Low rate for consolidating student loan
Never had to wait on hold and there has been very little unnecessary back-and-forth.” JORDAN PRESNICK, ,300 LOAN The chart below displays the range of loan options for APR (annual percentage rate), monthly payments, and total payments based on a hypothetical ,000 loan amount.
Your own interest rate will depend on the term you choose, as well as your financial profile.
The rates and terms listed on our website are estimates and are subject to change at any time.
Please do your homework and let us know if you have any questions or concerns.
We evaluate extra data beyond your credit score, like your savings habits, education, and earning potential.
Simply put, a personal loan lets people borrow money for a set timeframe (known as the loan term), and pay it back in even monthly payments.So Fi’s average lifetime savings methodology for student loan refinancing excludes refinancings in which: 1) members elect So Fi loans with longer maturity than their existing student loans; 2) the term length of the member’s original student loan(s) is greater is than 30 years; 3) the member did not provide correct or complete information regarding his or her outstanding balance, loan type, APR, or current monthly payment. Check out this blog post that provide more information: When to Consolidate Federal and Private Loans by Refinancing.So Fi excludes the above refinancings in an effort to maximize transparency on how we calculate our average lifetime savings amount and to minimize the risk of member data error skewing the average lifetime savings amount.“So Fi refinancing my student loans probably saved around K. Or, call us for a free consultation about your particular situation.Contact our Client Happiness team via email, chat, or phone to request this change or adjust the request by logging in to your Earnest account.Lifetime savings calculation of ,767 is based on all So Fi members who refinanced their student loans between January 2017 and April 2018.