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Baby Expenses

Personal Loans To Help With A New Baby

Becoming a parent generally comes with thrills, happiness, sleepless nights, and extra costs. Many times, in order to afford a newborn and ongoing expenses, necessities end up on a credit card, which may not be the best solution. A New Baby Loan from First Source can help.

Young mother with baby in arms.

As with most life milestones, preparing financially is helpful. Whether you need to pay for baby gear, or supplement maternity leave, our team is ready to assist with financing options. A new baby brings much joy! It goes fast though and we want you to soak up every moment. Let us handle helping you afford these new moments.

Already planning for their future? Consider setting up a youth savings account for the newest addition to your family.

Common New Baby Expenses 

  • Diapers 

  • Formula

  • Clothing

  • Blankets

  • Crib and mattress, pillows, blankets, sheets

  • Baby carrier, stroller, car seat

  • Pack ‘n play

  • High chair

  • Bottles, bottle warmer, sterilizer dryer

  • Baby monitor

  • Diaper bag

Other Considerations 

For couples struggling with infertility, the high cost of treatment can make the dream of having children seem impossible. If your health insurance doesn’t offer coverage for infertility diagnosis and treatment, then a low rate New Baby Loan or Health Improvement Loan could be an option.

Parent Smarter

We look forward to helping you afford your growing family.


If you’re not ready to apply for a New Baby Loan, and have questions, we are here to help. Call 315-735-8571 to talk about your options or make an appointment with one of our friendly and knowledgeable representatives today.

Interested In Learning More?

To see the most common uses for a personal loan, visit our Personal Use Loan Options overview page.

Let’s Get Started

We look forward to helping you.

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Not sure which term is right for you?

Check out our helpful loan comparison calculator.

New Baby Loan Comparison Calculator

Want a rough idea?

Check today’s personal loan rates effective April 14, 2024

Term APR
12 Month as low as 9.74%
24 Month as low as 9.74%
36 Month as low as 10.24%
48 Month as low as 10.24%
60 Month as low as 10.24%

Apply for a Personal Loan Now

Loan rates and terms are determined by overall credit history and are subject to change without notice. Applications are subject to credit approval.

Monthly payments for a 5 year personal loan at 10.24% would be $21.36 per $1,000 borrowed.

Membership and credit requirements apply. Rates and terms determined by overall credit history and subject to change.