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$26 billion
Total Student
Loans Refinanced
460,000+
Happy Clients
Earned
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Excellent — 4.6 out of 5
Low Rates
See if you save on interest rates
Don’t settle for a high rate when you could be paying much less. Check your rate with no credit impact.
Fixed APR¹
4.45%APR
Variable
5.88%APR
These are our lowest starting rates and contain our 0.25%
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.
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 up to a 9-month grace period2
Up to 180 ways to customize your loan. Pick your exact monthly payment.
See payment scenarios and how rates and term options impact your loan
Get a $200 referral bonus3 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
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Reviews
Here’s why our clients love us
Award-winning student loan refinancing
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Frequently asked questions about Parent PLUS refinancing
Have more questions? Visit the Resource Center.
1 Actual rate will vary based on your financial profile. Fixed annual percentage rates (APR) range from 4.20%–10.24% (3.95%–9.99% with 0.25% Auto Pay discount). Variable annual percentage rates (APR) range from 6.13%–10.24% (5.88%–9.99% with 0.25% Auto Pay discount). Earnest variable interest rate student loan refinance loans are based on a publicly available index, the 30-day Average Secured Overnight Financing Rate (SOFR) published by the Federal Reserve Bank of New York. The variable rate is based on the rate published on the 25th day, or the next business day, of the preceding calendar month, rounded to the nearest hundredth of a percent. The rate will not increase more than once a month, but there is no limit on the amount that the rate could increase at one time. Please note, we are not able to offer variable rate loans in AK, IL, MN, MS, NH, OH, TN, and TX. Our lowest rates are only available for our most credit qualified borrowers and requires selection of our shortest term offered and enrollment in our .25% auto pay discount from a checking or savings account. Enrolling in Auto Pay is not required as a condition for approval.
2 Earnest will match up to nine months of your current grace period from your refinance date, or until your original grace period end date (whichever occurs first). Not available with the Principal and Interest Repayment plan while in school. Proof of grace and income verification required.
3 Terms and conditions apply. See https://www.earnest.com/referral-terms. Referral rewards amounts of $600 or greater in a single calendar year may be reported to the Internal Revenue Service (IRS) as miscellaneous income to the recipient on Form 1099-MISC in the year received as required by applicable law. Recipient is responsible for any applicable federal, state, or local taxes associated with receiving the reward offer; consult your tax advisor to determine applicable tax consequences.
Referral Bonuses cannot be issued to residents in KY, MA, or MI.
4 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.
5 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.