BLOG  •

Compare SoFi Student Loan Refinance Rates

Kat Tretina

Before You Read, Lower Your Student Loan Payment

It’s that quick & easy — really. Our free tool checks a network of top refinance lenders and shows you options in one easy chart.
Checking rates takes 2 minutes with no impact on your credit
Federal & private loans are eligible
No maximum loan amount

Before You Read, Lower Your Student Payment

It’s that quick & easy — really. Our free tool checks a network of top refinance lenders and shows you options in one easy chart.

Checking rates takes 2 minutes with no impact on your credit
Federal & private loans are eligible
No maximum loan amount

If you’re like most college graduates, you left school with a substantial amount of student loan debt. According to the latest student loan statistics, the average balance among borrowers is $29,650.

Depending on the cost of your education, you may have turned to private student loans to cover some of your expenses. SoFi is one of the most well-known private lenders in the country; as of 2021, the company has over $50 billion in funded loans.

However, your loans could have high interest rates, and it could be difficult to repay your debt. If that’s the case, student loan refinancing can be a helpful solution. Here’s what you need to know about refinancing SoFi student loans and getting a SoFi student loan refinance.

About SoFi

SoFi is a financial services company that was founded in 2011 by Stanford business school graduates. Originally, the company used an alumni-funded lending model that connected recent graduates with alumni in their area. Over time, it expanded to offer refinancing to graduates of all Title IV schools. 

In 2012, it launched its SoFi student loan refinance division and became the first company to offer refinancing for federal and private student loans.

Today, SoFi has over 2 million members. Its customers have paid off $22 billion in debt since the company’s inception.

Besides private student loans and a SoFi student loan refinance product, SoFi provides other financial services. Through SoFi, members can open cash management accounts, apply for personal loans or mortgages, or even invest in stocks and cryptocurrency.

Ready to refinance your SoFi student loan?

If you graduated from college, it may be a good time to refinance your loans with a SoFi student loan refinance.

Student loan refinancing is a process where you take out a loan from a new lender and use it to pay off some or all of your current loans. Because you’re taking out a new loan, you can qualify for different terms than you have now. You could potentially lower your interest rate, reduce your monthly payment, and extend your repayment term. You can even remove student loan cosigners from your existing accounts.

Refinancing interest rates are currently at historic lows, so you could potentially reduce your interest rate and save money over the course of your repayment. These rates won’t last forever, so it’s a good idea to take advantage of them while you can.

Did you know? Student loan refinance rates are at historical lows

Lowering your interest rate is the easiest way to save on student loan debt. You can refinance to a shorter term and get out of debt faster.

Takes 2 minutes • No impact on credit

Choosing a student loan refinance lender

There are dozens of student loan refinance lenders out there. If you’re looking to refinance SoFi student loans or private student loans from another lender, it’s important to know that interest rates, terms, eligibility criteria, and benefits can vary from lender to lender.

Before submitting an application for a refinancing loan, it’s a good idea to shop around and compare loan options from multiple lenders so you can ensure you get the best deal.

How to find the best refinance company and start saving

Shopping for a refinancing lender can seem overwhelming. Lenders give you a lot of information, so it can be challenging to figure out which is best for you.

To make it easier, here are some of the most important factors to consider when comparing lenders:

1. Rates

Your interest rates play a big role in your total repayment costs. When you’re looking at lenders, you’ll see that some offer both fixed and variable interest rates on their loans. But what’s the difference?

Fixed-rate loans will have the same interest for your entire repayment period. It doesn’t change, and your minimum monthly payment will be the same for the entirety of your loan’s life. Fixed interest rates tend to be a little higher than variable rates, but you get the peace of mind of knowing exactly how much you’ll pay every month.

Variable-rate loans usually start off with lower interest rates than fixed-rate loans. However, the interest rate can change over time. Your interest rate could increase, and your monthly payment may go up, too. Variable interest rates can be attractive because of their low initial rate, but there’s some added risk involved.

