SoFi Blog

Tips and news—
for your financial moves.

Money + Happiness: New Tools For a Happy Life Despite Debt

At SoFi, we have a diverse community of driven members, who look to us for innovative approaches in reaching their financial goals. As educated professionals – many emerging in their careers – our members attend our community events to build their financial knowledge, enhance their careers, and connect with others equally motivated towards success. It’s why we do everything we can to help them grow, network, and have some fun as they navigate through life and their careers. Our latest event at New York University’s elegant Torch Club is a perfect example.

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4 Big Ways to Give Back, While Boosting Your Personal Brand

There’s something pretty great about giving to those around you in need. Getting knee-deep with fellow do-gooders in a cause larger than yourself can score major feel-good vibes. And while giving back to your community is a rewarding and worthwhile pursuit in itself, an added bonus is that investing your time, money, or expertise in your local community can be a powerful way to build relationships and enhance your personal brand. Because you can help others while helping yourself.

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Put a Dent in Your Student Debt: 9 Summer Saving Ideas

Summertime is all about sunshine, much-needed vacation time, and relaxation. It’s also a great time to make significant headway on your student loans.

We know that might sound crazy—after all, there’s nothing fun or relaxing about dealing with student loan debt. But here’s the thing: if you want that debt out of your life ASAP, it won’t help to take a vacation from it. Follow a few summer savings tips now, and you’ll see some satisfying progress by the time winter rolls around.

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Personal Loan – Rates (table only)

Compare Rates and Terms

The following examples depict the APR, monthly payment and total payments during the life of a $30,000 personal loan. All personal loan APR rates below are shown with the Autopay Discount (0.25%)5. Your actual interest rate may be different than the rates in these examples and will be based on term of loan, your financial history and other factors. State restrictions may apply.

Payment Examples

Fixed Rate Loans

Term Origination
Fee
Rate
(APR)
No. of
Payments
Monthly
Payment
Total
Payments
2 Years None 8.74% – 35.49% 24 $1,366.97 – $1,763.32 $32,807.19 – $42,319.74
3 Years None 10.08% – 35.49% 36 $969.14 – $1,365.41 $34,889.14 – $49,154.90
4 Years None 10.93% – 35.49% 48 $774.35 – $1,178.04 $37,168.62 – $56,545.80
5 Years None 12.16% – 35.49% 60 $669.76 – $1,074.14 $40,185.69 – $64,448.26
6 Years None 13.16% – 35.49% 72 $604.76 – $1,011.27 $43,542.68 – $72,811.45
7 Years None 13.49% – 35.49% 84 $553.78 – $971.20 $46,517.72 – $81,581.10

< Back to Personal Loans

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What to Consider When Remodeling on a Budget

Editor’s Note: The following article on home renovation and budgeting originally appeared on our web partner Houzz’s website. Some of the content has been slightly edited from its original version, and is written from the perspective of a home designer.

The budget conversation — it’s sometimes awkward, often slightly uncomfortable and usually comes with a bit of anxiety. Because of the nature of construction, things often cost more than what homeowners think. There are endless debates on why that is, but the result is that we designers often have conversations with our clients that end with an awkward silence. The silence usually means that certain aspects of the project might be out of our clients’ reach. And truth be told, we really don’t like being the messenger in these conversations. We want our clients to be satisfied with the process and get what they really want.

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