Student loans
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156 Months
4.56 - 5.74%
fixed APR
$132
$132 was calculated based on a $15,000 loan with a rate of 5.15% over 156 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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 Months
5.22 - 8.77%
fixed APR
$130
$130 was calculated based on a $15,000 loan with a rate of 6.99% over 192 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
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204 Months
4.62 - 6.19%
variable APR
$113
$113 was calculated based on a $15,000 loan with a rate of 5.41% over 204 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
5.37 - 6.77%
fixed APR
$167
$167 was calculated based on a $15,000 loan with a rate of 6.07% over 120 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
204 Months
5.2 - 8.72%
variable APR
$126
$126 was calculated based on a $15,000 loan with a rate of 6.96% over 204 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180 Months
4.25 - 7.5%
variable APR
$126
$126 was calculated based on a $15,000 loan with a rate of 5.88% over 180 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
240 Months
4.79 - 6.43%
fixed APR
$104
$104 was calculated based on a $15,000 loan with a rate of 5.61% over 240 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180.0000000000 Months
3.25 - 8.00%
fixed APR
$124
$124 was calculated based on a $15,000 loan with a rate of 5.63% over 180.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 3.25% for fixed rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
84 Months
5.74 - 8.04%
fixed APR
$226
$226 was calculated based on a $15,000 loan with a rate of 6.89% over 84 months.
Per Month
Loan Details
Low Rates and Flexible Terms1: Education Loan Finance strives to offer among the lowest student loan refinancing rates in the industry for both fixed and variable rate loans with flexible terms from 5 to 20 years
No Application Fees, Origination Fees, or Prepayment Penalties
Loan Amounts Starting at $10,000 and Up
Consolidate Multiple Loans (Federal and Private) into One Easy Monthly Payment. Refinancing of Parent Loans Also Offered.
Get Your Rate. With Education Loan Finance's Find My Rate tool, you can complete a short application to receive a preliminary quote on your eligible rates and terms, all without affecting your credit score.
Apply in Minutes. Our online loan application is fast and simple.
Outstanding Personalized Service. Our Student Loan Advisors specialize in helping borrowers save money by recommending personalized refinance options for eligible borrowers.
Student Lending Experience: Education Loan Finance isn't a start-up company - we have a longstanding history and expertise in serving student loan borrowers
Education Loan Finance Referral Program2: Refinance your student loan with us and earn $400 for each new client you refer through our generous referral program
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
2Visit website for full details. Restrictions apply.
168.0000000000 Months
3.25 - 8.00%
fixed APR
$129
$129 was calculated based on a $15,000 loan with a rate of 5.63% over 168.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 3.25% for fixed rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
84 Months
3.48 - 6.5%
variable APR
$212
$212 was calculated based on a $15,000 loan with a rate of 4.99% over 84 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
72 Months
3.24 - 5.31%
variable APR
$237
$237 was calculated based on a $15,000 loan with a rate of 4.28% over 72 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
168 Months
5.15 - 8.72%
variable APR
$140
$140 was calculated based on a $15,000 loan with a rate of 6.94% over 168 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
84 Months
4 - 6%
fixed APR
$212
$212 was calculated based on a $15,000 loan with a rate of 5.00% over 84 months.
Per Month
Loan Details
7 Year Repayment Term
Fixed interest rates from 4% to 6%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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.
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.
180 Months
6.10-9.34%
fixed APR
$141
$141 was calculated based on a $15,000 loan with a rate of 7.72% over 180 months.
Per Month
Loan Details
Refinance and consolidate private and federal student loans
650 minimum FICO® Score
No origination fees and no prepayment penalties
Simple online application with live support 7 days a week
Career support - complimentary career coaching for SoFi members
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay
Payment Deferral
If you lose your job through no fault of your own, you may apply for Unemployment Protection. Terms and conditions apply, see https://www.sofi.com/legal/#3 for details.
NOTICE: The debt ceiling legislation passed on June 2, 2023, codifies into law that federal student loan borrowers will be reentering repayment. The US Department of Education or your student loan servicer, or lender if you have FFEL loans, will notify you directly when your payments will resume For more information, please go to https://docs.house.gov/billsthisweek/20230529/BILLS-118hrPIH-fiscalresponsibility.pdf https://studentaid.gov/announcements-events/covid-19
If you are a federal student loan borrower you should take time now to prepare for your payments to restart, including the opportunity to refinance your student loan debt at a lower APR or to extend your term to achieve a lower monthly payment. Please note that once you refinance federal student loans you will no longer be eligible for current or future flexible payment options available to federal loan borrowers, including but not limited to income based repayment plans or extended repayment plans.
Fixed rates range from 5.24% APR to 9.99% APR with 0.25% autopay discount. Variable rates range from 6.24% APR to 9.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates will never exceed 13.95% (the maximum rate for these loans). SoFi rate ranges are current as of 9/08/2023 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi. You may pay more interest over the life of the loan if you refinance with an extended term.
If you are a federal student loan borrower you should take time now to prepare for your payments to restart, including the opportunity to refinance your student loan debt at a lower APR or to extend your term to achieve a lower monthly payment. Please note that once you refinance federal student loans you will no longer be eligible for current or future flexible payment options available to federal loan borrowers, including but not limited to income based repayment plans or extended repayment plans.
Fixed rates range from 5.24% APR to 9.99% APR with 0.25% autopay discount. Variable rates range from 6.24% APR to 9.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates will never exceed 13.95% (the maximum rate for these loans). SoFi rate ranges are current as of 9/08/2023 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi. You may pay more interest over the life of the loan if you refinance with an extended term.
