Can I use a personal loan for both the egg freezing procedure and the medications?

Yes, absolutely. A personal loan for egg freezing is highly flexible. Once the funds are deposited into your account, you can use them to pay for all related expenses, including the costly fertility medications, clinic fees, anesthesia, and initial storage costs. This consolidation is a primary benefit of using a personal loan over other financing types.

How much money should I borrow for egg freezing?

The ideal loan amount is the total estimated cost of your entire cycle, plus a small buffer (5-10%) for unexpected expenses. Request a detailed, itemized cost sheet from your fertility clinic. Add up the costs for consultations, medications, the retrieval procedure, and the first year of storage to arrive at your target loan amount. Borrowing the full amount at once is more efficient than trying to secure additional financing later.

Does checking my rate for an egg freezing loan hurt my credit score?

No. When you check your rate through our platform, lenders perform a 'soft' credit inquiry. This does not impact your credit score and is not visible to other lenders. A 'hard' credit inquiry, which can temporarily lower your score by a few points, is only performed when you officially apply for and accept a loan offer.

What if I need a second egg freezing cycle? Can I get another loan?

It is possible to get a second personal loan, but it depends on your financial situation at the time. Lenders will re-evaluate your credit score, income, and existing debt. If you anticipate needing more than one cycle, it may be prudent to borrow a larger amount upfront, if your credit and income support it, to cover both procedures.

How quickly can I get the funds for my procedure?

The funding process is typically very fast. After selecting a loan offer and completing the final application, most lenders can deposit the funds directly into your bank account within 1 to 3 business days. This speed is crucial for time-sensitive medical procedures like egg freezing.

Can I include the cost of annual egg storage fees in the loan?

You can typically include the first year's storage fee in your initial loan amount, as it's often billed at the time of the procedure. However, for subsequent annual fees, it's best to plan for these as a recurring out-of-pocket expense rather than relying on financing, as they are a long-term cost.

Egg Freezing Financing Options

Secure the funds you need for oocyte cryopreservation, from the initial procedure to long-term storage, with a straightforward personal loan.

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Financing a choice for your future shouldn't be another source of stress.

The high upfront cost of egg freezing can feel like a major barrier.
A personal loan provides the full amount upfront, so you can proceed with your cycle without delay.
Insurance rarely covers elective fertility preservation, leaving you with the entire bill.
Our lending partners offer unsecured personal loans that can be used for any medical expense, regardless of insurance coverage.
Clinic financing plans can be restrictive and sometimes carry high, deferred interest rates.
A personal loan offers a fixed interest rate and a clear repayment schedule, giving you predictable monthly payments.
The pressure to decide quickly can be overwhelming when you're also trying to figure out the finances.
Checking your rate is fast, free, and won't impact your credit score, giving you financial clarity to make an informed decision.

How Personal Loans Make Egg Freezing More Accessible

Choosing to freeze your eggs is a significant investment in your future. While the cost can be substantial, a personal loan for egg freezing offers a practical way to manage the expense. Unlike a credit card that might have a high variable interest rate, a personal loan provides a single lump sum of cash with a fixed interest rate and a set repayment term. This means you'll have a predictable monthly payment that fits your budget, allowing you to focus on the procedure itself rather than financial uncertainty.

This type of financing is specifically designed for flexibility. The funds can cover the entire oocyte cryopreservation process, from the initial consultations and fertility medications to the egg retrieval procedure and even the first year of storage fees. Because it's an unsecured loan, you don't need to provide any collateral like a car or house. Approval is based on factors like your credit history and income, making it an accessible option for many individuals planning for their reproductive future.

Your Path to Financing in 3 Simple Steps

1
Check Your Rate
Fill out our short form with some basic information. This takes about two minutes and will not affect your credit score.
2
Compare Your Offers
If you pre-qualify, you'll see personalized loan offers from our network of lenders. Compare APRs, terms, and monthly payments.
3
Get Your Funds
Once you select an offer and are fully approved, the funds are typically deposited directly into your bank account, often as soon as the next business day.

Understanding the Total Cost of Egg Freezing

Initial Consultations & Monitoring Varies by clinic	$1,000 - $3,000
Ovarian Stimulation Medication 10-14 day regimen	$3,000 - $8,000
Egg Retrieval Procedure & Anesthesia One-time surgical fee	$4,000 - $10,000
Annual Storage Fees Per year, after the first	$500 - $1,000

Estimated monthly

~$334/mo

Based on a $15,000 loan with a 5-year term and 12% APR. Your actual rate and payment will vary.

The total cost for a single egg freezing cycle can range from $8,000 to over $20,000, depending on your clinic, location, and individual medication needs. It's crucial to get a detailed cost estimate from your fertility clinic to determine the precise loan amount you'll require. Remember to factor in potential additional costs, like genetic testing or the possibility of needing a second cycle to achieve your desired number of frozen eggs.

See What Your Monthly Payment Could Be

Get a personalized rate estimate in minutes without any commitment or impact on your credit score.

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Typical Loan Terms for Fertility Preservation

Loan amount: $5,000 – $35,000
APR: 7.99% – 35.99%
Term: 24 mo – 84 mo

Your actual APR depends on credit score, loan amount, term, and credit history. Not all applicants will qualify for the lowest rates.

