SoFi

Compare loans

Are you ready to take on that home remodelling project? Apply for a home improvement loan here.
Kukun partnered with few lenders to make the process hassle free.

 
Home
white box
personal loan
home equity loan
Interest Rate

Adjustable - will
change periodically

Fixed – will not change

Fixed – will not change


Monthly Payments

Payment changes when interest
rates change. Monthly interest-only
payments during draw

Fixed for life of loan Full
principal and interest
payments monthly

Fixed for life of loan. Full
principal and interest payments
monthly


Term (length
of loan)

Available terms between 10
years and 30 years

Available terms between
2 years and 7 years

Available terms between 10
years and 30 years


Min & Max
Loan Amount

$5,000 to $500,000

$2,500 to $100,000

$5,000 to $500,000


Borrower
Qualifications

Requires good credit, good
income and low debt-to-income
ratios

Requires excellent
credit, good income and
low debt-to-income
ratios

Requires good credit, good
income, and low debt-to-income
ratios


Closing Costs
and Fees

Lower cost and fees than
conventional and FHA
loans. Depending on LTV, may only
require limited appraisal.
May have balloon payments and
annual maintenance fees

No fees or very low fees.
No appraisal needed. May
have early termination
fee in first 12 months

Lower cost and fees than
conventional and FHA loans.
Depending on LTV, may
only require limited appraisal.
No prepayment fees or balloon
payments


Application,
Timeframe
and Availability

Limited application of 30 days or less.
Available through most banks
and credit unions

Short online application of
3–5 days. Limited
sources

Limited application of 30
days or less. Available
through most banks and credit unions

Interested in starting your remodeling project?