Compare student loan refinance quotes

Choose which loans to refinance

Use this for fully amortizing, fixed-rate loans with regular monthly payments. Enter the current principal and remaining months. For loans being refinanced, use a payoff quote for the planned funding date if available. Use example figures to explore the worksheet. Inputs stay in this browser tab.

Check federal benefits and cosigner terms

Refinancing a federal loan into a private loan can give up federal repayment, forgiveness and discharge protections. Check your federal loan details and compare federal options before including one. Ask each private lender in writing whether a cosigner is required and how any release works.

• Federal Student Aid exit counseling guide and federal Loan Simulator
• Federal benefits checklist and cosigner release checklist
• Model variable-rate payment changes separately

How the estimate works

The keep option sums modeled principal and interest across every entered loan. The refinance options replace only the selected loans, add financed fees to the new principal and add any separate cash fee to total outlay. Loans you keep are included in every option. Initial payments may fall later as loans are paid off. The longest remaining term determines the modeled debt-free month. The worksheet excludes changing rates, income-driven repayment, taxes, late charges and early payoff. Amounts display to the nearest cent.

Choose your next borrowing task

Scope and next steps

Educational planning only. Confirm actual costs, dates and terms before making commitments. Financial disclaimer · Editorial standards.