SoFi Student Loan vs. PenFed Student Loan Refinance

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

SoFi Student Loan

SoFi

4.5

APR 4.49–14.70%. No fees. Member benefits included.

Full review →

PenFed Student Loan Refinance

PenFed

4.3

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

Full review →

WealthSpott Verdict

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

Feature

SoFi Student Loan

PenFed Student Loan

APR Range

4.49% – 14.70% Best

5.49% – 9.99%

Loan Amount

From $1,000

$7,500 – $300,000 Best

Term Length

60–180 months

60–240 months

Origination Fee

None

Min Credit Score

650+ Best

670+

Funding Speed

—

3–4 weeks

SoFi Student Loan

Pros

Competitive rates
Competitive rates
No fees
No fees
Member benefits
Member benefits

Cons

Requires cosigner for most
Requires cosigner for most
Good credit needed
Good credit needed

Full review

PenFed Student Loan Refinance

Full review

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