Loan Accountant Salary in Toledo, Ohio

How much does a Loan Accountant make in Toledo, OH?

As of April 01, 2025, the average annual salary for a Loan Accountant in Toledo, OH is $42,482. According to Salary.com, salaries can range from a low of $33,744 to a high of $51,913, with most professionals earning between $37,909 and $47,419.

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Salary range for a Loan Accountant

$37,909 to $47,419

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Loan Accountant

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Job Openings for Loan Accountant in Toledo, OH

What does a Loan Accountant do?

Common responsibilities of a Loan Accountant

Generate and analyze accounting reports related to Accounts Payable, Accounts Receivable and the General Ledger.

November 07, 2022

Create all accounting entries (general ledger, transaction account).

March 22, 2023

Performs post-closing loan verification, the loan checklist/control sheet process and all other post-closing loan accounting and servicing functions.

September 06, 2022

Respond to requests from other departments and perform research.

February 03, 2023

Prepare queries and reports, on an as needed basis, for management, internal audit and external audit.

February 18, 2023

Complete other projects as assigned.

March 05, 2023

Reviews and monitors loan system data, loan system reports, processes needed changes to member data, completes periodic reporting requirements and complies with other special information requests.

March 09, 2023

Assist in the preparation of monthly and quarterly key documents for distribution to the internal management executives and external financial entities, including the SEC Form 10-Q and 10-K.

March 21, 2023

Manage and perform the FFELP and Private Credit models to calculate amortization, benefits allowance and late fee accrual calculation.

April 11, 2023

Provides a comprehensive solution that includes education, testing, digital consults, and subscription plans to cover the cost of treatment.

May 05, 2023

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Loan Accountant Salary By Experience Levels in Toledo, OH

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Loan Accountant Salary By Level of Education in Toledo, OH

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Loan Accountant in Toledo, OH

Average Base Salary

Core compensation

37909

47419

42482

Average Total Cash Compensation

Includes base and annual incentives

39745

49790

44599

What is the average salary for Loan Accountant in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Accountant in Toledo, OH. The base salary for Loan Accountant ranges from $37,909 to $47,419 with the average base salary of $42,482. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $39,745 to $49,790 with the average total cash compensation of $44,599.

View Average Salary for Loan Accountant as table

	Average Salary	Average Salary Range
Base Salary	$42,482	$37,909 - $47,419
Bonus	$2,117	$1,836 - $2,371
Total Pay	$44,599	$39,745 - $49,790

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Loan Accountant Salary Near Toledo, OH

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Toledo, OH
CITY, STATE Taylor, MI	AVERAGE SALARY RANGE $39,253 - $49,100	COMPARE TO Toledo, OH
CITY, STATE Ann Arbor, MI	AVERAGE SALARY RANGE $39,520 - $49,435	COMPARE TO Toledo, OH
CITY, STATE Canton, MI	AVERAGE SALARY RANGE $39,457 - $49,356	COMPARE TO Toledo, OH
CITY, STATE Westland, MI	AVERAGE SALARY RANGE $39,261 - $49,110	COMPARE TO Toledo, OH
CITY, STATE Dearborn, MI	AVERAGE SALARY RANGE $39,316 - $49,179	COMPARE TO Toledo, OH
CITY, STATE Dearborn Heights, MI	AVERAGE SALARY RANGE $39,296 - $49,155	COMPARE TO Toledo, OH

See salaries for Loan Accountant in locations close to Toledo, OH. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Toledo, Ohio

Toledo (/təˈliːdoʊ/) is a city in and the county seat of Lucas County, Ohio, United States. Toledo is in northwest Ohio, at the western end of Lake Erie bordering the state of Michigan. The city was founded in 1833 on the west bank of the Maumee River, and originally incorporated as part of Monroe County, Michigan Territory. It was re-founded in 1837, after conclusion of the Toledo War, when it was incorporated in Ohio. After the 1845 completion of the Miami and Erie Canal, Toledo grew quickly; it also benefited from its position on the railway line between New York City and Chicago. The first...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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