Free eBook: How to Conquer Student Loans

Free eBook: How to Conquer Student Loans

2. Terms

The loan’s term is how long you have to repay the loan. Terms can range from five years to over 20. The longer the loan term, the lower your monthly payment will be.

However, there is a downside to longer loan terms. Because your loan is in repayment for more time, you’ll pay more in interest charges. And, lenders typically charge higher interest rates on longer loan terms, causing more interest to accrue.

In general, it makes sense to choose the shortest loan term you can afford. By opting for a shorter term, you can get a lower rate, and less interest will accrue.

3. Discounts

When looking at lenders’ interest rates, pay attention to any disclaimers or disclosures. The listed rate is often the lowest possible offered and usually includes special discounts. Some lenders offer autopay discounts or loyalty discounts; if you don’t qualify for those discounts, your interest rate will be a little higher.

With SoFi student loans, you can take advantage of a 0.25% automatic payment discount if you sign up for monthly deductions from a checking or savings account. With SoFi’s discount, the interest savings are applied to the loan principal.

If you’re an existing SoFi customer, you can qualify for a 0.125% membership discount as well.

4. Customer service

Because refinancing lenders are private companies, the level of customer service offered can vary wildly. It’s a good idea to look for a company with a strong reputation for customer support and is readily available to answer your questions.

One important note about SoFi private student loans and refinancing loans is that SoFi doesn’t service its loans. Instead, it works with MOHELA, a loan servicing company. MOHELA is the company you go to if you have questions about your payments, hardship options, or account issues.

5. Benefits

Some lenders offer customers extra perks. SoFi has some robust borrower benefits, including:

  • Career coaching: If you’re planning on switching careers or are interviewing for a promotion, you can use SoFi’s career coaching service to get help with your resume or practice your interviewing skills.
  • Member experiences: SoFi hosts special events for members all over the country. You can use these events to build your network and get to know people in your community.
  • Financial planning: You can meet with a financial planner at no cost to talk about your goals and develop a plan.

Why should I refinance my SoFi student loan?

SoFi is a major private student loan lender. While it’s a popular option, you may find that a SoFi student loan refinance may be beneficial after you graduate. Refinancing SoFi student loans can make sense in the following situations:

  1. You may have a high interest rate: Depending on your credit at the time you applied and when you took out your loan, you could have a very high interest rate on your loans. As of 2021, SoFi loan rates can be as high as 11.26%. With such a high rate, your loan balance can grow over time as interest rapidly accrues.
  2. You want a different loan term: When you first took out your SoFi loans, you selected a loan term that worked for you at the time. However, your needs may have changed since you took out the loan. You could need a different loan term to give you more breathing room in your budget, or you may want to pay off your debt more aggressively.
  3. You’re unhappy with your loan servicer: You may be unhappy with the level of customer service provided by MOHELA, SoFi’s loan servicer. If so, you’re not alone. According to the Consumer Financial Protection Bureau, over 170 complaints were submitted by customers about MOHELA over the past three years. Common issues included problems dealing with the servicer, incorrect information being submitted to the credit bureaus, and difficulty repaying the loan.

The 2 Best Companies to Refinance Student Loans

Our Top-Rated Picks for 2024 Offer Low Rates and No Fees

efli-lender
No Maximum Loan Amount

Fixed Rate

5.48% – 8.94% APR 4

Variable Rate

5.28% – 8.99% APR 4
earnest-logo
Precision Pricing — Pick Your Monthly Payment

Fixed Rate

5.19% – 9.74% APR 2

Variable Rate

5.72% – 9.74% APR 2

SoFi student loan refinance review 2021

SoFi is a favorite refinancing lender for many borrowers. As of 2020, SoFi has refinanced over $30 billion in student loans. The lender doesn’t charge prepayment or origination fees, and it even offers forbearance options. However, the lender isn’t for everyone.

If SoFi is on your shortlist of refinancing lenders, here’s some additional information to help you make an informed decision.

