repayment charges may be payable. Factor these into the total cost when comparing lenders in Australia.

Loan terms are flexible and repayments are fixed, which helps you manage cashflow and avoid surprises. If you have a good credit score you may score a more competitive personalised rate, reducing overall interest paid.

How to apply and whether it’s right for you

Applying for a Latitude fixed-rate personal loan is an online process; have ID, proof of income and bank statements ready to speed approval. Check eligibility online, compare personalised rates and run a repayment calculator to see monthly costs in AUD before you commit.

If you value predictability and plan to borrow $5,000 or more, these fixed-rate personal loans are worth comparing to other lenders. Shop around, read the product disclosure statement and, if unsure, talk to a financial adviser to confirm it matches your budget and goals.