SoFi Auto Loan vs. PenFed Student Loan Refinance

Side-by-side comparison · Updated 2026 · Independently reviewed

SoFi Auto Loan

SoFi

4.5

APR 5.99–17.99%. Purchase or refinance. No fees.

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PenFed Student Loan Refinance

PenFed

4.3

APR 5.49–9.99%. Up to $300K. Credit union rates.

Full review →

WealthSpott Verdict

PenFed Student Loan Refinance wins on more measurable categories — particularly on rate and cost. SoFi Auto Loan may still be the right fit depending on your loan amount and term needs.

Feature

SoFi Auto Loan

PenFed Student Loan

APR Range

5.99% – 17.99%

5.49% – 9.99% Best

Loan Amount

$5,000 – $100,000

$7,500 – $300,000 Best

Term Length

24–84 months

60–240 months

Origination Fee

None

Min Credit Score

680+

670+ Best

Funding Speed

A few days

3–4 weeks

SoFi Auto Loan

Pros

Purchase and refinance available
Purchase and refinance available
No fees
No fees
Member benefits
Member benefits

Cons

Good credit needed
Good credit needed
Online only
Online only

Full review

PenFed Student Loan Refinance

Full review

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