SoFi student loan refinance options

SoFi student loan refinance offers refinance options for more than just undergraduate loans. The company has the following refinancing programs:

  • Student loan refinancing: If you have undergraduate or graduate federal or private student loans, you can refinance and choose a variable or fixed rate.
  • Medical resident refinancing: With medical resident refinancing, physicians and dentists can refinance and make $100 payments during their residency periods.
  • Parent PLUS refinancing: Parents who took out money to pay for their child’s education can refinance their debt through SoFi. SoFi is also one of the few lenders that allow children to refinance and take over their parents’ loans.
  • Medical professional refinancing: Doctors, dentists, and nurses can qualify for special interest rates when they refinance their student loans.
  • Law and MBA refinancing: If you went to law school or got an MBA, you can take advantage of refinancing to save money over time.

Advantages of refinancing through SoFi

SoFi student loan refinance is a reputable lender, and there are several benefits to refinancing your loans through the company:

  • You can take advantage of its benefits: SoFi has a formal unemployment protection program. If you lose your job, SoFi will suspend your payments — and help you find a new position.
  • There is a rate guarantee: SoFi has a low rate guarantee. If you find a refinancing lender that offers you a lower rate, SoFi will give you $100.
  • You could save money: If you qualify for SoFi’s lower rates, you could save a substantial amount of money over the life of your loan.
  • You could lower your payments: SoFi offers loan terms as long as 20 years. By selecting a longer loan term, you can significantly lower your monthly payments and boost your cash flow.

Disadvantages of refinancing through SoFi

While SoFi is a well-known lender, it has some drawbacks to keep in mind:

  • Cosigner releases are not available: While SoFi does allow you to apply with a cosigner, it doesn’t offer cosigner releases. Your cosigner will remain on the loan — and be legally responsible for payments if you fall behind — until the loan is paid off, or until you refinance with another lender.
  • Degrees are required: If you’re still in school or you didn’t complete your degree, you’re not eligible for refinancing through SoFi. To qualify, you must have at least an associate degree or higher from an accredited Title IV school.
  • Good to excellent credit required: While SoFi doesn’t publicly list its credit score requirements, it generally requires borrowers to have good to excellent credit. If your credit score is less-than-perfect, you’ll need a cosigner on your application.

SoFi student loan refinance reviews

In SoFi student loan refinance reviews, some borrowers complained that the process was lengthy and time-consuming. And, even though they were pre-approved through a soft credit check, some consumers said their applications were ultimately denied.

On Trustpilot, SoFi has a 3.2-star rating out of five based on over 2,400 customer reviews. Out of those reviews, 79% rate the company as excellent, while 11% rate it as “bad” or “poor.”

SoFi is not accredited by the Better Business Bureau (BBB), but it does have an A+ rating. BBB ratings are given based on the company’s responses to customer complaints, time in business, and transparent business practices.

According to the BBB, SoFi receives a high number of complaints. As a result, the BBB displays just 25% of the complaint submitted. Many of the complaints are about other aspects of SoFi’s business, such as its personal loans or investment options, and not just refinancing. 

Controversy and SoFi

SoFi has been the subject of some controversy in the past.

In 2018, the Federal Trade Commission (FTC) lodged a complaint about SoFi, alleging that the company made false statements about student loan refinancing savings in TV, web, and print advertisements. According to the FTC, the average savings mentioned in SoFi’s ads were inflated because the company omitted large categories of its customers.

In 2019, SoFi came to an agreement with the FTC and agreed to stop misrepresenting student loan refinancing savings.

SoFi student loan refinancing eligibility

To qualify for student loan refinancing through SoFi, you must meet the following requirements:

  • You must be at least the age of majority in your state (18 in most states)
  • You must be a U.S. citizen or permanent resident
    • Non-permanent residents can qualify if they have a cosigner that is a U.S. citizen
  • You must be employed or have an offer of employment and a start date within 90 days
  • You graduated with at least an associate degree from an accredited Title IV school
  • Your existing loans must be federal or private student loans; non-education loans are not eligible
  • You must have at least $5,000 in student loans to refinance

How to apply for student loan refinancing

Whether you apply for student loan refinancing through SoFi or another company, you can complete the process in just six steps:

1. Set a goal

Spend some time thinking about your financial goals and what you hope to accomplish from refinancing since that will affect what terms to choose.

