Student Loan
Student Loan Refinance Calculator
Compare your current student loan payments with a refinanced private loan. Calculate monthly savings, total interest savings, and the trade-offs of refinancing federal loans to private.
New Monthly Payment
$625.51
Current Payment
$602.38
Monthly Savings
-$23.13
Total Interest Savings
$5,285.92
New Total Interest
$7,542.61
Current Total Interest
$12,828.52
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Payment Breakdown
Principal
$0.00 (0.0%)
Interest
$7,542.61 (100.0%)
How This Calculator Works
Compares remaining cost of your current loan versus a new refinanced loan. Shows monthly payment difference, total interest savings, and overall cost comparison.
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Disclaimer: This calculator provides estimates for informational purposes only. Results are based on the information you provide and standard financial formulas. Actual loan terms, rates, and payments may vary. This is not financial advice. Please consult with a qualified financial professional and verify all figures with your lender before making borrowing decisions.