Student Loan Refinance

SoFi Student Loans

• Rates as low as 5.09% variable and 4.49% fixed¹
• No fees or prepayment penalties
• Unemployment protection

¹Fixed 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.

Earnest Student Loan Refinancing

• Variable rates starting at 4.99% APR (including 0.25% Auto Pay discount)^*
• Fixed rates starting at 4.96% APR (including 0.25% Auto Pay discount)^*
• Choose your own monthly payment
• No fees of any kind and exceptional customer service for the life of your loan
• Check your rate in under 2 minutes

To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.

Actual rate and available repayment terms will vary based on your income. Fixed rates range from 5.21% APR to 9.24% APR (excludes 0.25% Auto Pay discount). Variable rates range from 5.24% APR to 9.19% 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.

^*Auto Pay Discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance. Not all borrowers will qualify for our lowest rates, and your rate will be based on creditworthiness at time of application.

The information provided on this page is updated as of 03/09/2023. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice.

Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 303 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, e-mail us at [email protected], or call 888-601-2801 for more information on our student loan refinance product.

Purefy Student Loan Refinancing

• Rates as low as 1.74% APR variable and 2.73% APR fixed.
• Check your rate in 2 minutes with no impact on credit.
• We search our network of top-rated lenders to ensure you get the best deal.
• Options available if you experience financial hardship.
• No origination fees or prepayment penalties.

Purefy Student Loan Refinancing Rate and Terms Disclosure: Annual Percentage Rates (APR) ranges and examples are based on information provided to Purefy by lenders participating in Purefy’s rate comparison platform. For student loan refinancing, the participating lenders offer fixed rates ranging from 2.73% – 7.99% APR, and variable rates ranging from 1.74% – 7.99% APR. The maximum variable rate is 25.00%. Your interest rate will be based on the lender’s requirements. In most cases, lenders determine the interest rates based on your credit score, degree type and other credit and financial criteria. Only borrowers with excellent credit and meeting other lender criteria will qualify for the lowest rate available. Rates and terms are subject to change at any time without notice. Terms and conditions apply.

College Ave Student Loans

• Variable rate range: 5.99% – 11.99% APR¹
• Fixed rate range: 5.99% – 11.99% APR¹
• No application or prepayment fees
• Apply in 3 minutes or less for instant credit decision

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.

¹The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House (“ACH”). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. Variable rates may increase after consummation.

²This informational repayment example uses typical loan terms for a refi borrower who selects the Full Principal & Interest Repayment Option with a 10-year repayment term, has a $40,000 loan and a 5.5% Annual Percentage Rate (“APR”): 120 monthly payments of $434.11 while in the repayment period, for a total amount of payments of $52,092.61. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary.

³$5,000 is the minimum requirement to refinance. The maximum loan amount is $250,000 for those with medical, dental, pharmacy or veterinary doctorate degrees, and $150,000 for all other undergraduate or graduate degrees.

Information advertised valid as of 03/01/2023. 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.

PNC Bank Refinance Student Loans

• Variable rates as low as 6.14% APR¹; Fixed rates as low as 4.99% APR¹
• Rates include 0.50% automated payment discount^{1, 2}
• Displayed rates are for well-qualified applicants with an Undergraduate degree who choose the 5-year term¹
• 5, 10 or 15-year repayment terms available (rates may vary); 20-year term only available for borrowers with an Undergraduate or Graduate degree borrowing over $75,000¹
• Loan amounts from $10,000 to $200,000 (maximum loan amounts vary by degree attained)³
• No application fees or origination fees
• An easy student loan application with a preliminary decision in minutes
• Cosigner Release option available⁴
• Consolidate your student loans into one payment.⁵

PNC Education Refinance Loan is subject to credit approval. Certain restrictions and conditions apply.

¹Annual Percentage Rates (APRs): All APRs shown are for applicants with an Undergraduate degree for loan amounts from $10,000 to $200,000 APRs include a 0.50% interest rate discount for automated payments and may vary by repayment term and other factors (refer to additional details below). Rates, maximum loan amounts and repayment terms available may vary by level of degree attained. The 20 year repayment term is only available for borrowers with an Undergraduate or Graduate degree borrowing more than $75,000. Rates are effective as of February 1, 2023, and are subject to change at any time.

Fixed Annual Percentage Rates (APRs) range 4.99% to 9.24% for a 5-year, 6.39% to 10.64% for a 10-year, 6.49% to 10.74% for a 15-year term and 6.59% to 10.84% for a 20-year term. Fixed rates are based on the creditworthiness of the applicant and cosigner, if any.

