IVF Loans: Financing Programs And Payment Plans Available


In vitro fertilization is an expensive procedure that costs anywhere from $10,000 to $15,000, on average. Some health insurance providers cover all or part of the cost of the procedure. However, many plans do not cover assisted reproduction at all since it’s not considered essential healthcare. Fortunately, there are several financing programs, payment plans, and IVF loans available to assist with these costs.

With financing, many people who could not otherwise afford such high out-of-pocket expenses can still choose in vitro fertilization. For many, this could mean the difference between starting a family and not.

What Is IVF?

IVF stands for in vitro fertilization. This is a complex fertility treatment that helps people become pregnant through assisted reproductive technology. It is most effective in those who are under the age of 35.

People typically choose IVF to help them conceive a child due to reasons such as:

  • Fertility issues (ex. low sperm count or advanced maternal age)
  • Desire to avoid passing on a genetic health condition
  • Starting a family with someone of the same sex
  • Interest in having a child without a partner

The procedure works by taking a mature egg and fertilizing it in a lab. A few days later, the fertilized egg is put inside a uterus. The entire process can take several weeks or so from beginning to end. This includes everything from the initial consultation to removing the egg to testing for pregnancy.

Since IVF is expensive, many patients turn to different forms of financing to pay for it. The most common financing options are:

  • IVF grants
  • HELOC (home equity line of credit)
  • Personal loan (from a bank, credit union, or online lender)
  • Fertility specialist loans or IVF loans
  • Low-interest credit card

Why does IVF cost so much?

The main reason why in vitro fertilization costs so much is the complexity of the procedure. Common fees associated with the overall cost include:

  • Initial consultations
  • Genetic and diagnostic testing
  • Surgical procedures (ex. sperm or egg extraction)
  • Prescription medications
  • Anesthesia
  • Geographic location (IVF tends to cost more in bigger cities)

IVF typically costs $10,000 to $15,000 per treatment session. This does not include any additional fees not covered by insurance. Some clinics charge up to $25,000 for the entire procedure, including medications and testing. Medication alone can cost around $4,000, depending on type and dosage.

Many people have to undergo two to six rounds of treatment before they’re successful, which can radically increase the cost. Even if they can afford the first round on their own, they may need financing to help cover additional ones.

Certain states, including Texas and California, have laws that require health insurance providers to cover IVF. However, the health plan may not cover everything related to the procedure, such as specific treatments or medications.

Before choosing IVF, consider the total costs and make a financial plan. Certain options, such as IVF loans, infertility loans, or grants, can make the procedure much more affordable. Try to prepare as much as possible for the best results.

How to Pay for In Vitro Fertilization (IVF)

When it comes to IVF financing, there are several options, including:

  • IVF loan: This is a personal loan that can cover the costs of IVF treatments. These loans are usually available through online lenders and those specializing in financing fertility treatments and procedures. Some lenders, such as CapexMD, also offer IVF loans with bad credit.
  • Personal loan: Personal loans can help with the IVF process and other medical needs. They are ideal for those who need funding quickly and have good credit or better (670+ FICO score). The APR typically ranges from around 6% to 36%. Terms are usually up to 7 years and require monthly payments. Many online lenders, banks, and credit unions offer these loans.
  • Fertility specialist loans: These infertility loans are usually available throu