Student loan refinance

Use the refinance savings calculator for dollar math, then the federal plan estimator before you give up IDR or PSLF.

When not to refinance

• You are pursuing or might pursue Public Service Loan Forgiveness.
• You need an income-driven payment you can actually afford.
• You may need federal deferment or forbearance.
• You are on, or may need, the Repayment Assistance Plan.
• A court or servicer notice about the end of SAVE is still unresolved for you. Pick a federal plan first at studentaid.gov.

What to compare on a refinance offer

• New APR versus your current rate and remaining term
• Fees and whether the payment is fixed or variable
• Autopay discounts that require a bank account on file
• Whether every loan in the refinance is federal, private, or mixed

Lender and marketplace overviews

• credible
• splash
• elfi
• earnest

No refinance affiliate links are live. Official site links only.