Student loans
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$280 was calculated based on a $15,000 loan with a rate of 4.53% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$187 was calculated based on a $15,000 loan with a rate of 4.61% over 96 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
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$139 was calculated based on a $15,000 loan with a rate of 5.01% over 144 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$172 was calculated based on a $15,000 loan with a rate of 6.72% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$144 was calculated based on a $15,000 loan with a rate of 5.63% over 144.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$231 was calculated based on a $15,000 loan with a rate of 7.58% over 84 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$144 was calculated based on a $15,000 loan with a rate of 8.07% over 180 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$162 was calculated based on a $15,000 loan with a rate of 6.80% over 132 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$304 was calculated based on a $15,000 loan with a rate of 7.95% over 60 months.
$172 was calculated based on a $15,000 loan with a rate of 6.75% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% interest rate reduction if payments are made by Automatic Debit
Forbearance
Deferment and forbearance options include Active Duty Military Deferment, In-School Deferment, Residency/Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time and will pay only the interest on the loan until graduation. After this, full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 05/16/2019 and include a 0.25% discount applied when a borrower in repayment elects automatic debit payments via their personal checking account. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
$180 was calculated based on a $15,000 loan with a rate of 7.71% over 120 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$153 was calculated based on a $15,000 loan with a rate of 5.63% over 132.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$301 was calculated based on a $15,000 loan with a rate of 7.60% over 60 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$145 was calculated based on a $15,000 loan with a rate of 8.17% over 180 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$214 was calculated based on a $15,000 loan with a rate of 5.26% over 84 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
$220 was calculated based on a $15,000 loan with a rate of 12.50% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% - 2.00% interest rate reduction if payments are made by Automatic Debit
Forbearance
Ascent loans include deferment and forbearance options: Active Duty Military Deferment, In-School Deferment, Residency / Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time. The student will pay only the interest on the loan until graduation. After this full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 06/01/2020 and reflect an automatic payment discount of 0.25% on the lowest offered rate and a 2.00% discount on the highest offered rate. Automatic Payment Discount is available if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized bank account each month. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
1% Cash Back Graduation Reward subject to terms and conditions. For details, visit: www.AscentStudentLoans.com/CashBack
$164 was calculated based on a $15,000 loan with a rate of 5.63% over 120.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$126 was calculated based on a $15,000 loan with a rate of 5.17% over 168 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$170 was calculated based on a $15,000 loan with a rate of 4.66% over 108 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$227 was calculated based on a $15,000 loan with a rate of 7.12% over 84 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$181 was calculated based on a $15,000 loan with a rate of 7.83% over 120 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$179 was calculated based on a $15,000 loan with a rate of 7.59% over 120 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$124 was calculated based on a $15,000 loan with a rate of 5.63% over 180.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$143 was calculated based on a $15,000 loan with a rate of 7.98% over 180 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$212 was calculated based on a $15,000 loan with a rate of 4.99% over 84 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
$119 was calculated based on a $15,000 loan with a rate of 6.99% over 228 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$126 was calculated based on a $15,000 loan with a rate of 6.99% over 204 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$167 was calculated based on a $15,000 loan with a rate of 6.07% over 120 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$116 was calculated based on a $15,000 loan with a rate of 6.96% over 240 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$114 was calculated based on a $15,000 loan with a rate of 5.54% over 204 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$246 was calculated based on a $15,000 loan with a rate of 5.63% over 72.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$116 was calculated based on a $15,000 loan with a rate of 6.99% over 240 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$251 was calculated based on a $15,000 loan with a rate of 6.38% over 72 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$122 was calculated based on a $15,000 loan with a rate of 6.99% over 216 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$294 was calculated based on a $15,000 loan with a rate of 6.60% over 60 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$185 was calculated based on a $15,000 loan with a rate of 6.72% over 108 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$109 was calculated based on a $15,000 loan with a rate of 5.46% over 216 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$192 was calculated based on a $15,000 loan with a rate of 5.25% over 96.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$116 was calculated based on a $15,000 loan with a rate of 5.25% over 192 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$194 was calculated based on a $15,000 loan with a rate of 5.63% over 96.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$134 was calculated based on a $15,000 loan with a rate of 6.88% over 180 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% interest rate reduction if payments are made by Automatic Debit
Forbearance