Variable Annual Percentage Rates (APRs) range 6.14% to 10.39% for a 5-year, 7.54% to 11.79% for a 10-year, 7.64% to 11.89% for a 15-year term and 7.74% to 11.99% for a 20-year term. Variable rates are based on the Prime Rate index plus a margin depending on the creditworthiness of the borrower and cosigner, if any. The Prime index, adjusted monthly, is equal to the Prime Rate as published in the “Money Rates” section of The Wall Street Journal ‘(Eastern Edition)’ on the first business day of the immediately preceding calendar month. The Prime index is currently 7.50%. If the index increases or decreases, your rate will increase or decrease accordingly. The rate will not exceed 18%.

The lowest APR is available to well-qualified applicants. Your actual APR will be based on your credit qualifications, interest rate option, repayment term and whether you elect the automated payment feature.

Loan Payment Examples: The monthly payment per $10,000 borrowed at a fixed-rate range of 6.39% APR to 10.64% APR for 10 years means you would make 120 payments that may range from $112.99 to $135.72. The monthly payment per $10,000 borrowed at a variable-rate range of 7.54% APR to 11.79% APR for 10 years means you would make 120 payments that may range from $118.91 to $142.26. For the variable-rate loan, monthly payment may increase or decrease if the interest rate increases or decreases. Estimated loan payment examples assume 30 days to first payment. Payments vary for other rates, loan amounts and repayment terms.

²Automated Payment Discount: During repayment, an interest rate discount of 0.50% is available for automated payments. Borrower must be making scheduled payments that include both principal and interest. The rate discount will be applied at the time automated payment is established. If automated payment is discontinued at any time, the discount will be removed and the rate will increase by 0.50%.

³Maximum Loan Amounts: Vary based on level of degree attained.  Available repayment terms and rates may also vary based on level of degree attained.

• $10,000-$25,000 - Did Not Graduate
• $10,000-$75,000 - Associates Degree
• $10,000-$175,000 - Undergraduate Degree
• $10,000-$200,000 - Graduate Degree

⁴Cosigner Release: Requires that the borrower has made at least forty-eight (48) consecutive timely payments of principal and interest with no periods of interruption within that 48-month timeframe. To qualify, the borrower must submit a request, meet the consecutive timely payment requirements, provide proof of income and pass a credit check.

⁵Refinancing: Refinancing at a longer repayment term may lower your monthly student loan payments, but may also increase the total interest paid over the life of the loan. Refinancing at a shorter repayment term may increase your monthly student loan payments, but may lower the total interest paid over the life of the loan.

Certain Federal Benefits Will Be Lost or Not Available: If you refinance your federal loans through this PNC Education Refinance Loan, you will lose or not be able to select other payment plans available to federal student loan borrowers, such as income-contingent repayment or income-based repayment. In addition, federal student loans offer deferment, forbearance and loan forgiveness options that may not be available under a PNC Education Refinance Loan. Please compare your current benefits with this program to ensure any loss of existing benefits is fully understood.

COVID-19 related update: Please read carefully before applying to refinance your federal student loans with PNC. PNC encourages customers and prospects with existing federal student loan debt to carefully consider their options before applying for a refinance loan at PNC. We recommend that you review and have a clear understanding of the federal emergency relief available and how it may impact your situation. When you refinance your existing federal student loan debt with PNC, you waive any current and potential future benefits and protections, if any, and replace those with the benefits of the PNC Education Refinance Loan.

ELFI Student Loan Refinance

• Customers are saving an average of $309 every month and an average of $20,936 in total savings after refinancing their student loans with Education Loan Finance¹
• Variable and fixed rates starting from 4.53% APR and 5.08% APR²
• Prequalify in as little as two minutes
• Award winning customer service from your dedicated Student Loan Advisor who is matched to you from the moment you sign up

¹Average savings calculations are based on information provided by SouthEast Bank/ Education Loan Finance customers who refinanced their student loans between 8/16/2016 and 10/25/2018. While these amounts represent reported average amounts saved, actual amounts saved will vary depending upon a number of factors.

²Rates accurate as of 3/15/23. The interest rate and monthly payment for variable rate loans may increase after closing. Your actual interest rate 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. To qualify for refinancing or student loan consolidation through Education Loan Finance, you must have at least $10,000 in qualified student loan debt and must have earned a bachelor’s degree or higher from an approved post-secondary Education Loan Finance institution. Education Loan Finance Parent Loans are limited to a maximum of the 10-year term.