120 Months
6.93 - 8.49%
variable APR
$180
$180 was calculated based on a $15,000 loan with a rate of 7.71% over 120 months.
Per Month
Loan Details
Low Rates and Flexible Terms1: Education Loan Finance strives to offer among the lowest student loan refinancing rates in the industry for both fixed and variable rate loans with flexible terms from 5 to 20 years
No Application Fees, Origination Fees, or Prepayment Penalties
Loan Amounts Starting at $10,000 and Up
Consolidate Multiple Loans (Federal and Private) into One Easy Monthly Payment. Refinancing of Parent Loans Also Offered.
Get Your Rate. With Education Loan Finance's Find My Rate tool, you can complete a short application to receive a preliminary quote on your eligible rates and terms, all without affecting your credit score.
Apply in Minutes. Our online loan application is fast and simple.
Outstanding Personalized Service. Our Student Loan Advisors specialize in helping borrowers save money by recommending personalized refinance options for eligible borrowers.
Student Lending Experience: Education Loan Finance isn't a start-up company - we have a longstanding history and expertise in serving student loan borrowers
Education Loan Finance Referral Program2: Refinance your student loan with us and earn $400 for each new client you refer through our generous referral program
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
2Visit website for full details. Restrictions apply.
120 Months
5.91 - 9.74%
fixed APR
$181
$181 was calculated based on a $15,000 loan with a rate of 7.83% over 120 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
216 Months
5.22 - 8.77%
fixed APR
$122
$122 was calculated based on a $15,000 loan with a rate of 6.99% over 216 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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 Months
4.54 - 5.73%
fixed APR
$140
$140 was calculated based on a $15,000 loan with a rate of 5.13% over 144 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
168 Months
4.43 - 5.66%
variable APR
$125
$125 was calculated based on a $15,000 loan with a rate of 5.04% over 168 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
60 Months
3.2 - 5.01%
fixed APR
$277
$277 was calculated based on a $15,000 loan with a rate of 4.11% over 60 months.
Per Month
Lender Disclosure
Lender Disclosure
180 Months
6.63 - 9.74%
fixed APR
$145
$145 was calculated based on a $15,000 loan with a rate of 8.19% over 180 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
144.0000000000 Months
2.88 - 7.63%
variable APR
$141
$141 was calculated based on a $15,000 loan with a rate of 5.25% over 144.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 2.88% for variable rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
240 Months
5.05 - 7.02%
fixed APR
$108
$108 was calculated based on a $15,000 loan with a rate of 6.04% over 240 months.
Per Month
Loan Details
20 Year Repayment Term
Fixed interest rates from 5.05% to 7.02%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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.
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.
84 Months
3.75 - 6.1%
variable APR
$211
$211 was calculated based on a $15,000 loan with a rate of 4.92% over 84 months.
Per Month
Loan Details
7 Year Repayment Term
Variable interest rates from 3.75% to 6.1%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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.
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.
96 Months
3.82 - 5.4%
variable APR
$187
$187 was calculated based on a $15,000 loan with a rate of 4.61% over 96 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
96.0000000000 Months
2.88 - 7.63%
variable APR
$192
$192 was calculated based on a $15,000 loan with a rate of 5.25% over 96.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 2.88% for variable rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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 Months
5.18 - 8.77%
fixed APR
$135
$135 was calculated based on a $15,000 loan with a rate of 6.97% over 180 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
2.71 - 12.99%
variable APR
$202
$202 was calculated based on a $15,000 loan with a rate of 10.50% over 120 months.
Per Month
Loan Details
No application, origination or disbursement fees
Customize your loan with flexible repayment options
Discount for enrolling in automatic payments
Cover up to 100% of college tuition and living expenses with a minimum loan amount of $1,000 and up to $200,000
After making 24 consecutive on-time payments, you may be able to release your cosigner
100% U.S. based customer service
1% Cash Back Graduation Reward upon satisfaction of certain terms and conditions
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
Ascent Student Loans are funded by Richland State Bank (RSB), Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, and terms and conditions may apply. For Ascent Terms and Conditions please visit: www.AscentStudentLoans.com/Ts&Cs
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
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
204 Months
5.22 - 8.77%
fixed APR
$126
$126 was calculated based on a $15,000 loan with a rate of 6.99% over 204 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
216 Months
4.62 - 6.29%
variable APR
$109
$109 was calculated based on a $15,000 loan with a rate of 5.46% over 216 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180 Months
5.16 - 8.72%
variable APR
$134
$134 was calculated based on a $15,000 loan with a rate of 6.94% over 180 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
60 Months
5.40 - 9.74%
fixed APR
$301
$301 was calculated based on a $15,000 loan with a rate of 7.57% over 60 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
60 Months
3.48 - 6.45%
fixed APR
$283
$283 was calculated based on a $15,000 loan with a rate of 4.96% over 60 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
96 Months
3.97 - 5.5%
fixed APR
$188
$188 was calculated based on a $15,000 loan with a rate of 4.74% over 96 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
84 Months
3.64 - 5.33%
variable APR
$208
$208 was calculated based on a $15,000 loan with a rate of 4.49% over 84 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180 Months
5.79 - 7.20%
fixed APR
$131
$131 was calculated based on a $15,000 loan with a rate of 6.50% over 180 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
120.0000000000 Months
2.88 - 7.63%
variable APR
$161
$161 was calculated based on a $15,000 loan with a rate of 5.25% over 120.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 2.88% for variable rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
240 Months
4.97 - 8.22%
fixed APR
$113
$113 was calculated based on a $15,000 loan with a rate of 6.60% over 240 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
84.0000000000 Months
3.25 - 8.00%
fixed APR
$216
$216 was calculated based on a $15,000 loan with a rate of 5.63% over 84.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 3.25% for fixed rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
84 Months
3.75 - 6.77%
fixed APR
$214
$214 was calculated based on a $15,000 loan with a rate of 5.26% over 84 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
228 Months
5.22 - 8.77%
fixed APR
$119
$119 was calculated based on a $15,000 loan with a rate of 6.99% over 228 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180 Months
4.58 - 5.8%
fixed APR
$120
$120 was calculated based on a $15,000 loan with a rate of 5.19% over 180 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
108.0000000000 Months
3.25 - 8.00%
fixed APR
$177
$177 was calculated based on a $15,000 loan with a rate of 5.63% over 108.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 3.25% for fixed rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
60 Months
5.24-9.07%
fixed APR
$298
$298 was calculated based on a $15,000 loan with a rate of 7.16% over 60 months.
