# Close loan

Closing your loans on defi.money can be done at any time, and can be found by going to the [`MARKETS`](https://app.defi.money/markets) page and connecting your wallet to the same network you have ongoing loans, and selecting the asset you have a loan with. You can also filter by `BORROWED`.

When you select the asset you have an ongoing loan with, you should see an `ADJUST LOAN` and a `CLOSE LOAN` button. Click on the `CLOSE LOAN` button to navigate there.

<figure><img src="https://3340690449-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjdCC5SjQrFAKjY5zb9Y%2Fuploads%2F4F2yMLrKrM50MUhXbmPb%2Fcloseloan01.png?alt=media&#x26;token=533276bb-a1c8-4892-909c-56c2094b3623" alt=""><figcaption></figcaption></figure>

You should then see the `CLOSE LOAN` page. It tells you how much you need to close the loan, how much collateral you would receive back, and the current amount of $MONEY in your wallet.

<figure><img src="https://3340690449-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjdCC5SjQrFAKjY5zb9Y%2Fuploads%2FAD6fL5f16kt31eAqERYU%2Fcloseloan02.png?alt=media&#x26;token=c5ba901b-365b-4364-b547-6c6e96fa15a2" alt=""><figcaption></figcaption></figure>

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## Instructions

1. After verifying that everything looks correct, to close your loan, simply click the `CLOSE LOAN` button and follow the steps in your wallet. After that is confirmed, you are done!

If you do not have enough $MONEY available to close the loan fully, the page will let you know how much $MONEY you need like so:

<figure><img src="https://3340690449-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FZjdCC5SjQrFAKjY5zb9Y%2Fuploads%2FqfigkhKvkct4SYCONS12%2Fcloseloan04.png?alt=media&#x26;token=bd6a06b4-2424-49d3-9550-112d28067e8a" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
If you have $MONEY staked, you need to unstake it if you want to use it to pay back the loan.
{% endhint %}

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Congratulations, you successfully closed a $MONEY loan!&#x20;