Explore student
loan refinancing options.
See whether replacing your current student loans with a new private loan could fit your plans. Compare offers from participating lenders; rates and terms vary by lender.
From balances to options
Get a clearer picture of refinancing before you give anything up.
Estimate a refinanced student loan payment
Enter the balance you'd refinance, a term and an APR to see an illustrative fixed monthly payment and total interest.
Estimates only, based on the numbers you enter. Not an offer of credit. Lendara is not a lender.
Questions, answered
What happens to my federal loan benefits if I refinance?
Refinancing federal loans into a private loan ends access to federal benefits such as income-driven repayment, loan forgiveness programs and federal deferment or forbearance. Once refinanced, the loan can't be moved back to the federal program.
Will refinancing lower my payment?
Not always. It depends on the APR, term and fees you're offered compared with your current loans. Rates and terms vary by lender, and no savings are guaranteed.
Will I be approved?
Approval isn't guaranteed. Each participating lender reviews your credit, income and other details and decides eligibility, rate and terms. Some lenders may ask for a cosigner.
Is Lendara a lender?
No. Lendara is a free online marketplace that connects you with participating lenders. We do not make credit decisions or lend money directly.
How does Lendara make money?
We may receive compensation from partners when you view or engage with offers. This can influence which offers appear and their order.
Related guides
- What to Know Before Refinancing Student Loans
How student loan refinancing works, what you give up when you refinance federal loans, and the details worth comparing before you switch to a private lender.
- How to Refinance Student Loans, Step by Step
A step-by-step guide to refinancing student loans with a private lender: what to check first, what you give up on federal loans, how to compare offers and what to do after you apply.
- Fixed vs. Variable Rates When Refinancing Student Loans
How fixed and variable rates work on a student loan refinance, the trade-offs of each, and the questions worth asking before you choose — plus what refinancing federal loans gives up.
Lendara is a marketplace, not a lender, and does not make credit decisions. Refinancing federal student loans with a private lender means losing federal benefits such as income-driven repayment, forgiveness programs and deferment. Rates and terms vary by lender and are determined by the lender. Applying with a lender may result in a hard inquiry. We do not guarantee approval, rates or savings.