Per Month
Loan Details
Refinance and consolidate private and federal student loans
650 minimum FICO® Score
No origination fees and no prepayment penalties
Simple online application with live support 7 days a week
Career support - complimentary career coaching for SoFi members
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay
Payment Deferral
If you lose your job through no fault of your own, you may apply for Unemployment Protection. Terms and conditions apply, see https://www.sofi.com/legal/#3 for details.
NOTICE: The debt ceiling legislation passed on June 2, 2023, codifies into law that federal student loan borrowers will be reentering repayment. The US Department of Education or your student loan servicer, or lender if you have FFEL loans, will notify you directly when your payments will resume For more information, please go to https://docs.house.gov/billsthisweek/20230529/BILLS-118hrPIH-fiscalresponsibility.pdf https://studentaid.gov/announcements-events/covid-19
If you are a federal student loan borrower you should take time now to prepare for your payments to restart, including the opportunity to refinance your student loan debt at a lower APR or to extend your term to achieve a lower monthly payment. Please note that once you refinance federal student loans you will no longer be eligible for current or future flexible payment options available to federal loan borrowers, including but not limited to income based repayment plans or extended repayment plans.
Fixed rates range from 5.24% APR to 9.99% APR with 0.25% autopay discount. Variable rates range from 6.24% APR to 9.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates will never exceed 13.95% (the maximum rate for these loans). SoFi rate ranges are current as of 9/08/2023 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi. You may pay more interest over the life of the loan if you refinance with an extended term.
If you are a federal student loan borrower you should take time now to prepare for your payments to restart, including the opportunity to refinance your student loan debt at a lower APR or to extend your term to achieve a lower monthly payment. Please note that once you refinance federal student loans you will no longer be eligible for current or future flexible payment options available to federal loan borrowers, including but not limited to income based repayment plans or extended repayment plans.
Fixed rates range from 5.24% APR to 9.99% APR with 0.25% autopay discount. Variable rates range from 6.24% APR to 9.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates will never exceed 13.95% (the maximum rate for these loans). SoFi rate ranges are current as of 9/08/2023 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi. You may pay more interest over the life of the loan if you refinance with an extended term.
60 Months
4.23 - 13.23%
variable APR
$293
$293 was calculated based on a $15,000 loan with a rate of 6.50% over 60 months.
Per Month
Loan Details
No application, origination or disbursement fees
Customize your loan with flexible repayment options
Discount for enrolling in automatic payments
Cover up to 100% of college tuition and living expenses with a minimum loan amount of $2,000 and up to $200,000
After making 24 consecutive on-time payments, you may be able to release your cosigner
100% U.S. based customer service
1% Cash Back Graduation Reward upon satisfaction of certain terms and conditions
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
Ascent Student Loans are funded by Richland State Bank (RSB), Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations and terms and conditions may apply. For Ascent Terms and Conditions please visit: www.AscentStudentLoans.com/Ts&Cs
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
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
132 Months
4.89 - 8.72%
variable APR
$162
$162 was calculated based on a $15,000 loan with a rate of 6.80% over 132 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
228 Months
5.2 - 8.72%
variable APR
$119
$119 was calculated based on a $15,000 loan with a rate of 6.96% over 228 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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 Months
5.04 - 8.77%
fixed APR
$153
$153 was calculated based on a $15,000 loan with a rate of 6.90% over 144 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
240 Months
5.2 - 8.72%
variable APR
$116
$116 was calculated based on a $15,000 loan with a rate of 6.96% over 240 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
5.34 - 6.62%
variable APR
$166
$166 was calculated based on a $15,000 loan with a rate of 5.98% over 120 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
120 Months
4.02 - 7.07%
fixed APR
$163
$163 was calculated based on a $15,000 loan with a rate of 5.54% over 120 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
180 Months
6.60 - 9.74%
fixed APR
$145
$145 was calculated based on a $15,000 loan with a rate of 8.17% over 180 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
180 Months
4.23 - 13.23%
variable APR
$134
$134 was calculated based on a $15,000 loan with a rate of 6.88% over 180 months.
