SoFi Personal Loan
6.99% to 35.49% APR, $5,000 to $100,000, no late fees and funding as soon as the day you sign
Rates verified October 14, 2026Check your rateThe Bottom Line
- APR range
- 6.99%-35.49% (verified Oct 14, 2026). All rates and fees
Key facts
- Loan amount: $5,000-$100,000
- Origination fee: 0%-7%
- Term: 24-84 mo
Pros
- Loans up to $100,000 with terms up to 7 years
- No late fees and no prepayment penalty, per SoFi
- Funds can arrive as soon as the day you sign
- Direct Pay sends money to your credit card lender, and a co-borrower is allowed
Cons
- Minimum loan is $5,000
- An origination fee of up to 7% can be deducted from your proceeds
- The 35.49% ceiling is among the highest on this list
- State restrictions apply and are detailed on a separate page
At a glance
Rates verified October 14, 2026- APR range
- 6.99%-35.49%
- APR basis
- Includes a 0.25% autopay discount and a 0.25% member discount. SoFi states its rate ranges are current as of October 14, 2026.
- Loan amounts
- $5,000-$100,000
- Terms
- 24-84 months
- Origination fee
- 0%-7%. Deducted from the proceeds when charged. SoFi says no origination fee is required.
- Funding speed
- As soon as the same day you sign
- Prepayment penalty
- None
- Rate discounts
- 0.25% autopay discount and 0.25% member discount, both inside the APR range; Direct Pay to credit card lenders
- Soft-pull rate check
- Yes
- Joint applicants
- Allowed
- State restrictions
- State restrictions apply; SoFi details them on its eligibility page.
- Lender
- SoFi Bank, N.A.
- Lender-stated rate date
- October 14, 2026
Source: sofi.com/personal-loans, read October 14, 2026
Read before you apply
- The APR can include an origination fee of up to 7%, deducted from the money you receive. A no-origination-fee option exists, so compare APRs across the options offered.
- The 6.99% floor includes a 0.25% autopay discount and a 0.25% member discount. Without them the rate is higher.
- A 35.49% APR is among the most expensive offers on this list. If your offer lands near it, price other lenders first.
- The minimum loan is $5,000, and SoFi points to a separate page for state restrictions.
Where these numbers come from
Read on the lender's own pages on October 14, 2026. Your offer can differ: the lender sets your APR and fee when you apply.
Is it worth it?
$1,114 to $6,385 in interest and fees on $10,000 over 36 months
To receive $10,000 and repay it over 36 months, the lowest published APR (6.99%) works out to about $309 a month and $1,114 in total interest and fees. At the highest (35.49%) it is about $455 a month and $6,385. The gap between the two is $5,271, so the rate you are actually offered matters more than the headline. Estimated from the published APR range, which already includes any origination fee. The lowest rates are reserved for the best-qualified borrowers.
What is SoFi Personal Loan?
SoFi's personal loan is the big-ticket option on this list: $5,000 to $100,000 with terms of 2 to 7 years. SoFi publishes fixed APRs of 6.99% to 35.49%, stated as current on October 14, 2026, and the range already includes a 0.25% autopay discount and a 0.25% member discount. It says no origination fee is required, though the APR can reflect a fee of 0% to 7% deducted from your proceeds, so the cost depends on the option you pick.
SoFi lists no late fees and no prepayment penalty. Funds can arrive as soon as the day you sign, and a Direct Pay option sends the money straight to your credit card lender when you consolidate. Checking your rate is a soft credit pull; moving ahead means a hard pull. You can apply with a co-borrower, and adding or switching one is, per SoFi, the way around its 30-day wait after a declined application.
The range is wide and the top of it is steep. A 35.49% APR is a very expensive loan, and the lowest rates are reserved for the most creditworthy borrowers. SoFi publishes no minimum credit score and refers to an eligibility page for state restrictions. Its own comparison example uses a 7-year loan at a 15.89% APR, the average APR on its funded 7-year loans from March 2025 to March 2026, which shows how far a typical result sits from the 6.99% floor.
Key details
APR 6.99% to 35.49%Loans from $5,000 to $100,000Terms from 2 to 7 yearsOrigination fee 0% to 7%, with a no-fee optionNo late fees and no prepayment penaltyDirect Pay to credit card lenders
Explore more
SoFi Personal Loan FAQ
What APR does SoFi charge on personal loans?
SoFi states fixed APRs from 6.99% to 35.49%, current as of October 14, 2026. The range reflects a 0.25% autopay discount and a 0.25% member discount, and the lowest rates are reserved for the most creditworthy borrowers.
Does SoFi charge an origination fee?
SoFi says no origination fee is required, and its APR can reflect an origination fee of 0% to 7% that is deducted from your loan proceeds when charged. Compare the APR on each offer, because it includes the fee.
How much can I borrow from SoFi?
From $5,000 to $100,000, with terms of 2 to 7 years. SoFi's average personal loan funded in 2024 was around $33,000.
Does checking my SoFi rate hurt my credit?
No. Checking your rate involves a soft credit pull that does not impact your credit score. If you continue with an application, SoFi requests your full credit report, which is a hard pull.
Source: sofi.com