Deferment and forbearance options include Active Duty Military Deferment, In-School Deferment, Residency/Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time and will pay only the interest on the loan until graduation. After this, full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 05/16/2019 and include a 0.25% discount applied when a borrower in repayment elects automatic debit payments via their personal checking account. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
$129 was calculated based on a $15,000 loan with a rate of 5.63% over 168.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$294 was calculated based on a $15,000 loan with a rate of 6.61% over 60 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$224 was calculated based on a $15,000 loan with a rate of 6.71% over 84 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$140 was calculated based on a $15,000 loan with a rate of 6.97% over 168 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$134 was calculated based on a $15,000 loan with a rate of 6.94% over 180 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$275 was calculated based on a $15,000 loan with a rate of 3.84% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$107 was calculated based on a $15,000 loan with a rate of 5.60% over 228 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$139 was calculated based on a $15,000 loan with a rate of 7.44% over 180 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$160 was calculated based on a $15,000 loan with a rate of 5.08% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$127 was calculated based on a $15,000 loan with a rate of 8.19% over 240 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$202 was calculated based on a $15,000 loan with a rate of 6.69% over 96 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$124 was calculated based on a $15,000 loan with a rate of 5.70% over 180 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$132 was calculated based on a $15,000 loan with a rate of 5.15% over 156 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$172 was calculated based on a $15,000 loan with a rate of 6.69% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$126 was calculated based on a $15,000 loan with a rate of 6.96% over 204 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$292 was calculated based on a $15,000 loan with a rate of 6.26% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$121 was calculated based on a $15,000 loan with a rate of 5.25% over 180.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$167 was calculated based on a $15,000 loan with a rate of 10.63% over 180 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% - 2.00% interest rate reduction if payments are made by Automatic Debit
Forbearance
Ascent loans include deferment and forbearance options: Active Duty Military Deferment, In-School Deferment, Residency / Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time. The student will pay only the interest on the loan until graduation. After this full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 06/01/2020 and reflect an automatic payment discount of 0.25% on the lowest offered rate and a 2.00% discount on the highest offered rate. Automatic Payment Discount is available if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized bank account each month. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
1% Cash Back Graduation Reward subject to terms and conditions. For details, visit: www.AscentStudentLoans.com/CashBack
$301 was calculated based on a $15,000 loan with a rate of 7.57% over 60 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$209 was calculated based on a $15,000 loan with a rate of 4.61% over 84 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$131 was calculated based on a $15,000 loan with a rate of 6.50% over 180 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$317 was calculated based on a $15,000 loan with a rate of 9.83% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% interest rate reduction if payments are made by Automatic Debit
Forbearance
Deferment and forbearance options include Active Duty Military Deferment, In-School Deferment, Residency/Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time and will pay only the interest on the loan until graduation. After this, full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 05/16/2019 and include a 0.25% discount applied when a borrower in repayment elects automatic debit payments via their personal checking account. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
$166 was calculated based on a $15,000 loan with a rate of 5.98% over 120 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$208 was calculated based on a $15,000 loan with a rate of 4.49% over 84 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$162 was calculated based on a $15,000 loan with a rate of 5.35% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$141 was calculated based on a $15,000 loan with a rate of 5.25% over 144.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$202 was calculated based on a $15,000 loan with a rate of 10.50% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% - 2.00% interest rate reduction if payments are made by Automatic Debit
Forbearance
Ascent loans include deferment and forbearance options: Active Duty Military Deferment, In-School Deferment, Residency / Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time. The student will pay only the interest on the loan until graduation. After this full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 06/01/2020 and reflect an automatic payment discount of 0.25% on the lowest offered rate and a 2.00% discount on the highest offered rate. Automatic Payment Discount is available if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized bank account each month. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
1% Cash Back Graduation Reward subject to terms and conditions. For details, visit: www.AscentStudentLoans.com/CashBack
$135 was calculated based on a $15,000 loan with a rate of 6.97% over 180 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$212 was calculated based on a $15,000 loan with a rate of 5.00% over 84 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$128 was calculated based on a $15,000 loan with a rate of 6.14% over 180 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
$140 was calculated based on a $15,000 loan with a rate of 6.94% over 168 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$140 was calculated based on a $15,000 loan with a rate of 5.13% over 144 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$304 was calculated based on a $15,000 loan with a rate of 7.95% over 60 months.