Per Month
Loan Details
No application, origination or disbursement fees
Customize your loan with flexible repayment options
Discount for enrolling in automatic payments
Cover up to 100% of college tuition and living expenses with a minimum loan amount of $2,000 and up to $200,000
After making 24 consecutive on-time payments, you may be able to release your cosigner
100% U.S. based customer service
1% Cash Back Graduation Reward upon satisfaction of certain terms and conditions
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
Ascent Student Loans are funded by Richland State Bank (RSB), Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations and terms and conditions may apply. For Ascent Terms and Conditions please visit: www.AscentStudentLoans.com/Ts&Cs
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
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
168 Months
5.18 - 8.77%
fixed APR
$140
$140 was calculated based on a $15,000 loan with a rate of 6.97% over 168 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
156.0000000000 Months
2.88 - 7.63%
variable APR
$133
$133 was calculated based on a $15,000 loan with a rate of 5.25% over 156.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 2.88% for variable rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
192 Months
5.2 - 8.72%
variable APR
$130
$130 was calculated based on a $15,000 loan with a rate of 6.96% over 192 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
168.0000000000 Months
2.88 - 7.63%
variable APR
$126
$126 was calculated based on a $15,000 loan with a rate of 5.25% over 168.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 2.88% for variable rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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 Months
6.45 - 9.65%
variable APR
$144
$144 was calculated based on a $15,000 loan with a rate of 8.05% over 180 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
84 Months
5.85-9.34%
fixed APR
$231
$231 was calculated based on a $15,000 loan with a rate of 7.59% over 84 months.
Per Month
Loan Details
Refinance and consolidate private and federal student loans
650 minimum FICO® Score
No origination fees and no prepayment penalties
Simple online application with live support 7 days a week
Career support - complimentary career coaching for SoFi members
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay
Payment Deferral
If you lose your job through no fault of your own, you may apply for Unemployment Protection. Terms and conditions apply, see https://www.sofi.com/legal/#3 for details.
NOTICE: The debt ceiling legislation passed on June 2, 2023, codifies into law that federal student loan borrowers will be reentering repayment. The US Department of Education or your student loan servicer, or lender if you have FFEL loans, will notify you directly when your payments will resume For more information, please go to https://docs.house.gov/billsthisweek/20230529/BILLS-118hrPIH-fiscalresponsibility.pdf https://studentaid.gov/announcements-events/covid-19
If you are a federal student loan borrower you should take time now to prepare for your payments to restart, including the opportunity to refinance your student loan debt at a lower APR or to extend your term to achieve a lower monthly payment. Please note that once you refinance federal student loans you will no longer be eligible for current or future flexible payment options available to federal loan borrowers, including but not limited to income based repayment plans or extended repayment plans.
Fixed rates range from 5.24% APR to 9.99% APR with 0.25% autopay discount. Variable rates range from 6.24% APR to 9.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates will never exceed 13.95% (the maximum rate for these loans). SoFi rate ranges are current as of 9/08/2023 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi. You may pay more interest over the life of the loan if you refinance with an extended term.
If you are a federal student loan borrower you should take time now to prepare for your payments to restart, including the opportunity to refinance your student loan debt at a lower APR or to extend your term to achieve a lower monthly payment. Please note that once you refinance federal student loans you will no longer be eligible for current or future flexible payment options available to federal loan borrowers, including but not limited to income based repayment plans or extended repayment plans.
Fixed rates range from 5.24% APR to 9.99% APR with 0.25% autopay discount. Variable rates range from 6.24% APR to 9.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates will never exceed 13.95% (the maximum rate for these loans). SoFi rate ranges are current as of 9/08/2023 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi. You may pay more interest over the life of the loan if you refinance with an extended term.
60 Months
1.99 - 6.05%
variable APR
$276
$276 was calculated based on a $15,000 loan with a rate of 4.02% over 60 months.
Per Month
Loan Details
5 Year Repayment Term
Variable interest rates from 1.99% to 6.05%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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.
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.
84.0000000000 Months
2.88 - 7.63%
variable APR
$214
$214 was calculated based on a $15,000 loan with a rate of 5.25% over 84.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 2.88% for variable rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
132 Months
4.92 - 8.77%
fixed APR
$162
$162 was calculated based on a $15,000 loan with a rate of 6.84% over 132 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
4.3 - 6.4%
fixed APR
$162
$162 was calculated based on a $15,000 loan with a rate of 5.35% over 120 months.
Per Month
Loan Details
10 Year Repayment Term
Fixed interest rates from 4.3% to 6.4%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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.
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.
84 Months
6.88 - 8.29%
variable APR
$231
$231 was calculated based on a $15,000 loan with a rate of 7.58% over 84 months.
Per Month
Loan Details
Low Rates and Flexible Terms1: Education Loan Finance strives to offer among the lowest student loan refinancing rates in the industry for both fixed and variable rate loans with flexible terms from 5 to 20 years
No Application Fees, Origination Fees, or Prepayment Penalties
Loan Amounts Starting at $10,000 and Up
Consolidate Multiple Loans (Federal and Private) into One Easy Monthly Payment. Refinancing of Parent Loans Also Offered.
Get Your Rate. With Education Loan Finance's Find My Rate tool, you can complete a short application to receive a preliminary quote on your eligible rates and terms, all without affecting your credit score.
Apply in Minutes. Our online loan application is fast and simple.
Outstanding Personalized Service. Our Student Loan Advisors specialize in helping borrowers save money by recommending personalized refinance options for eligible borrowers.
Student Lending Experience: Education Loan Finance isn't a start-up company - we have a longstanding history and expertise in serving student loan borrowers
Education Loan Finance Referral Program2: Refinance your student loan with us and earn $400 for each new client you refer through our generous referral program
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
2Visit website for full details. Restrictions apply.
108.0000000000 Months
2.88 - 7.63%
variable APR
$175
$175 was calculated based on a $15,000 loan with a rate of 5.25% over 108.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 2.88% for variable rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
240 Months
5.22 - 8.77%
fixed APR
$116
$116 was calculated based on a $15,000 loan with a rate of 6.99% over 240 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180 Months
6.49 - 9.64%
variable APR
$144
$144 was calculated based on a $15,000 loan with a rate of 8.07% over 180 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
60 Months
5.08 - 7.84%
fixed APR
$293
$293 was calculated based on a $15,000 loan with a rate of 6.46% over 60 months.