The terms of your loan offer significant flexibility. A shorter term, such as 24 or 36 months, will result in a higher monthly payment but lower total interest paid over the life of the loan. Conversely, a longer term of 60 or 84 months will lower your monthly payment, making it more manageable, though you will pay more in interest over time. Choosing the right term is about balancing what you can comfortably afford each month with your goal of paying off the loan efficiently.

Financing Options for Egg Freezing

	Personal Loan	Credit Cards	Clinic Payment Plan
Interest Rate	Fixed, 8-35.99%	Variable, 20-30%+	Varies, may have 0% intro
Funding	Lump sum to your bank	Pay clinic directly	Internal clinic billing
Repayment Term	Fixed term (2-7 years)	Flexible, minimum payment	Fixed, often shorter term
Best For	Predictable payments, covering all costs	Small gaps in funding, rewards points	Convenience, if terms are favorable

What Lenders Look for to Approve Your Loan

Good to Excellent Credit: A credit score of 640 or higher is typically needed, with the best rates reserved for scores above 720.
Verifiable Income: Lenders need to see that you have a steady source of income to comfortably make your monthly payments.
Low Debt-to-Income (DTI) Ratio: Your total monthly debt payments (including the new loan) should ideally be less than 40% of your gross monthly income.
Positive Credit History: A history of on-time payments and responsible credit management shows lenders you are a reliable borrower.

If your credit profile is still developing, you might consider applying with a creditworthy co-signer to improve your chances of approval and secure a lower interest rate.

Find Out What You Qualify For

It's fast, free, and provides a clear picture of your financing options.

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Key Considerations Before You Borrow

Taking on a loan for fertility preservation is a major financial decision. To ensure a smooth process, keep these points in mind:

Account for All Costs: Your loan should cover more than just the retrieval. Factor in medications, consultations, and at least the first year of storage. It's better to borrow slightly more than you think you need than to come up short.
Plan for the Future: Remember that egg storage has an ongoing annual fee. While your loan might cover the first year, be sure to budget for this recurring cost in the future.
Read the Fine Print: Before accepting any loan offer, make sure you understand the APR, any origination fees, and the penalties for late payments. A lower APR with a high origination fee might be more expensive than a slightly higher APR with no fee.
Avoid Prepayment Penalties: Ensure the loan you choose does not have penalties for paying it off early. This gives you the flexibility to pay it down faster if your financial situation improves.

Frequently Asked Questions About Egg Freezing Loans

Can I use a personal loan for both the egg freezing procedure and the medications?
Yes, absolutely. A personal loan for egg freezing is highly flexible. Once the funds are deposited into your account, you can use them to pay for all related expenses, including the costly fertility medications, clinic fees, anesthesia, and initial storage costs. This consolidation is a primary benefit of using a personal loan over other financing types.
How much money should I borrow for egg freezing?
The ideal loan amount is the total estimated cost of your entire cycle, plus a small buffer (5-10%) for unexpected expenses. Request a detailed, itemized cost sheet from your fertility clinic. Add up the costs for consultations, medications, the retrieval procedure, and the first year of storage to arrive at your target loan amount. Borrowing the full amount at once is more efficient than trying to secure additional financing later.
Does checking my rate for an egg freezing loan hurt my credit score?
No. When you check your rate through our platform, lenders perform a 'soft' credit inquiry. This does not impact your credit score and is not visible to other lenders. A 'hard' credit inquiry, which can temporarily lower your score by a few points, is only performed when you officially apply for and accept a loan offer.
What if I need a second egg freezing cycle? Can I get another loan?
It is possible to get a second personal loan, but it depends on your financial situation at the time. Lenders will re-evaluate your credit score, income, and existing debt. If you anticipate needing more than one cycle, it may be prudent to borrow a larger amount upfront, if your credit and income support it, to cover both procedures.
How quickly can I get the funds for my procedure?
The funding process is typically very fast. After selecting a loan offer and completing the final application, most lenders can deposit the funds directly into your bank account within 1 to 3 business days. This speed is crucial for time-sensitive medical procedures like egg freezing.
Can I include the cost of annual egg storage fees in the loan?
You can typically include the first year's storage fee in your initial loan amount, as it's often billed at the time of the procedure. However, for subsequent annual fees, it's best to plan for these as a recurring out-of-pocket expense rather than relying on financing, as they are a long-term cost.

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Personal loan disclosure

Money Savvy is not a lender. We are a marketing service that connects consumers with participating lenders. Rates, amounts, and terms vary by lender, your credit history, and other factors.

Loan amounts: $1,000 – $100,000
Repayment terms: 3 – 84 months
Min APR: 5.99%
Max APR: 35.99%
Origination fees: 0% – 10% of the loan amount
Late fees: May apply; vary by lender

Representative example: A $10,000 loan with a 36-month term at an 18.99% APR would have an approximate monthly payment of $366.39 and a total cost of $13,190.04, including interest and a $500 origination fee.

Your actual APR depends on your credit score, income, and other factors. Only borrow what you can afford to repay.

California residents: California Financing Law disclosures available upon request.