For example, if you want to pay off your student loan balance as quickly as possible, it would be wise to choose a shorter loan term so you can get a lower interest rate.

If you want to reduce your monthly payments to free up more money in your budget, look for a longer loan term.

2. Gather your documents

When you apply for refinancing, you’ll be asked to provide some personal information, including your Social Security number, employment information, income, and loan balances. You may need to provide proof of income in the form of tax returns or pay stubs. You can save time by gathering these documents ahead of time.

3. Check your credit

To maximize your chances of getting approved for a loan and securing a low interest rate, check your credit report before applying for a loan. You can view your credit reports for free at www.AnnualCreditReport.com.

Look at your credit report and ensure it’s accurate. If you notice any mistakes, dispute those errors with the major credit bureaus right away. Inaccurate information can damage your credit and make it harder to qualify for a loan.

4. Get a quote

SoFi, like many refinancing lenders, allows you to get a rate quote. The loan prequalification tool gives you an estimate of what interest rates and terms to expect, and it only requires a soft credit check; there’s no impact on your credit score. We recommend comparing your SoFi rate quote with other top lenders. You can do so quickly an easily using Purefy’s rate comparison tool, which gets quotes from multiple lenders with one fast form.

Getting a quote can help you compare lenders and choose the right loan term for your situation.

5. Consider adding a cosigner

If your credit is less-than-excellent, adding a cosigner to your application may be a smart decision. If you have a friend or relative with excellent credit that is willing to cosign your loan, their help can improve your odds of getting a loan and a lower interest rate than you’d get on your own.

However, asking someone to be a cosigner is a big ask. They’re responsible for the loan payments if you don’t make them, and having the loan on their credit reports can make it more difficult to qualify for other forms of credit, such as mortgages.

6. Submit your loan application

Once you have all of your documentation handy, have found a cosigner, and have picked the right loan term, you can move forward with completing the application.

With SoFi and other lenders, you can complete the refinancing application entirely online. It takes just a few minutes to finish,

If you’re approved for a SoFi refinancing loan and you sign the loan agreement, it can take seven to 15 business days before your loan is funded and your existing loans paid off. To make sure you don’t incur late fees or have late payments reported to the credit bureaus, continue making payments on your current loans until you receive a notification from SoFi that the funding process is complete.

Refinancing your loans

If you’re considering refinancing your SoFi student loans or want to refinance other loans through the company, you should know that SoFi student loan refinance is a popular choice. However, it’s not a good match for every borrower, and you may be able to get lower interest rates and more favorable terms from other lenders.

While you can comparison shop on your own and manually compare rate quotes, there’s an easier way: you can use Purefy’s Compare Rates tool to get quotes from top refinancing lenders by filling out one simple form. It doesn’t affect your credit score, and you can compare several loan options at once to find the best match for you.

Need additional help? Schedule your free student loan refinance consultation. A Purefy student loan advisor will talk to you and provide personalized guidance on the different lenders, loan options, and key benefits. When you’re ready to apply, the advisor will help you through the entire application process from start to finish. You can schedule your free consultation online.

You Might Also Like
Purefy - Compare Private Student Loan Consolidation & Refinance Options Quickly & Easily

Recommends

Student Loan Refinance

Today’s Rates Starting From 4.49% APR1

Take the guesswork out of shopping for a student loan refinance. Compare real prequalified offers from multiple top rated lenders in 2 minutes with no impact on your credit score.
Purefy - Compare Private Student Loan Consolidation & Refinance Options Quickly & Easily
efli-lender
Purefy - Compare Private Student Loan Consolidation & Refinance Options Quickly & Easily
Purefy - Compare Private Student Loan Consolidation & Refinance Options Quickly & Easily
Purefy - Compare Private Student Loan Consolidation & Refinance Options Quickly & Easily
Purefy - Compare Private Student Loan Consolidation & Refinance Options Quickly & Easily
college ave student loans
Purefy - Compare Private Student Loan Consolidation & Refinance Options Quickly & Easily
ascent student loans

Before you go, let’s make sure is offering you the best rate.