Per Month
Loan Details
Low Rates and Flexible Terms1: Education Loan Finance strives to offer among the lowest student loan refinancing rates in the industry for both fixed and variable rate loans with flexible terms from 5 to 20 years
No Application Fees, Origination Fees, or Prepayment Penalties
Loan Amounts Starting at $10,000 and Up
Consolidate Multiple Loans (Federal and Private) into One Easy Monthly Payment. Refinancing of Parent Loans Also Offered.
Get Your Rate. With Education Loan Finance's Find My Rate tool, you can complete a short application to receive a preliminary quote on your eligible rates and terms, all without affecting your credit score.
Apply in Minutes. Our online loan application is fast and simple.
Outstanding Personalized Service. Our Student Loan Advisors specialize in helping borrowers save money by recommending personalized refinance options for eligible borrowers.
Student Lending Experience: Education Loan Finance isn't a start-up company - we have a longstanding history and expertise in serving student loan borrowers
Education Loan Finance Referral Program2: Refinance your student loan with us and earn $400 for each new client you refer through our generous referral program
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
2Visit website for full details. Restrictions apply.
120 Months
5.85-9.34%
fixed APR
$179
$179 was calculated based on a $15,000 loan with a rate of 7.59% over 120 months.
Per Month
Loan Details
Refinance and consolidate private and federal student loans
650 minimum FICO® Score
No origination fees and no prepayment penalties
Simple online application with live support 7 days a week
Career support - complimentary career coaching for SoFi members
Loan Features
Auto Pay Discount
There is a 0.25% interest rate reduction when you set up auto-pay
Payment Deferral
If you lose your job through no fault of your own, you may apply for Unemployment Protection. Terms and conditions apply, see https://www.sofi.com/legal/#3 for details.
NOTICE: The debt ceiling legislation passed on June 2, 2023, codifies into law that federal student loan borrowers will be reentering repayment. The US Department of Education or your student loan servicer, or lender if you have FFEL loans, will notify you directly when your payments will resume For more information, please go to https://docs.house.gov/billsthisweek/20230529/BILLS-118hrPIH-fiscalresponsibility.pdf https://studentaid.gov/announcements-events/covid-19
If you are a federal student loan borrower you should take time now to prepare for your payments to restart, including the opportunity to refinance your student loan debt at a lower APR or to extend your term to achieve a lower monthly payment. Please note that once you refinance federal student loans you will no longer be eligible for current or future flexible payment options available to federal loan borrowers, including but not limited to income based repayment plans or extended repayment plans.
Fixed rates range from 5.24% APR to 9.99% APR with 0.25% autopay discount. Variable rates range from 6.24% APR to 9.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates will never exceed 13.95% (the maximum rate for these loans). SoFi rate ranges are current as of 9/08/2023 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi. You may pay more interest over the life of the loan if you refinance with an extended term.
If you are a federal student loan borrower you should take time now to prepare for your payments to restart, including the opportunity to refinance your student loan debt at a lower APR or to extend your term to achieve a lower monthly payment. Please note that once you refinance federal student loans you will no longer be eligible for current or future flexible payment options available to federal loan borrowers, including but not limited to income based repayment plans or extended repayment plans.
Fixed rates range from 5.24% APR to 9.99% APR with 0.25% autopay discount. Variable rates range from 6.24% APR to 9.99% APR with a 0.25% autopay discount. Unless required to be lower to comply with applicable law, Variable Interest rates will never exceed 13.95% (the maximum rate for these loans). SoFi rate ranges are current as of 9/08/2023 and are subject to change at any time. Your actual rate will be within the range of rates listed above and will depend on the term you select, evaluation of your creditworthiness, income, presence of a co-signer and a variety of other factors. Lowest rates reserved for the most creditworthy borrowers. For the SoFi variable-rate product, the variable interest rate for a given month is derived by adding a margin to the 30-day average SOFR index, published two business days preceding such calendar month, rounded up to the nearest one hundredth of one percent (0.01% or 0.0001). APRs for variable-rate loans may increase after origination if the SOFR index increases. The SoFi 0.25% autopay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. This benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. The benefit lowers your interest rate but does not change the amount of your monthly payment. This benefit is suspended during periods of deferment and forbearance. Autopay is not required to receive a loan from SoFi. You may pay more interest over the life of the loan if you refinance with an extended term.
72.0000000000 Months
2.88 - 7.63%
variable APR
$243
$243 was calculated based on a $15,000 loan with a rate of 5.25% over 72.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 2.88% for variable rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
84 Months
4.64 - 8.72%
variable APR
$224
$224 was calculated based on a $15,000 loan with a rate of 6.68% over 84 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
60 Months
5.28 - 7.94%
variable APR
$294
$294 was calculated based on a $15,000 loan with a rate of 6.61% over 60 months.
Per Month
Loan Details
Low Rates and Flexible Terms1: Education Loan Finance strives to offer among the lowest student loan refinancing rates in the industry for both fixed and variable rate loans with flexible terms from 5 to 20 years
No Application Fees, Origination Fees, or Prepayment Penalties
Loan Amounts Starting at $10,000 and Up
Consolidate Multiple Loans (Federal and Private) into One Easy Monthly Payment. Refinancing of Parent Loans Also Offered.
