Fixed-rate personal loan from SoFi Bank.
SoFi Personal Loan
SoFi ·
- APR
- 6.99% to 35.49%
- Loan amount
- $5,000 to $100,000
- Term
- 24 to 84 months
- Origination fee
- none
Borrowers who want large loan amounts, fast funding and no fees
- No origination, prepayment or late fees
- Funds as soon as the same day the loan is approved
- Loan amounts from $5,000 to $100,000
- The lowest advertised rates include autopay and member rate discounts
Our verdict
SoFi Personal Loan scores 4.9 out of 5 (97.3 of 100 points) in our method, which ranks it #2 of 10 verified personal loans we compare. Best for: borrowers who want large loan amounts, fast funding and no fees.
Key terms
| APR | 6.99% to 35.49% |
|---|---|
| Loan amount | $5,000 to $100,000 |
| Term | 24 to 84 months |
| Origination fee | none |
| Terms verified | 11/03/2026 |
Pros and cons
Pros
- No origination, prepayment or late fees
- Funds as soon as the same day the loan is approved
- Loan amounts from $5,000 to $100,000
Cons
- The lowest advertised rates include autopay and member rate discounts
Who it is for
- A good fit: Borrowers who want large loan amounts, fast funding and no fees.
- Look at other options if any of these is a dealbreaker: the lowest advertised rates include autopay and member rate discounts.
How it compares
| Loan | APR | Loan amount | Term | Origination fee | Our rating |
|---|---|---|---|---|---|
| Wells Fargo Personal Loan | from 6.74% | $3,000 to $100,000 | 12 to 84 months | none | 5.0 |
| SoFi Personal Loan | 6.99% to 35.49% | $5,000 to $100,000 | 24 to 84 months | none | 4.9 |
| Discover Personal Loan | 6.99% to 24.99% | $2,500 to $40,000 | 36 to 84 months | none | 4.6 |
| Upstart Personal Loan | 6.30% to 35.99% | $1,000 to $75,000 | 36 to 60 months | — | 4.5 |
| Citi Personal Loan | from 10.24% | $2,000 to $30,000 | — | none | 4.2 |
| OneMain Financial Personal Loan | 11.99% to 35.99% | $1,500 to $35,000 | 24 to 60 months | — | 4.1 |
| Upgrade Personal Loan | 7.74% to 35.99% | $1,000 to $50,000 | 24 to 84 months | up to 9.99% | 3.6 |
| Prosper Personal Loan | 8.99% to 35.99% | $2,000 to $50,000 | 24 to 72 months | up to 9.99% | 3.5 |
| Best Egg Personal Loan | 6.99% to 35.99% | $2,000 to $50,000 | 36 to 60 months | up to 9.99% | 3.4 |
| Avant Personal Loan | 9.95% to 35.99% | $2,000 to $35,000 | 24 to 60 months | up to 9.99% | 3.2 |
See it in our full comparison: Personal Loans: Lenders Compared.
How we scored it
The score uses only the loan’s published terms. Whether a provider pays us, or whether we have any agreement with it, plays no part. Read the full method.
| Part | Weight | This loan |
|---|---|---|
| APR | 35 | 97 / 100 |
| Origination fee | 20 | 100 / 100 |
| Amounts and terms | 15 | 92 / 100 |
| Funding speed | 10 | 100 / 100 |
| Soft-check prequalification | 10 | 100 / 100 |
| Credit requirement | 10 | not scored |
Frequently asked questions
What is the APR on the SoFi Personal Loan?
SoFi advertises an APR of 6.99% to 35.49% (verified 11/03/2026). The rate you are offered depends on your credit and the loan you choose, and the lowest rates usually go to the strongest applicants.
Does the SoFi Personal Loan have an origination fee?
SoFi states that it charges no origination fee (verified 11/03/2026).
Does checking my rate affect my credit score?
SoFi says that checking your rate does not affect your credit score. Read its terms for what happens when you accept an offer.
How fast can I get the money from SoFi?
SoFi says funds can arrive as soon as the same day after approval or signing. Timing depends on your bank and on verification.
What could a $10,000 loan cost per month?
At the lowest advertised APR (6.99%) over 36 months, the payment on $10,000 would be about $309 a month, or $11,114 in total. This treats the APR as the interest rate, so your real payment will differ with your offer and any origination fee. Use the loan calculator for your own numbers.
Sources
- SoFi product page, read 11/03/2026
Terms change; confirm them on the provider’s site. Not financial advice.