Personal Loans by Amount

How Loan Amount Affects Your Rate and Terms

Smaller loans — like a $300 or $500 loan — are usually approved faster and require less documentation, but they're repaid over a shorter window, which can mean a higher effective APR on paper even though the total interest paid is small in dollar terms. Larger loans, from $2,500 up to $5,000, spread repayment over more months, which lowers the monthly payment but increases the total interest paid over the life of the loan.

The right amount is the smallest one that actually covers what you need — borrowing more than necessary just to get a longer term usually costs more overall. Pick an amount below to see rates, eligibility, and repayment examples specific to that size.