Get Your Rate. With Education Loan Finance's Find My Rate tool, you can complete a short application to receive a preliminary quote on your eligible rates and terms, all without affecting your credit score.
Apply in Minutes. Our online loan application is fast and simple.
Outstanding Personalized Service. Our Student Loan Advisors specialize in helping borrowers save money by recommending personalized refinance options for eligible borrowers.
Student Lending Experience: Education Loan Finance isn't a start-up company - we have a longstanding history and expertise in serving student loan borrowers
Education Loan Finance Referral Program2: Refinance your student loan with us and earn $400 for each new client you refer through our generous referral program
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
2Visit website for full details. Restrictions apply.
228 Months
4.62 - 6.31%
variable APR
$106
$106 was calculated based on a $15,000 loan with a rate of 5.46% over 228 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
96 Months
4.65 - 8.72%
variable APR
$202
$202 was calculated based on a $15,000 loan with a rate of 6.69% over 96 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
4 - 6.15%
variable APR
$160
$160 was calculated based on a $15,000 loan with a rate of 5.08% over 120 months.
Per Month
Loan Details
10 Year Repayment Term
Variable interest rates from 4% to 6.15%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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.
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.
96.0000000000 Months
3.25 - 8.00%
fixed APR
$194
$194 was calculated based on a $15,000 loan with a rate of 5.63% over 96.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 3.25% for fixed rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
216 Months
5.2 - 8.72%
variable APR
$122
$122 was calculated based on a $15,000 loan with a rate of 6.96% over 216 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180 Months
6.07 - 7.05%
variable APR
$131
$131 was calculated based on a $15,000 loan with a rate of 6.56% over 180 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
168 Months
4.58 - 5.76%
fixed APR
$126
$126 was calculated based on a $15,000 loan with a rate of 5.17% over 168 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
N/A
N/A
$NaN
$NaN was calculated based on a $15,000 loan with a rate of 10.99% over months.
Per Month
Lender Disclosure
Lender Disclosure
156.0000000000 Months
3.25 - 8.00%
fixed APR
$136
$136 was calculated based on a $15,000 loan with a rate of 5.63% over 156.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 3.25% for fixed rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
60 Months
2.65 - 13.25%
variable APR
$304
$304 was calculated based on a $15,000 loan with a rate of 7.95% over 60 months.
Per Month
60 Months
3.5 - 5.55%
fixed APR
$280
$280 was calculated based on a $15,000 loan with a rate of 4.53% over 60 months.
Per Month
Loan Details
5 Year Repayment Term
Fixed interest rates from 3.5% to 5.55%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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.
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.
72.0000000000 Months
3.25 - 8.00%
fixed APR
$246
$246 was calculated based on a $15,000 loan with a rate of 5.63% over 72.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 3.25% for fixed rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
96 Months
4.67 - 8.77%
fixed APR
$202
$202 was calculated based on a $15,000 loan with a rate of 6.72% over 96 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
60 Months
2.39 - 5.29%
variable APR
$275
$275 was calculated based on a $15,000 loan with a rate of 3.84% over 60 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
144 Months
4.39 - 5.63%
variable APR
$139
$139 was calculated based on a $15,000 loan with a rate of 5.01% over 144 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
72 Months
3.39 - 5.41%
fixed APR
$237
$237 was calculated based on a $15,000 loan with a rate of 4.40% over 72 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
60 Months
3.82 - 14.50%
fixed APR
$310
$310 was calculated based on a $15,000 loan with a rate of 8.84% over 60 months.
Per Month
Loan Details
No application, origination or disbursement fees
Customize your loan with flexible repayment options
Discount for enrolling in automatic payments
Cover up to 100% of college tuition and living expenses with a minimum loan amount of $1,000 and up to $200,000
After making 24 consecutive on-time payments, you may be able to release your cosigner
100% U.S. based customer service
1% Cash Back Graduation Reward upon satisfaction of certain terms and conditions
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
Ascent Student Loans are funded by Richland State Bank (RSB), Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, and terms and conditions may apply. For Ascent Terms and Conditions please visit: www.AscentStudentLoans.com/Ts&Cs
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
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
180 Months
4.6 - 6.8%
fixed APR
$124
$124 was calculated based on a $15,000 loan with a rate of 5.70% over 180 months.
Per Month
Loan Details
15 Year Repayment Term
Fixed interest rates from 4.6% to 6.8%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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.
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.
60 Months
3.56 - 9.64%
variable APR
$294
$294 was calculated based on a $15,000 loan with a rate of 6.60% over 60 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
216 Months
4.79 - 6.39%
fixed APR
$110
$110 was calculated based on a $15,000 loan with a rate of 5.59% over 216 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180 Months
4.52 - 7.77%
fixed APR
$128
$128 was calculated based on a $15,000 loan with a rate of 6.14% over 180 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
60 Months
3.75 - 8.77%
fixed APR
$292
$292 was calculated based on a $15,000 loan with a rate of 6.26% over 60 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
4.23 - 13.23%
variable APR
$172
$172 was calculated based on a $15,000 loan with a rate of 6.75% over 120 months.
