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$23.5 billion
Total Student
Loans Refinanced
290,000+
Happy Clients
Earned
)
)
Overall Rating
Please note that you will lose benefits associated with your underlying federal loans, such as federal Income-driven Repayment Plans, Economic Hardship Deferment, Public Service Loan Forgiveness, or other deferment and forbearance options, if you refinance into a private loan. If you file for bankruptcy, you may still be required to pay back this loan. See https://studentaid.gov for more information.
Why Earnest?
Why borrowers choose Earnest
Refinancing options designed to fit your life. And the option to refinance later when life changes.
Never pay any fees, not even late payment fees
More time after graduation with a 9-month grace period
Up to 180 ways to customize your loan. You choose how much you pay
See payment scenarios and how rates and term options impact your loan
Get a $200 referral bonus when you tell others about Earnest
Get 0.25% off your rate with
Consolidate federal and private student loans in one easy payment
Skip a payment once per year when you need breathing room
)
Fixed
4.35%APR
( including 0.25%
discount )
Variable
5.88%APR
( including 0.25%
discount )
These are our lowest starting rates and contain our 0.25% Auto Pay discount from a checking or savings account. Some borrowers may see higher rates based on their credit. Variable rates not available in AK, IL, MN, NH, OH, TN, and TX.
Common Refinancing Misconceptions
De-mystifying student loan refinancing
Are you interested in learning how refinancing works and where to begin? Explore these common misconceptions about refinancing to dispel the myths on your path to financial freedom.
Why Earnest?
Here’s why our clients love us
Get the FAQs on student loan refinancing
Have more questions? Visit the Help Center.
The Earnest Blog
Read up on student loan refinancing
1 Choosing to refinance to a longer term may lower your monthly payment, but increase the amount of interest you may pay. Choosing to refinance to a shorter term may increase your monthly payment, but lower the amount of interest you may pay. Review your loan documentation for the total cost of your refinanced loan.
*As a result of ongoing court actions, the terms of some Income-Driven Repayment (IDR) plans may be subject to change. Please refer to studentaid.gov for the current status of these plans.