Mukilteo at a glance
- Population: 21,011 (US Census Bureau, Vintage 2023 subcounty estimate), the 55th-largest of 281 places in Washington.
- 2020 Census base: 21,535 people (US Census Bureau, 2020 Census count).
- 2020 to 2023 change: population fell about 2.4% (US Census Bureau Vintage 2023 estimate vs 2020 Census).
- Rank among Washington places: 55th of 281 by population (US Census Bureau, Vintage 2023).
- Size percentile: larger than about 80% of the Census places in Washington (US Census Bureau).
- Coordinates: latitude 47.9130, longitude -122.3022 (US Census Bureau Gazetteer).
- Nearest larger cities (120-mile radius): Lynnwood, WA (6 mi); Everett, WA (6 mi); Edmonds, WA (7 mi); Mountlake Terrace, WA (8 mi); Bothell, WA (11 mi) (US Census Bureau).
- Smaller places nearby: Mill Creek, WA (5 mi); Brier, WA (8 mi); Woodway, WA (10 mi), per US Census Bureau estimates.
What a personal loan costs in Mukilteo
Unlike a revolving credit card, a personal loan is closed-end: the balance falls on a fixed schedule and the payment does not change.
The advertised interest rate leaves out fees that the APR captures, which is why APR is the number to weigh; try the personal loan calculator before you apply.
Because interest accrues for longer, a longer term means a lower installment and a higher total cost — decide which matters more to you.
If you are consolidating debt, the loan only helps if you stop adding to the balances it clears; otherwise the total debt grows.
Washington lending rules that apply in Mukilteo
Read the table as the compliance picture for a lender serving Mukilteo: label, sourced figure, publisher and date.
| Rule | Detail | Source |
|---|---|---|
| State lending regulator | Washington State Department of Financial Institutions (DFI) Source says: DFI licenses and regulates financial institutions and service providers in Washington. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
| Maximum legal interest rate (usury cap) | 12% per annum, or four points above the Federal Reserve bill rate, whichever is higher (RCW 19.52.020) Source says: any rate of interest shall be legal so long as the rate of interest does not exceed the higher of: (a) Twelve percent per annum | Washington State Legislature (RCW) as of 2026-09-16 |
| Payday lending status | Licensed; small loans capped at $700 or 30% of monthly income, max 45 days, fees 15% on first $500 and 10% above (RCW 31.45) Source says: Payday lenders must be licensed by DFI — including online lenders that do business with Washington residents. | Washington State Department of Financial Institutions (DFI) as of 2026-09-16 |
| Small-loan / installment lender licensing | Consumer Loan Company license required (Consumer Loan Act, RCW 31.04.035) Source says: No person may engage in any activity subject to this chapter without first obtaining and maintaining a license in accordance with this chapter. | Washington State Legislature (RCW) as of 2026-09-16 |
How to compare offers in Mukilteo
Before you commit to a personal loan in Mukilteo, work through these steps:
- Pull your free credit reports and dispute any error — it is the cheapest way to improve the rate you are offered.
- Run your figures through the personal loan calculator on this site so you know the payment before a lender quotes one.
- Pre-qualify with at least three lenders and compare the APR, not the interest rate.
- Check that the lender is licensed in Washington using the regulator named above.
- Read the disclosure for origination fees and any prepayment penalty before you sign.