Per Month
Loan Details
No application, origination or disbursement fees
Customize your loan with flexible repayment options
Discount for enrolling in automatic payments
Cover up to 100% of college tuition and living expenses with a minimum loan amount of $2,000 and up to $200,000
After making 24 consecutive on-time payments, you may be able to release your cosigner
100% U.S. based customer service
1% Cash Back Graduation Reward upon satisfaction of certain terms and conditions
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
Ascent Student Loans are funded by Richland State Bank (RSB), Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations and terms and conditions may apply. For Ascent Terms and Conditions please visit: www.AscentStudentLoans.com/Ts&Cs
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
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
120 Months
4.02 - 5.59%
variable APR
$158
$158 was calculated based on a $15,000 loan with a rate of 4.80% over 120 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
156 Months
5.13 - 8.72%
variable APR
$146
$146 was calculated based on a $15,000 loan with a rate of 6.93% over 156 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
108 Months
4.65 - 8.72%
variable APR
$185
$185 was calculated based on a $15,000 loan with a rate of 6.69% over 108 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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 Months
5.01 - 8.72%
variable APR
$153
$153 was calculated based on a $15,000 loan with a rate of 6.87% over 144 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
192 Months
4.62 - 5.89%
variable APR
$116
$116 was calculated based on a $15,000 loan with a rate of 5.25% over 192 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180.0000000000 Months
2.88 - 7.63%
variable APR
$121
$121 was calculated based on a $15,000 loan with a rate of 5.25% over 180.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 2.88% for variable rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
60 Months
2.41 - 6.18%
variable APR
$278
$278 was calculated based on a $15,000 loan with a rate of 4.29% over 60 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
84 Months
4.66 - 8.77%
fixed APR
$224
$224 was calculated based on a $15,000 loan with a rate of 6.71% over 84 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
132 Months
4.42 - 5.72%
fixed APR
$148
$148 was calculated based on a $15,000 loan with a rate of 5.07% over 132 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
60 Months
3.66 - 9.64%
variable APR
$295
$295 was calculated based on a $15,000 loan with a rate of 6.65% over 60 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
180 Months
2.71 - 12.99%
variable APR
$167
$167 was calculated based on a $15,000 loan with a rate of 10.63% over 180 months.
Per Month
Loan Details
No application, origination or disbursement fees
Customize your loan with flexible repayment options
Discount for enrolling in automatic payments
Cover up to 100% of college tuition and living expenses with a minimum loan amount of $1,000 and up to $200,000
After making 24 consecutive on-time payments, you may be able to release your cosigner
100% U.S. based customer service
1% Cash Back Graduation Reward upon satisfaction of certain terms and conditions
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
Ascent Student Loans are funded by Richland State Bank (RSB), Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, and terms and conditions may apply. For Ascent Terms and Conditions please visit: www.AscentStudentLoans.com/Ts&Cs
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
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
120 Months
3.82 - 14.50%
fixed APR
$220
$220 was calculated based on a $15,000 loan with a rate of 12.50% over 120 months.
Per Month
Loan Details
No application, origination or disbursement fees
Customize your loan with flexible repayment options
Discount for enrolling in automatic payments
Cover up to 100% of college tuition and living expenses with a minimum loan amount of $1,000 and up to $200,000
After making 24 consecutive on-time payments, you may be able to release your cosigner
100% U.S. based customer service
1% Cash Back Graduation Reward upon satisfaction of certain terms and conditions
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
Ascent Student Loans are funded by Richland State Bank (RSB), Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, and terms and conditions may apply. For Ascent Terms and Conditions please visit: www.AscentStudentLoans.com/Ts&Cs
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
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
180 Months
6.09 - 8.34%
fixed APR
$137
$137 was calculated based on a $15,000 loan with a rate of 7.21% over 180 months.
Per Month
Loan Details
Low Rates and Flexible Terms1: Education Loan Finance strives to offer among the lowest student loan refinancing rates in the industry for both fixed and variable rate loans with flexible terms from 5 to 20 years
No Application Fees, Origination Fees, or Prepayment Penalties
Loan Amounts Starting at $10,000 and Up
Consolidate Multiple Loans (Federal and Private) into One Easy Monthly Payment. Refinancing of Parent Loans Also Offered.
Get Your Rate. With Education Loan Finance's Find My Rate tool, you can complete a short application to receive a preliminary quote on your eligible rates and terms, all without affecting your credit score.
Apply in Minutes. Our online loan application is fast and simple.
Outstanding Personalized Service. Our Student Loan Advisors specialize in helping borrowers save money by recommending personalized refinance options for eligible borrowers.
Student Lending Experience: Education Loan Finance isn't a start-up company - we have a longstanding history and expertise in serving student loan borrowers
Education Loan Finance Referral Program2: Refinance your student loan with us and earn $400 for each new client you refer through our generous referral program
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
2Visit website for full details. Restrictions apply.
240 Months
4.62 - 6.43%
variable APR
$103
$103 was calculated based on a $15,000 loan with a rate of 5.53% over 240 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
4.65 - 8.72%
variable APR
$172
$172 was calculated based on a $15,000 loan with a rate of 6.69% over 120 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
5.84 - 8.14%
fixed APR
$174
$174 was calculated based on a $15,000 loan with a rate of 6.99% over 120 months.
Per Month
Loan Details
Low Rates and Flexible Terms1: Education Loan Finance strives to offer among the lowest student loan refinancing rates in the industry for both fixed and variable rate loans with flexible terms from 5 to 20 years
No Application Fees, Origination Fees, or Prepayment Penalties
Loan Amounts Starting at $10,000 and Up
Consolidate Multiple Loans (Federal and Private) into One Easy Monthly Payment. Refinancing of Parent Loans Also Offered.
Get Your Rate. With Education Loan Finance's Find My Rate tool, you can complete a short application to receive a preliminary quote on your eligible rates and terms, all without affecting your credit score.
Apply in Minutes. Our online loan application is fast and simple.
Outstanding Personalized Service. Our Student Loan Advisors specialize in helping borrowers save money by recommending personalized refinance options for eligible borrowers.
