Student Loan Refinance
Refinancing can lower your rate, your payment, or both, but fees and a longer term can eat into the savings. Enter your current loan and a new offer to compare the two side by side.
About these numbers
Assumes fixed rates, monthly payments, and that the refinance cost is added to the new loan balance. The months left on the current loan are worked out from its balance, payment, and rate. Total cost is the sum of all remaining payments. It does not account for federal loan benefits, variable rates, or tax effects. Rates are hypothetical examples, not offers.
This calculator is a hypothetical illustration for educational purposes only. Results are based on the assumptions you enter and the method described above, may vary with each use and over time, do not reflect any specific investment or the deduction of fees or taxes unless stated, and are not a guarantee of future results. The tool does not consider every investment, account type, or strategy that may be available to you. It is not investment, tax, or legal advice. Investing involves risk, including possible loss of principal. 4:8 Financial does not provide tax or legal advice; please consult your CPA or attorney regarding your specific situation.
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