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Personal Loans for Moving Expenses 2026: Finance Your Relocation

Loans up to $50K · Rates from 6.99% APR · Funding in 24 hours · Soft credit check

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Quick Answer

Yes, you can use a personal loan for moving expenses — moving company, truck rental, security deposits, first/last month rent, travel, and temporary housing. Loans up to $50,000 with rates from 6.99% APR. Total relocation costs can reach $10,000-$20,000. Compare lenders at Money Pup Loans with a soft credit check — zero score impact.

Average Moving Costs 2026

ExpenseLocal MoveLong-DistanceCross-CountryInternational
Moving company$800-$2,500$2,000-$5,000$4,000-$10,000$5,000-$15,000
Truck rental (DIY)$200-$500$800-$2,000$2,000-$4,000N/A
Packing supplies$200-$400$300-$600$400-$800$500-$1,000
Travel (gas/flights/hotels)$50-$200$300-$800$500-$2,000$1,000-$3,000
Security deposit$1,500-$3,000$1,500-$3,000$1,500-$3,000$2,000-$5,000
First month rent$1,200-$2,500$1,200-$2,500$1,500-$3,000$2,000-$4,000
Utility deposits/setup$200-$400$200-$500$300-$600$300-$700
Temporary housing$0-$500$500-$1,500$1,000-$3,000$1,500-$4,000
Total estimated$2,000-$7,000$5,000-$14,000$9,000-$22,000$12,000-$32,000

Best Personal Loan Lenders for Moving — August 2026

LenderAPR RangeMax LoanMin CreditFunding SpeedBest For
🏆 Money Pup LoansVaries$50K580+24-48 hrsMulti-lender matching
LightStream6.99-25.49%$100K680+Same dayLowest rates, large moves
🤖 Upstart7.80-35.99%$50K580+1 business dayFast approval, bad credit OK
💼 SoFi8.99-29.99%$100K680+1-3 daysLarge relocations, no fees
🔓 Avant9.95-35.99%$35K580+1 business dayFair credit, fast funding
Discover7.99-24.99%$40K660+1-3 daysNo fees, reliable
💳 LendingPoint9.99-35.99%$36.5K600+1 business dayFast, flexible
📦

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Moving Loan Payment Examples

Loan AmountAPR24 mo36 mo48 moTotal Interest (36mo)
$5,0008%$226$157$122$638
$5,00012%$235$166$132$986
$10,0008%$452$313$244$1,275
$10,00012%$470$332$263$1,957
$15,0008%$678$470$366$1,913
$20,0008%$905$626$489$2,550

Finance Your Move

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7 Ways to Reduce Moving Costs

🗑️ Declutter before moving

Sell or donate items you do not need. Less stuff = cheaper move. Every box costs money to transport.

📋 Get 3+ moving quotes

Compare quotes from at least 3 moving companies. Prices can vary by 30-50% for the same move.

📅 Move during off-season

Moving in winter (Jan-Mar) or mid-week can save 20-30% vs peak summer/weekend rates.

📦 Pack yourself

DIY packing saves $500-$1,500. Buy boxes from Home Depot/Lowe's instead of from the moving company.

🚢 Use a portable container

PODS, U-Pack, or Zippy Shell are 20-40% cheaper than full-service movers for long-distance moves.

✍️ Negotiate your lease

Ask for reduced or waived security deposit, or first month free. Many landlords negotiate, especially in winter.

🧾 Claim tax deductions

If moving for a job (50+ miles away), some moving expenses may be tax-deductible for active-duty military. Keep all receipts.

💰 Borrow only what you need

Calculate exact costs before borrowing. A smaller loan = lower monthly payment and less total interest.

Frequently Asked Questions

Can I get a personal loan for moving expenses?

Yes. Personal loans can be used for moving expenses including: moving company fees, truck rental, packing supplies, security deposits, first/last month rent, temporary housing, utility deposits, and travel costs. Most lenders do not restrict how you use the funds. Loans from $1,000 to $50,000 with rates from 6.99% APR. The application takes 10 minutes and funding is available in 24-48 hours.

→ Finance your move — soft credit check only, funding in 24-48 hours, no score impact

How much does it cost to move?

Moving costs vary by distance and size. Local moves (under 100 miles) cost $800-$2,500. Long-distance moves (100-1,000 miles) cost $2,000-$7,500. Cross-country moves (1,000+ miles) cost $4,000-$12,000. Additional costs include: security deposit ($1,500-$3,000), first month rent ($1,200-$3,000), utility deposits ($200-$500), packing supplies ($200-$600), and temporary housing ($1,000-$3,000). Total relocation costs can reach $10,000-$20,000.

→ Finance your move — soft credit check only, funding in 24-48 hours, no score impact

How much should I borrow for a move?

Calculate your total moving costs before borrowing. Add up: moving company/truck, packing supplies, travel (gas, flights, hotels), security deposit, first month rent, utility deposits, and 1-2 months of living expenses as a buffer. Most borrowers take $5,000-$15,000 for a relocation. Only borrow what you need — a $10,000 loan at 10% APR for 48 months costs $253/month. Avoid borrowing more than necessary.

→ Finance your move — soft credit check only, funding in 24-48 hours, no score impact

Is a personal loan or credit card better for moving expenses?

For moving expenses under $3,000 that you can pay off quickly, a credit card may work. For moves over $5,000, a personal loan is significantly better: lower APR (7-25% vs 20-29% for credit cards), fixed monthly payment, and defined payoff date. On a $10,000 move, a personal loan at 10% APR saves $5,000+ in interest vs a credit card at 24% APR over 4 years. Compare lenders to find the best rate.

→ Finance your move — soft credit check only, funding in 24-48 hours, no score impact

Can I get a moving loan with bad credit?

Yes. Lenders like Upstart (580+), Avant (580+), and LendingPoint (600+) offer personal loans for moving expenses with bad credit. APRs will be higher (18-36%) but approval is possible. Using a lender marketplace maximizes your chances by sending your application to multiple bad-credit-friendly lenders with one soft credit pull. Consider a co-signer to lower your rate.

→ Finance your move — soft credit check only, funding in 24-48 hours, no score impact

Can I use a personal loan for a security deposit?

Yes. Personal loans can be used for security deposits, first and last month rent, and utility deposits. These upfront costs often total $3,000-$8,000, making a personal loan a practical solution. The lender deposits funds in your account, and you pay your landlord or property manager directly. Some landlords may ask for proof of funds — a loan deposit in your bank account qualifies.

MT

Written by

Michael Thompson

Personal Finance & Relocation Lending Specialist · 18 years experience

Michael helps families and professionals finance relocations without depleting their savings.

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