It takes two minutes and has no impact on your credit score.

1

Answer a few questions with our easy & secure form.

2

Purefy checks for your prequalified rates from top lenders.

3

Pick your best rate and finish the application online in minutes.

Ascent Rate Disclosure

Ascent’s undergraduate and graduate student loans are funded by Bank of Lake Mills or DR Bank, Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations; and terms and conditions may apply. For Ascent Terms and Conditions please visit: www.AscentStudentLoans.com/Ts&Cs.

Rates are effective as of 12/1/2023 and reflect an automatic payment discount of either 0.25% (for credit-based loans) OR 1.00% (for undergraduate outcomes-based loans). Automatic Payment Discount is available if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized back account each month. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates.

1% Cash Back Graduation Reward subject to terms and conditions. Click here for details.

SoFi Rate Disclosure

3 SoFi Rate Disclosure:

Fixed rates range from 4.49% APR to 8.99% APR with a 0.25% autopay discount. Variable rates from 5.09% APR to 8.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates on 5-, 7-, and 10-year terms are capped at 8.95% APR; 15- and 20-year terms are capped at 9.95% APR. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi.

ISL Rate Disclosure

Earnest Rate Disclosure

2 Earnest Rate Disclosure:


Actual rate and available repayment terms will vary based on your income. Fixed rates range from 5.44% APR to 9.99% APR (excludes 0.25% Auto Pay discount). Variable rates range from 5.97% APR to 9.99% APR (excludes 0.25% Auto Pay discount). Earnest variable interest rate student loan refinance loans are based on a publicly available index, the 30-day Average Secured Overnight Financing Rate (SOFR) published by the Federal Reserve Bank of New York. The variable rate is based on the rate published on the 25th day, or the next business day, of the preceding calendar month, rounded to the nearest hundredth of a percent. The rate will not increase more than once per month. The maximum rate for your loan is 8.95% if your loan term is 10 years or less. For loan terms of more than 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95%. Please note, we are not able to offer variable rate loans in AK, IL, MN, NH, OH, TN, and TX. Our lowest rates are only available for our most credit qualified borrowers and contain our .25% auto pay discount from a checking or savings account.

Advertiser Disclosure:

THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER.

Earnest Rate Disclosure

Rates displayed include the 0.25% Auto Pay discount. You can take advantage of the Auto Pay interest rate reduction by setting up and maintaining active and automatic ACH withdrawal of your loan payment from a checking or savings account. The interest rate reduction for Auto Pay will be available only while your loan is enrolled in Auto Pay. Interest rate incentives for utilizing Auto Pay may not be combined with certain private student loan repayment programs that also offer an interest rate reduction. For multi-party loans, only one party may enroll in Auto Pay. It is important to note that the 0.25% Auto Pay discount is not available while loan payments are deferred.

Actual rate and available repayment terms will vary based on your income. Fixed rates range from 4.67% APR to 16.15% APR (excludes 0.25% Auto Pay discount). Variable rates range from 5.64% APR to 16.45% APR (excludes 0.25% Auto Pay discount). Earnest variable interest rate student loan origination loans are based on a publicly available index, the 30-day Average Secured Overnight Financing Rate (SOFR) published by the Federal Reserve Bank of New York. The variable rate is based on the rate published on the 25th day, or the next business day, of the preceding calendar month, rounded to the nearest hundredth of a percent. The rate will not increase more than once per month. Although the rate will vary after you are approved, it will never exceed 36% (the maximum allowable for this loan). Please note, Earnest Private Student Loans are not available in Nevada. Our lowest rates are only available for our most credit qualified borrowers and contain our .25% auto pay discount from a checking or savings account. It is important to note that the 0.25% Auto Pay discount is not available while loan payments are deferred.

Nine-month grace period is not available for borrowers who choose our Principal and Interest Repayment plan while in school.