$110 was calculated based on a $15,000 loan with a rate of 6.33% over 240 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
$131 was calculated based on a $15,000 loan with a rate of 6.56% over 180 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$179 was calculated based on a $15,000 loan with a rate of 7.64% over 120 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$243 was calculated based on a $15,000 loan with a rate of 5.25% over 72.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$144 was calculated based on a $15,000 loan with a rate of 8.05% over 180 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$104 was calculated based on a $15,000 loan with a rate of 5.61% over 240 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$283 was calculated based on a $15,000 loan with a rate of 4.96% over 60 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
$188 was calculated based on a $15,000 loan with a rate of 4.74% over 96 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$278 was calculated based on a $15,000 loan with a rate of 4.29% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$153 was calculated based on a $15,000 loan with a rate of 6.90% over 144 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$296 was calculated based on a $15,000 loan with a rate of 6.79% over 60 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$310 was calculated based on a $15,000 loan with a rate of 8.84% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% - 2.00% interest rate reduction if payments are made by Automatic Debit
Forbearance
Ascent loans include deferment and forbearance options: Active Duty Military Deferment, In-School Deferment, Residency / Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time. The student will pay only the interest on the loan until graduation. After this full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 06/01/2020 and reflect an automatic payment discount of 0.25% on the lowest offered rate and a 2.00% discount on the highest offered rate. Automatic Payment Discount is available if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized bank account each month. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
1% Cash Back Graduation Reward subject to terms and conditions. For details, visit: www.AscentStudentLoans.com/CashBack
$108 was calculated based on a $15,000 loan with a rate of 6.04% over 240 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$121 was calculated based on a $15,000 loan with a rate of 5.33% over 180 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$NaN was calculated based on a $15,000 loan with a rate of 10.99% over months.
$211 was calculated based on a $15,000 loan with a rate of 4.92% over 84 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$148 was calculated based on a $15,000 loan with a rate of 4.95% over 132 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$158 was calculated based on a $15,000 loan with a rate of 4.80% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$103 was calculated based on a $15,000 loan with a rate of 5.53% over 240 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$202 was calculated based on a $15,000 loan with a rate of 6.72% over 96 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$148 was calculated based on a $15,000 loan with a rate of 5.07% over 132 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$130 was calculated based on a $15,000 loan with a rate of 6.99% over 192 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$113 was calculated based on a $15,000 loan with a rate of 6.60% over 240 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
$145 was calculated based on a $15,000 loan with a rate of 8.19% over 180 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$146 was calculated based on a $15,000 loan with a rate of 6.93% over 156 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$237 was calculated based on a $15,000 loan with a rate of 4.28% over 72 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$153 was calculated based on a $15,000 loan with a rate of 6.87% over 144 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$136 was calculated based on a $15,000 loan with a rate of 5.63% over 156.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$180 was calculated based on a $15,000 loan with a rate of 7.79% over 120 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$150 was calculated based on a $15,000 loan with a rate of 5.25% over 132.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$120 was calculated based on a $15,000 loan with a rate of 5.19% over 180 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$175 was calculated based on a $15,000 loan with a rate of 5.25% over 108.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$131 was calculated based on a $15,000 loan with a rate of 5.03% over 156 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$161 was calculated based on a $15,000 loan with a rate of 5.25% over 120.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$171 was calculated based on a $15,000 loan with a rate of 4.78% over 108 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$176 was calculated based on a $15,000 loan with a rate of 7.19% over 120 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$120 was calculated based on a $15,000 loan with a rate of 5.16% over 180 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$285 was calculated based on a $15,000 loan with a rate of 5.25% over 60.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$278 was calculated based on a $15,000 loan with a rate of 4.29% over 60 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
$125 was calculated based on a $15,000 loan with a rate of 5.04% over 168 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$106 was calculated based on a $15,000 loan with a rate of 5.46% over 228 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$119 was calculated based on a $15,000 loan with a rate of 6.96% over 228 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$161 was calculated based on a $15,000 loan with a rate of 5.28% over 120 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
$237 was calculated based on a $15,000 loan with a rate of 4.40% over 72 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$287 was calculated based on a $15,000 loan with a rate of 5.63% over 60.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$133 was calculated based on a $15,000 loan with a rate of 5.25% over 156.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$214 was calculated based on a $15,000 loan with a rate of 5.25% over 84.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$110 was calculated based on a $15,000 loan with a rate of 5.59% over 216 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$162 was calculated based on a $15,000 loan with a rate of 6.84% over 132 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$163 was calculated based on a $15,000 loan with a rate of 5.54% over 120 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
$295 was calculated based on a $15,000 loan with a rate of 6.65% over 60 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Deferred while in school
$113 was calculated based on a $15,000 loan with a rate of 5.41% over 204 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$252 was calculated based on a $15,000 loan with a rate of 6.43% over 72 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$122 was calculated based on a $15,000 loan with a rate of 6.96% over 216 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$277 was calculated based on a $15,000 loan with a rate of 4.11% over 60 months.
