Compare refinance rates
See whether a new private loan could improve the cost or structure of existing private student debt.
- Compare APR, not only monthly payment
- Check fixed versus variable rates
- Review term length and total interest
Loan decisions
Lower payments are only part of the math.
Refinancing can change your interest rate, term, monthly payment, and borrower protections. Compare the whole tradeoff before moving.
Know what you may give up
Refinancing federal loans with a private lender is generally irreversible.
- Federal income-driven repayment
- Potential forgiveness programs
- Federal deferment and forbearance options
Calculate the complete cost
A lower payment may simply stretch debt across more years.
- Estimate total interest paid
- Check origination or prepayment fees
- Stress-test the payment against your budget
Educational content only: This page is general information, not individualized financial advice. Consider your loan type, income stability, and federal benefits before refinancing.