$35,000 Loan: Find the Best in 2025
— Comparison updated Jun 2025
- Compare several $35,000 loan offers
- Find the best one for your needs
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All unsecured personal loans through Upstart offer a fixed rate and range between 6.6% - 35.99% APR based on 5-year rates offered in March 2025. The lowest rates are only available to the most qualified applicants. Your APR will be determined based on your credit, income, and certain other information provided in your loan application. Not all applicants will be approved.
Looking for a $35,000 loan? You're in the right place. This comprehensive guide will help you navigate the world of personal loans, comparing top lenders and providing crucial information to help you make an informed decision.
Let's dive into our top loan options for 2025
Remember, the best loan for you depends on your unique financial situation and goals. We encourage you to compare multiple options before making a decision.
To help you in your search, we've compiled a comprehensive loan comparison table:
Ready to explore your options? Use our LoanFinder™ tool to compare personalized loan offers from multiple lenders in minutes.
In-Depth Analysis of $35,000 Loan Top Options
Let's take a closer look at our top three lenders for $35,000 loans: 5KFunds, Upstart, and Upgrade. Each offer unique features that cater to different borrower needs.
5KFunds is a loan marketplace that connects borrowers with multiple lenders, offering a range of loan options to suit various financial needs and credit profiles.
How Much Would a $35,000 Loan With 5KFunds Cost?
Here's an example of potential costs for a $35,000 loan from 5KFunds, assuming the minimum APR of 5.99% and a 1% origination fee:
| 5KFunds: $35,000 Loan | Origination Fee (1%) | Monthly Payment (APR 5.99%) | Total Payment |
|---|---|---|---|
| 12 months | $350 | $3,031.67 | $36,730.04 |
| 24 months | $350 | $1,553.33 | $37,629.92 |
| 36 months | $350 | $1,062.78 | $38,610.08 |
| 48 months | $350 | $817.08 | $39,569.84 |
Remember, taking out a loan is a significant financial decision that comes with risks. This table is just an example, and your actual loan offer may vary based on your financial situation and creditworthiness.
Upstart is an online lender that uses artificial intelligence and machine learning to assess borrower creditworthiness, considering factors beyond traditional credit scores.
How Much Would a $35,000 Loan With Upstart Cost?
Let's look at a potential cost breakdown for a $35,000 loan from Upstart, assuming the minimum APR of 7.80% and a 3% origination fee:
| Upstart: $35,000 Loan | Origination Fee (3%) | Monthly Payment (APR 7.80%) | Total Payment |
|---|---|---|---|
| 12 months | $1,050 | $3,082.50 | $38,040.00 |
| 24 months | $1,050 | $1,582.92 | $39,040.08 |
| 36 months | $1,050 | $1,090.83 | $40,319.88 |
| 48 months | $1,050 | $844.17 | $41,570.16 |
It's important to take note that this table only provides an estimate. Your loan terms may differ based on your financial profile and Upstart's assessment.
Upgrade is an online lender offering personal loans, credit monitoring, and educational tools to help borrowers improve their financial health.
How Much Would a $35,000 Loan With Upgrade Cost?
Here's an example of potential costs for a $35,000 loan from Upgrade, assuming the minimum APR of 9.99% and a 5% origination fee:
| Upgrade: $35,000 Loan | Origination Fee (5%) | Monthly Payment (APR 9.99%) | Total Payment |
|---|---|---|---|
| 12 months | $1,750 | $3,141.67 | $39,450.04 |
| 24 months | $1,750 | $1,618.33 | $40,589.92 |
| 36 months | $1,750 | $1,124.17 | $42,220.12 |
| 48 months | $1,750 | $876.25 | $43,860.00 |
Remember that taking out a loan is a serious financial commitment. This table provides an estimate, and your actual loan terms may vary based on your creditworthiness and other factors.
How To Get a $35,000 Loan
In this part, we'll explore the typical requirements for a $35,000 loan, what to consider before applying, and the application process itself.