Earnest clients may skip one payment every 12 months. Your first request to skip a payment can be made once you’ve made at least 6 months of consecutive on-time payments, and your loan is in good standing. The interest accrued during the skipped month will result in an increase in your remaining minimum payment. The final payoff date on your loan will be extended by the length of the skipped payment periods. Please be aware that a skipped payment does count toward the forbearance limits. Please note that skipping a payment is not guaranteed and is at Earnest’s discretion. Your monthly payment and total loan cost may increase as a result of postponing your payment and extending your term.

Loan Eligibility criteria: Eligible students must: 1) For college Freshmen, Sophomores and Juniors, attend, or be enrolled to attend, a Title IV school full-time. For college Seniors and Graduate students, attend, or be enrolled to attend, a Title IV school at least half-time; and 2) be pursuing a Bachelor’s or Graduate degree. Earnest private student loans are subject to credit qualification, completion of a loan application, verification of application information, self-certification of loan amount, and school certification.

Responsible borrowing tip: Explore all scholarship, grant and federal options before applying for a private loan.

Earnest Private Student Loans are made by One American Bank, Member FDIC. One American Bank, 515 S. Minnesota Ave, Sioux Falls, SD 57104.

Earnest loans are serviced by Earnest Operations LLC, 535 Mission St., Suite 1663 San Francisco, CA 94105, NMLS #1204917, with support From Navient Solutions, LLC (NMLS #212430). One American Bank and Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by agencies of the United States of America.

Advertiser Disclosure:

THIS IS AN ADVERTISEMENT. YOU ARE NOT REQUIRED TO MAKE ANY PAYMENT OR TAKE ANY OTHER ACTION IN RESPONSE TO THIS OFFER.

ELFI Rate Disclosure

4 ELFI Rate Disclosure:

Education Loan Finance is a nationwide student loan debt consolidation and refinance program offered by Tennessee based SouthEast Bank. ELFI is designed to assist borrowers through consolidating and refinancing loans into one single loan that effectively lowers your cost of education debt and/or makes repayment very simple. Subject to credit approval. See Terms & Conditions. Interest rates current as of 10/13/2023. The interest rate and monthly payment for a variable rate loan may increase after closing, but will never exceed 9.95% APR. Interest rates may be different from the rates shown above and will be based on the term of your loan, your financial history, and other factors, including your cosigner’s (if any) financial history. For example, a 10-year loan with a fixed rate of 6% would have 120 payments of $11.00 per $1,000 borrowed. Rates are subject to change.

ELFI Rate Disclosure

Education Loan Finance is a nationwide student loan provider offered by Tennessee based SouthEast Bank. ELFI is designed to assist students financially with receiving their education. Subject to credit approval. See Terms & Conditions. Interest rates current as of 12/11/2023. Variable interest rates may increase after closing but will never exceed 18.00%. Interest rates may also differ from the rates shown above. The term of your loan, financial history, and other factors, including your cosigner’s (if any) financial history can affect the interest rate. For example, a 10-year loan with a fixed rate of 7% would have 120 payments of $11.61 per $1,000 borrowed. Rates are subject to change.

College Ave Rate Disclosure

College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC.. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
Rates shown include autopay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit. Variable rates may increase after consummation.
Minimum loan amount $1,000, as certified by your school and less any other financial aid you might receive.
This informational repayment example uses typical loan terms for a freshman borrower who selects the Deferred Repayment Option with a 10-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 8.35% fixed Annual Percentage Rate (“APR”): 120 monthly payments of $179.18 while in the repayment period, for a total amount of payments of $21,501.54. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.
Information advertised valid as of 1/1/2024. Variable interest rates may increase after consummation. Approved interest rate will depend on the creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of full principal and interest payments with the shortest available loan term.

Compare Student Loan Refinance Rates From Top-Rated Lenders

  • Hidden
  • Hidden
No impact on credit — get results in 2 minutes.
the best rates

Want To Find Out When Student Loan Refinance Rates Drop?

Join our email list to get instantly notified when rates change.

I am a(Required)