Top Refinancing Lenders That Match Your Results!
Verified! Our choices let you check your rates for free—with no credit impact.
Best Marketplace
- Rates as low as 3.85% to 12.66% APR
- Compare prequalified rates in 2 minutes
- Offers a best rate guarantee
- No fees or impact on your credit score
- Federal, private, and Parent PLUS loans are eligible
- Rates as low as 3.85% to 12.66% APR
- Compare prequalified rates in 2 minutes
- Offers a best rate guarantee
- No fees or impact on your credit score
- Federal, private, and Parent PLUS loans are eligible
Best Online Lender
- Rates as low as 4.49% to 9.99% APR with autopay
- Get pre-approved in 2 minutes
- 100% free with no fees
- Access SoFi Travel benefits
- Use rewards points to pay toward loans
- Refinance up to 100% of your balance
- Rates as low as 4.49% to 9.99% APR with autopay
- Get pre-approved in 2 minutes
- 100% free with no fees
- Access SoFi Travel benefits
- Use rewards points to pay toward loans
- Refinance up to 100% of your balance
Best Bank to Refinance
- Rates as low as 5.90% to 12.35% APR
- Up to 0.50% in rate discounts
- Choose your repayment terms
- See rates in 2 minutes with no credit impact
- Quote is valid for 30 days
- Rates as low as 5.90% to 12.35% APR
- Up to 0.50% in rate discounts
- Choose your repayment terms
- See rates in 2 minutes with no credit impact
- Quote is valid for 30 days
Great Comparison Tool
- Rates as low as 4.19% to 5.49% APR
- Prequalify in 3 minutes or less
- No application fees
- Checking rates doesn’t impact your credit
- Rates as low as 4.19% to 5.49% APR
- Prequalify in 3 minutes or less
- No application fees
- Checking rates doesn’t impact your credit
Compare rates and funding
FAQ
What Does Refinancing Cost?
Refinancing itself usually doesn’t have a direct cost. Most lenders don’t charge application, origination, or prepayment fees. However, be mindful of potential changes in terms and interest rates, as they can affect the overall loan cost.
Can You Refinance Multiple Times?
Yes, you can refinance multiple times if it makes financial sense for you. Always compare current rates and terms with what you can qualify for to ensure refinancing aligns with your financial goals.
Can You Transfer Parent PLUS Loans?
Yes, some lenders allow Parent PLUS loans to be transferred to the child through refinancing. It’s essential to verify the lender offers this option and to understand the implications of transferring the loan responsibility and the loss of federal loan protections.
When Is the Best Time to Refinance?
The best time to refinance is when it aligns with your financial goals, such as securing a lower interest rate or consolidating loans for easier management. Stable employment is also a factor. Monitoring interest rates and your financial situation will guide this decision.