Loan Calculators

This calculator will help you determine whether you will save on your monthly payment if you refinance your student loan, and perhaps more importantly, whether you will save on total interest over the life of the refinancing loan. The results assume no additional charges, fees or penalties.

Current loan information:
Amount outstanding:
$
Interest rate:
%
Please select:
 
Refinancing loan information:
Amount: (same for comparison)
$
Interest rate:
%
Term:
Estimated savings per month:
$28
Total interest plus principal of current loan:
$12,383
Total interest plus principal of refinancing loan:
$12,149
Total estimated savings:
$234
Estimated payoff date of refinancing loan:
October, 2031
Compare student loan offers:
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