Rates & Fees

Katapult Rates & Fees — Always Transparent

No hidden charges. No bait-and-switch. Here are the exact rates and fees you can expect from KatapultApply.

Current Katapult Loan Rates

Loan TypeAPR RangeLoan AmountTerm
Personal Loan (Excellent Credit)6.99% – 12.99%$1,000 – $50,00012–84 mo
Personal Loan (Good Credit)13.00% – 19.99%$1,000 – $40,00012–60 mo
Personal Loan (Fair Credit)20.00% – 29.99%$1,000 – $25,00012–48 mo
Debt Consolidation7.49% – 24.99%$2,000 – $50,00024–84 mo
Home Improvement7.99% – 22.99%$5,000 – $50,00024–84 mo
Medical Loan8.49% – 25.99%$1,000 – $35,00012–60 mo

📌 Representative Example: A $10,000 loan at 11.99% APR over 36 months = $332.14/month · Total repayment: $11,957.04 · Total interest: $1,957.04

Complete Fee Breakdown

📝
Origination Fee
0% – 5% (deducted from loan proceeds)
🔍
Application Fee
None — always free to apply
🚫
Prepayment Penalty
None — pay off early with zero fees
Late Payment Fee
$15 or 5% of payment (whichever is greater)
🔄
Returned Payment Fee
$15 per returned payment
📄
Annual Fee
None
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