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Student loan refinance calculator


A student loan refinance calculator is a smart way to calculate your savings when you refinance student loans. With a student loan refinance calculator, a student loan borrower can compute the savings that can be generated through student loan refinancing. When a borrower refinances student loans, the refinance student loan calculator shows the monthly and total payment savings by reducing the interest rate. – PowerPoint PPT presentation

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Title: Student loan refinance calculator

Student Loan Refinancing
  • Paying off student loans can be a big hurdle for
    many student loan borrowers. Thats why I am a
    big proponent of a student loan prepayment
    calculator. A student loan prepayment
    calculatorhelps you calculate how long it will
    take to pay off student loans. You can choose to
    make a prepayment on your student loans such
    adding an extra amount each month to your student
    loan payment. This will help pay off your student
    loans faster.


About Student Loan Refinancing
If you want to pay off student loans faster,
using a student loan prepayment calculator is a
must. A student loan prepayment calculator will
calculate your cost savings from paying off your
student loans early. You have several choices.
First, you could make a one-time payment. Second,
you could pay more each month on top of your
minimum student loan payment. When student loan
borrowers want to prepay student loans, the good
news is that student loans have no prepayment
penalty. That means student loan borrowers can
pay off student loans as quickly or as long as
they want. A good online student loan prepayment
calculator helps a borrower learn the impact to
his or her student loans through student loan
prepayment of various amounts.
Student Loan Refinance Comparison

SoFi members save 22,359 on average
when refinancing their student loans.
Earnest members can save 21,810 on average by
refinancing their student loans.
First Republic's low rates and customized
solutions may help you pay off your student
debt faster.
LendKey members can save 15,270 on
average by refinancing their student loans.
Student Loan Refinancing Compare The Best
Lenders of 2017
Lender Rates (APR) Loan Terms (Years)

2.57 - 6.39
5 - 20
2.82 - 6.74
5, 7, 10, 15, 20
5, 7,
10, 15, 20
2.58 - 7.26
5, 8, 10, 12, 15, 20
2.77 - 8.24
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