$291 was calculated based on a $15,000 loan with a rate of 6.11% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$126 was calculated based on a $15,000 loan with a rate of 5.25% over 168.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$177 was calculated based on a $15,000 loan with a rate of 5.63% over 108.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$122 was calculated based on a $15,000 loan with a rate of 7.66% over 240 months.
Loan Details
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
$104 was calculated based on a $15,000 loan with a rate of 5.58% over 240 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$130 was calculated based on a $15,000 loan with a rate of 6.96% over 192 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$117 was calculated based on a $15,000 loan with a rate of 5.39% over 192 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$293 was calculated based on a $15,000 loan with a rate of 6.50% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% interest rate reduction if payments are made by Automatic Debit
Forbearance
Deferment and forbearance options include Active Duty Military Deferment, In-School Deferment, Residency/Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time and will pay only the interest on the loan until graduation. After this, full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 05/16/2019 and include a 0.25% discount applied when a borrower in repayment elects automatic debit payments via their personal checking account. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
$200 was calculated based on a $15,000 loan with a rate of 10.17% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% interest rate reduction if payments are made by Automatic Debit
Forbearance
Deferment and forbearance options include Active Duty Military Deferment, In-School Deferment, Residency/Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time and will pay only the interest on the loan until graduation. After this, full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 05/16/2019 and include a 0.25% discount applied when a borrower in repayment elects automatic debit payments via their personal checking account. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
$276 was calculated based on a $15,000 loan with a rate of 4.02% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
APRs assume a 0.25% rate discount for making automatic payments from a checking account
Forbearance
Up to 12 months of forbearances is available at Laurel Road's discretion
Borrower, and Co-signer if applicable, must be a U.S. Citizen or Permanent Resident with a valid I-551 card (which must show a minimum of 10 years between "Resident Since" date and "Card Expires" date or has no expiration date); state that they are of at least borrowing age in the state of residence at the time of application; and meet Lender underwriting criteria (including, for example, employment, debt-to-income, disposable income, and credit history requirements).
Borrowers may refinance any unsubsidized or subsidized Federal or private student loan that was used exclusively for qualified higher education expenses (as defined in 26 USC Section 221) at an accredited U.S. undergraduate or graduate school.
All loans must be in grace or repayment status and cannot be in default. Borrower must have graduated or be enrolled in good standing in the final term preceding graduation from an accredited Title IV U.S. school and must be employed, or have an eligible offer of employment. Parents looking to refinance loans taken out on behalf of a child should refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
For Associates Degrees: Only associates degrees earned in one of the following are eligible for refinancing: Cardiovascular Technologist (CVT); Dental Hygiene; Diagnostic Medical Sonography; EMT/Paramedics; Nuclear Technician; Nursing; Occupational Therapy Assistant; Pharmacy Technician; Physical Therapy Assistant; Radiation Therapy; Radiologic/MRI Technologist; Respiratory Therapy; or Surgical Technologist. To refinance an Associates degree, a borrower must also either be currently enrolled and in the final term of an associate degree program at a Title IV eligible school with an offer of employment in the same field in which they will receive an eligible associate degree OR have graduated from a school that is Title IV eligible with an eligible associate and have been employed, for a minimum of 12 months, in the same field of study of the associate degree earned.
LOAN AMOUNT
For bachelor's degrees and higher, up to 100% of outstanding private and federal student loans (minimum $5,000) are eligible for refinancing. If you are refinancing greater than $300,000 in student loan debt, Lender may refinance the loans into 2 or more new loans.
