Loan Rates

We offer fixed rates between 5.99% APR and 24.99% APR.

Loan Amount and Terms

Choose a loan amount between $5,000 and $40,000 and select the term, between 2 and 5 years, that works best for you.

Origination Fee

The origination fee helps us cover the costs on our end. In an effort to be transparent, we don’t hide our origination fee bundled inside your loan. It’s the only fee associated with the Payoff Loan and is charged only once, when your loan is issued. Our Origination Fees range between 0% and 5%

Your repayment terms will depend on your APR and loan term. Example: A loan of $16,000 at 10.99% APR will have a monthly payment of $413 for 48 months.

We’ve Eliminated Common Fees

We don’t like when we’re charged fees that only serve company profits and not people. So we’ve eliminated them at Payoff.

  • No application fees
  • No early or extra payment fees
  • No late fees
  • No check processing fees
  • No returned check fees
  • No annual fees

† Minimum loan amount in NM is $5,100 and in MD is $6,100. Rates depicted are accurate as of January 21, 2022