Student Lending Experience: Education Loan Finance isn't a start-up company - we have a longstanding history and expertise in serving student loan borrowers
Education Loan Finance Referral Program2: Refinance your student loan with us and earn $400 for each new client you refer through our generous referral program
1Subject to credit approval. Terms and conditions apply. http://www.elfi.com/terms/
2Visit website for full details. Restrictions apply.
2Visit website for full details. Restrictions apply.
240 Months
4.5 - 6.65%
variable APR
$104
$104 was calculated based on a $15,000 loan with a rate of 5.58% over 240 months.
Per Month
Loan Details
20 Year Repayment Term
Variable interest rates from 4.5% to 6.65%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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.
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.
156 Months
4.41 - 5.64%
variable APR
$131
$131 was calculated based on a $15,000 loan with a rate of 5.03% over 156 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
240 Months
4.70 - 7.95%
variable APR
$110
$110 was calculated based on a $15,000 loan with a rate of 6.33% over 240 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
60.0000000000 Months
3.25 - 8.00%
fixed APR
$287
$287 was calculated based on a $15,000 loan with a rate of 5.63% over 60.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 3.25% for fixed rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
60 Months
3.18 - 13.92%
variable APR
$304
$304 was calculated based on a $15,000 loan with a rate of 7.95% over 60 months.
Per Month
228 Months
4.79 - 6.41%
fixed APR
$107
$107 was calculated based on a $15,000 loan with a rate of 5.60% over 228 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
5.64 - 9.64%
variable APR
$179
$179 was calculated based on a $15,000 loan with a rate of 7.64% over 120 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
144.0000000000 Months
3.25 - 8.00%
fixed APR
$144
$144 was calculated based on a $15,000 loan with a rate of 5.63% over 144.0000000000 months.
Per Month
Loan Details
Refinance and consolidate both federal and private student loans
Rates as low as 3.25% for fixed rates1
5 to 15 year repayment terms2
No application or origination fees
3 minutes to fill out application and receive instant credit decision
Choose immediate full payments or 2 years of interest only
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
College Ave Student Loans products are made available through either Firstrust Bank, member FDIC or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply.
1The 0.25% auto-pay interest rate reduction applies as long as the borrower or cosigner, if applicable, enrolls in auto-pay and authorizes our loan servicer to automatically deduct your monthly payments from a valid bank account via Automated Clearing House ("ACH"). The rate reduction applies for as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and certain deferments. 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.
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.
108 Months
4.67 - 8.77%
fixed APR
$185
$185 was calculated based on a $15,000 loan with a rate of 6.72% over 108 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
72 Months
4.04 - 8.72%
variable APR
$251
$251 was calculated based on a $15,000 loan with a rate of 6.38% over 72 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180 Months
4.62 - 5.7%
variable APR
$120
$120 was calculated based on a $15,000 loan with a rate of 5.16% over 180 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
5.54 - 9.64%
variable APR
$179
$179 was calculated based on a $15,000 loan with a rate of 7.59% over 120 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
204 Months
4.79 - 6.29%
fixed APR
$114
$114 was calculated based on a $15,000 loan with a rate of 5.54% over 204 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
120 Months
3.75 - 6.8%
variable APR
$161
$161 was calculated based on a $15,000 loan with a rate of 5.28% over 120 months.
Per Month
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
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown. 1All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on 1-month LIBOR
60 Months
2.71 - 12.99%
variable APR
$300
$300 was calculated based on a $15,000 loan with a rate of 7.45% over 60 months.
Per Month
Loan Details
No application, origination or disbursement fees
Customize your loan with flexible repayment options
Discount for enrolling in automatic payments
Cover up to 100% of college tuition and living expenses with a minimum loan amount of $1,000 and up to $200,000
After making 24 consecutive on-time payments, you may be able to release your cosigner
100% U.S. based customer service
1% Cash Back Graduation Reward upon satisfaction of certain terms and conditions
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
Ascent Student Loans are funded by Richland State Bank (RSB), Member FDIC. Loan products may not be available in certain jurisdictions. Certain restrictions, limitations, and terms and conditions may apply. For Ascent Terms and Conditions please visit: www.AscentStudentLoans.com/Ts&Cs
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
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
60 Months
3.2 - 5.39%
fixed APR
$278
$278 was calculated based on a $15,000 loan with a rate of 4.29% over 60 months.
Per Month
Loan Details
Earnest uses data and technology to understand every applicant's unique financial story and offer customized rates
Lower rates based on your future potential and full financial profile, not just your FICO® score
More savings: Earnest clients save $21,810 on average by refinancing
Flexible terms that let you pick your exact monthly payment, prepay with no penalty, or pay bi-weekly
Lifetime service provided in-house. Unlike other lenders, Earnest will never pass you off to third-party servicers
No fees for origination, prepayment or loan disbursement
Two-minute rate check with no obligation or impact to your credit score
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.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
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.
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.
180 Months
4.25 - 6.4%
variable APR
$121
$121 was calculated based on a $15,000 loan with a rate of 5.33% over 180 months.
Per Month
Loan Details
15 Year Repayment Term
Variable interest rates from 4.25% to 6.4%
No maximum loan amount; $5,000 minimum
No origination fees, no prepayment penalties, and no obligation to accept the offer
Check your rates in minutes online without impacting your credit score
Private and Federal loans are eligible
0.25% rate discount for making automatic payments from a checking account
Co-signer option
$100/month repayment option for medical and dental residents
Average borrower saves over $20,000* when refinancing with Laurel Road
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
ELIGIBILITY & ELIGIBLE LOANS
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
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