For eligible Associates degrees in the healthcare field (see Eligibility & Eligible Loans section above), Lender will refinance up to $50,000 in loans for non-ParentPlus refinance loans. Note, parents who are refinancing loans taken out on behalf of a child who has obtained an associates degrees in an eligible healthcare field are not subject to the $50,000 loan maximum, refer to https://www.laurelroad.com/refinance-student-loans/refinance-parent-plus-loans/ for more information.
FEE INFORMATION
There are no origination fees or prepayment penalties associated with the loan. Lender may assess a late fee if any part of a payment is not received within 15 days of the payment due date. Any late fee assessed shall not exceed 5% of the late payment or $28, whichever is less. A borrower may be charged $20 for any payment (including a check or an electronic payment) that is returned unpaid due to non-sufficient funds (NSF) or a closed account.
$216 was calculated based on a $15,000 loan with a rate of 5.63% over 84.0000000000 months.
Loan Details
Loan Features
Auto Pay Discount
Autopay discounts available of up to a 0.25% interest rate reduction1
Interest Payments Only
Moderate initial monthly payment for the first 2 years
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. Borrowers can take advantage of an additional 0.25% interest rate reduction if the automatic withdrawal comes from a qualifying Nationwide Bank account for a total interest rate reduction of 0.50%. Advertised rates shown include both interest rate reductions. 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.
$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.
$159 was calculated based on a $15,000 loan with a rate of 4.93% over 120 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.20% APR (with autopay) to 6.43% APR (with autopay). Variable rate loan rates range from 2.39% APR (with autopay) to 6.43% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 2.46% and 6.5% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of June 3, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 6/3/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$185 was calculated based on a $15,000 loan with a rate of 6.69% over 108 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$224 was calculated based on a $15,000 loan with a rate of 6.68% over 84 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$300 was calculated based on a $15,000 loan with a rate of 7.45% over 60 months.
Loan Details
Loan Features
Auto Pay Discount
Borrowers can get a 0.25% - 2.00% interest rate reduction if payments are made by Automatic Debit
Forbearance
Ascent loans include deferment and forbearance options: Active Duty Military Deferment, In-School Deferment, Residency / Internship Deferment and Temporary Hardship Forbearance
Interest Payments Only
Student must be registered at least half time. The student will pay only the interest on the loan until graduation. After this full interest and principal payments must be made.
Payment Deferral
This option allows the borrower to postpone payments on the loan while the student is at least half-time enrolled at an eligible institution for up to 60 months
Rewards
1% Cash Back Graduation Reward: Borrowers are eligible to receive a 1% cash reward after graduation and upon meeting certain qualifying criteria
Rates are effective as of 06/01/2020 and reflect an automatic payment discount of 0.25% on the lowest offered rate and a 2.00% discount on the highest offered rate. Automatic Payment Discount is available if the borrower is enrolled in automatic payments from their personal checking account and the amount is successfully withdrawn from the authorized bank account each month. For Ascent rates and repayment examples please visit: www.AscentStudentLoans.com/Rates
1% Cash Back Graduation Reward subject to terms and conditions. For details, visit: www.AscentStudentLoans.com/CashBack
$146 was calculated based on a $15,000 loan with a rate of 6.96% over 156 months.
Loan Details
Loan Features
Auto Pay Discount
Rate displayed includes the 0.25% APR discount for using auto-pay1
Forbearance
With documentation from your previous servicer to confirm, we may match your existing grace period for up to nine months.
Payment Deferral
Payment deferral is available in some cases, including post-graduation grace periods, economic hardship, enrollment in school, active military duty, and Peace Corps service.
Earnest's fixed rate loan rates range from 3.75% APR (with autopay) to 8.77% APR (with autopay). Variable rate loan rates range from 3.5% APR (with autopay) to 8.72% APR (with autopay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms of 10 years or less. For loan terms of 10 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% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 3.13% and 8.4% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of April 22, 2020 and are subject to change based on market conditions and borrower eligibility.
1Autopay 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.
The information provided on this page is updated as of 4/22/20. 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 hello@earnest.com, or call 888-601-2801 for more information on our student loan refinance product.
$126 was calculated based on a $15,000 loan with a rate of 5.88% over 180 months.
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay1
Forbearance
Up to two years of forebearance due to financial hardship
Payment Deferral
Up to 32 months of deferment available
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Credit scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any offer.
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