Student Loan Refinancing Repayment Examples

The below example will depict APR, monthly payment, and total payments through the life of a loan at $10,000 with single disbursement.

All student loans examples below will take into account the auto-pay discount which is generally (0.25%). Note that this may be different for each lender so do check out refinance page to get an accurate rate for auto-pay discounts per lender. The below example is also taking into account that there are no prepayment fees, application fees, or origination fees. LIBOR – is a widely used benchmark that the world uses for short-term interest rates. To get a better idea of what LIBOR is and how it will change your rate, take a look at this link.

Your actual interest rate may differ from the examples below and will depend heavily on the terms of the loan, APR, and other financial information such as your financial history. This will also apply to a co-signer (if applicable). To get a better idea of the current rates for refinancing student loans, head over to our refinance page.

State restrictions may apply. Check with your lender before applying regarding state restrictions.

Student Loan Refinancing Repayment Examples
Loan Repayment Terms and Examples


Above rates are examples and should be treated as such. To get a better idea of what your rates could look like, head over to our student loan refinancing page via the link below to compare rates from some of the biggest lenders in the space. Take control of your student loan debt today.

Current Student Loan Refinance Lender Offerings

*Any terms, rates, or other student loan related information listed on The Student Loan Calculator’s website or blog is provided as is and without any warranty or guarantee. The displayed information is not intended to legally bind The Student Loan Calculator or any of its lending partners on The Student Loan Calculator. The displayed rates and terms are based on information provided to The Student Loan Calculator via its lenders. Rates will vary depending on credit information, employment history, and income statements as a few examples. The Student Loan Calculator is not a lender and is not involved with approving or granting loans through the approval process. If you would like more information on a specific loan, please head over to that lender’s website to further view terms and conditions. For any questions or concerns please email us at [email protected]

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