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Motor Loan

Latitude Financial Services

Borrowing Amount
Loan term
Advertised RateFrom 8.99%fixed
Comparison Rate10.09%
Monthly Repayment$623
Loan amountFrom $5k
Pros
  • Can apply online
  • Can apply in branch
  • Suitable for both new or used car
Cons
  • Monthly fee charged
  • Application fee charged
  • Requires security to be held

Suitable For

New Car
New Car
Used Car
Used Car
Motorcycle
Motorcycle
Boat
Boat

Loan Fees

Upfront Fee
Upfront Fee$295
Ongoing Fee
Ongoing Fee$10

monthly

Early Exit Penalty Fee
Early Exit Penalty FeeFee Applies
Missed Payment Penalty
Missed Payment Penalty$40
Redraw Activation Fee
Redraw Activation FeeN/A

Loan Profile

Repayment Type
Repayment TypeFixed
Loan Type
Loan TypeSecured
Secured by vehicle
Secured by vehicle
Available to 457 Visa Holders
Available to 457 Visa Holders
View Repayment Schedule

Features Flexibilities

Redraw Facility
Redraw Facility
Extra Repayments
Extra Repayments
Other Benefits
Other Benefits
Other Restrictions
Other Restrictions
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