What to Consider Before Applying for a $35,000 Loan
Before you apply, take these factors into account:
Interest rates: Compare APRs from multiple lenders to find the best deal
Loan terms: Choose a repayment period that fits your budget
Fees: Consider origination fees, late payment fees, and prepayment penalties
Total cost of the loan: Calculate the total amount you'll repay over the life of the loan
Impact on credit score: Multiple hard inquiries can temporarily lower your score
Alternatives: Consider if there are other options to meet your financial needs
How To Apply for a $35,000 Loan
Consider this before applying
Before submitting your application, ensure you have a solid plan for repaying the loan. Consider setting up a meeting with a financial advisor if you're unsure about the impact of the loan on your current financial standing.
Alternatives to a $35,000 Personal Loan
Consider these alternatives before committing to a personal loan:
Home equity loan or HELOC (for homeowners)
401(k) loan (if available through your employer)
Credit card balance transfer (for debt consolidation)
Peer-to-peer lending platforms
Borrowing from family or friends
Saving up and delaying your purchase or project
What To Do Now
Finding the right $35,000 loan requires careful consideration and comparison of multiple options. Use our LoanFinder™ tool to explore personalized loan offers from various lenders. Remember, this guide is for informational purposes only, and it's always wise to consult a financial advisor before taking on significant debt.
Disclosures
1. Your loan amount will be determined based on your credit, income, and certain otherinformation provided in your loan application. Not all applicants will qualify for the fullamount. Minimum loan amounts vary by state: GA ($3,100), HI ($2,100), MA ($7,000).
2. Although educational information is collected as part of Upstart's rate check process,neither Upstart nor its bank partners have a minimum educational attainmentrequirement in order to be eligible for a loan
3. The full range of available rates varies by state. A representative example of paymentterms for an unsecured Personal Loan is as follows: a borrower receives a loan of$10,000 for a term of 60 months, with an interest rate of 18.60% and a 8.51%origination fee of $851, for an APR of 23.07%. In this example, the borrower will receive$9149 and will make 60 monthly payments of $258. APR is calculated based on 5-yearrates offered in December 2024. There is no downpayment and no prepayment penalty.Your APR will be determined based on your credit, income, and certain otherinformation provided in your loan application. Not all applicants will be approved.
4. If you accept your loan by 5pm EST (not including weekends or holidays), you willreceive your funds the next business day. When the funds will be available to you willdepend on your bank’s transaction processing time and policies.
5. While most loans through Upstart are unsecured, certain lenders may place a lien onother accounts you hold with the same institution. There may be an option to secureyour personal loan through Upstart with your vehicle, which will require a lien to beplaced on the vehicle. It is important to review your promissory note for these detailsbefore accepting your loan.
6. When you check your rate, we check your credit report. This initial (soft) inquiry will notaffect your credit score. If you accept your rate and proceed with your application, wedo another (hard) credit inquiry that will impact your credit score. If you take out a loan,repayment information may be reported to the credit bureaus.
FAQs
What credit score do I need for a $35,000 loan?
While requirements vary by lender, a credit score of 660 or higher typically offers the best rates. However, some lenders may approve loans for scores as low as 580.
How long does it take to get approved for a $35,000 loan?
Many online lenders offer same-day approval decisions. However, funding times can range from one to five business days, depending on the lender and your bank.
Can I use a $35,000 loan for any purpose?
Most personal loans can be used for various purposes, including debt consolidation, home improvements, or major purchases. However, some lenders may have restrictions, so it's best to check with your chosen lender.
What happens if I can't repay my $35,000 loan?
Failing to repay your loan can result in late fees, damage to your credit score, and potential legal action. If you're struggling to make payments, contact your lender immediately to discuss potential options.
Are there any alternatives to traditional $35,000 loans?
Yes, alternatives include home equity loans, 401(k) loans, peer-to-peer lending, and borrowing from family or friends. Each option has its own pros and cons, so carefully consider your choices.
How does a $35,000 loan affect my credit score?
Initially, applying for a loan may cause a small, temporary dip in your credit score due to the hard inquiry. However, making timely payments on your loan can positively impact your credit score over time.
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