Possible Loan Calculator
See the exact fee, total cost, APR, and 4-payment schedule before you apply. Updated with June 2026 fee schedules across all 34 states where Possible Finance operates.
Your loan details
Your estimated cost
How that $300 compares to alternatives
Total cost to borrow the same amount from different sources.
Bars show relative total cost to borrow the selected amount. EarnIn = tip-optional. PAL = 2-month term at 28% APR. OppLoans = 12-month term, changes significantly with term length.
How this calculator works
The calculator uses Possible Finance's per-$100 fee rate for your state, derived from app disclosures, state regulatory filings, and third-party borrower reports. The APR is calculated using the standard actuarial formula required by the federal Truth in Lending Act (TILA): it converts the flat fee into an annualized rate based on the 56-day (8-week) loan term.
For states where Possible doesn't hold a direct license, the fee structure shown reflects rates typical for Coastal Community Bank partnership loans. These can differ slightly from directly-licensed states. When in doubt, the authoritative source is the loan disclosure inside the Possible Finance app.
State fee rates used in this calculator
| State | Fee per $100 | Approx APR | Max loan |
|---|---|---|---|
| Washington (WA) | $10.00 | ~65% | $600 |
| California (CA) | $15.50 | ~98% | $500 |
| Ohio (OH) | $15.00 | ~95% | $600 |
| Hawaii (HI) | $15.00 | ~95% | $500 |
| Florida (FL) | $20.00 | ~122% | $600 |
| Nevada (NV) | $20.00 | ~122% | $500 |
| Idaho (ID) | $20.00 | ~122% | $600 |
| Alaska (AK) | $20.00 | ~122% | $600 |
| Utah (UT) | $22.00 | ~140% | $600 |
| Texas (TX) | $25.00 | ~163% | $600 |
| All other available states | $20.00 (typical) | ~122% | $500–$600 |
Source: Possible Finance app disclosures, state regulatory filings, borrower-reported data via Trustpilot and BBB (June 2026). Rates subject to change.
Calculator FAQ
How does the calculator compute APR?
We use the standard actuarial APR formula required by the Truth in Lending Act: APR = (Fee ÷ Principal) × (365 ÷ Term in days). For an 8-week (56-day) loan, this is (Fee ÷ Principal) × (365 ÷ 56). This is the same formula Possible Finance is legally required to disclose before you accept any loan offer.
Are the fee rates accurate?
The rates are based on publicly available Possible Finance disclosures, state regulatory filings, and aggregated borrower data from Trustpilot, BBB, and third-party forums as of June 2026. We update these rates whenever Possible Finance announces changes. The authoritative source is always the TILA disclosure inside the Possible Finance app before you accept a loan.
Why is my state not available?
Possible Finance's Loan product is not available in 16 states (CO, CT, GA, IL, MA, MD, ME, MN, ND, NJ, NM, NY, PA, SD, WI, WV) due to state lending regulations. The Possible Advance (subscription cash advance) may be available in some of these states. See our state availability guide for details and alternatives.
Does the calculator include the instant funding fee?
Yes — select "Instant to debit card" from the funding method dropdown to add the typical instant-funding fee ($9 estimate) to your total. This fee is charged upfront by deducting it from the disbursed amount; you still repay the full loan amount plus the loan fee across 4 payments.
What's the maximum I can borrow with Possible Finance?
The standard maximum is $500. In seven states (AK, CA, FL, ID, OH, TX, WA, UT), the maximum is $600. Possible's algorithm may approve you for less than the maximum depending on your income history and account activity. See our how much can you borrow guide for more detail.