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REFINANCE STUDENT LOANS

Pay less interest.

Get more choice.

We offer student loan refinancing that fits your budget—clients save $30,939 on average. Get your rate estimate without affecting your credit score.
2 Min: Get Your Rate

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You earned a degree

Now you deserve a better interest rate

VARIABLE RATES

Starting at 2.47% APR
(including 0.25% Auto Pay discount)

FIXED RATES

Starting at 3.89% APR
(including 0.25% Auto Pay discount)

Paying off your student loans is easy with our dashboard

Payment flexibility, no fees, smart design

  • Choose your preferred payment based on your budget
  • Increase payment anytime to pay off loan faster
  • Adjust your payment date anytime with ease

  • Make extra or early payments without fees
  • Skip a payment and make it up later
  • Consolidate your private and federal loans

earnest student loans mobile app

To be able to pay off my student loans before their original term date and save so much on the life of the loan is huge.

NOEL TRUE, NYU MFA – $85,900 REFINANCED, $38,400 SAVED

Get Your Rate

A refinancing experience built to save you time and money

QUICK & SIMPLE TO APPLY

ESTIMATE

By analyzing information beyond your credit score, we can provide an instant rate estimate. You'll receive your final rate when your application has been approved.

APPLICATION

Our application gathers further information to fill out your profile—such as indicators of financial responsibility. Read our eligibility guide.

DECISION

We look at data other lenders don’t (like your savings, education, and earning potential) to offer fair, customized rates. Read more about what makes us different.

DONE

If you’re approved to refinance, you can set your preferred monthly payment, based on your budget. Learn about our money-saving Precision Pricing.

ESTIMATE

By analyzing information beyond your credit score, we can provide an instant rate estimate. You'll receive your final rate when your application has been approved.

APPLICATION

Our application gathers further information to fill out your profile—such as indicators of financial responsibility. Read our eligibility guide.

DECISION

We look at data other lenders don’t (like your savings, education, and earning potential) to offer fair, customized rates. Read more about what makes us different.

DONE

If you’re approved to refinance, you can set your preferred monthly payment, based on your budget. Learn about our money-saving Precision Pricing.

Get Your Rate

Student Loan Refinancing 101

Why Refinance Student Loans?

When you refinance student loans, you get credit for the positive changes to your financial profile since you originally took out the loans. A student loan refinance is a good choice for people who have seen advances in their income, career, or credit score since they were in school.

Our data-driven evaluation of your full financial profile gives us the ability to offer qualified borrowers lower, more personalized rates than traditional lenders can. So whether you want to pay off your student faster or just reduce your student loan payments, we can help.

Refinancing vs. Consolidation

Student loan consolidation is the process of unifying several loans with different rates and terms into a single loan with a single payment. The blended interest rate is determined by calculating the weighted average interest rate of the original loans (meaning higher balance loans have greater impact). Consolidating student loans does not affect the amount of interest you pay—it just simplifies your payments.

Refinancing student loans, on the other hand, is a step beyond consolidation. When you refinance multiple loans, the lender will evaluate your current financial profile to provide a rate that reflects your financial progress since you originally took out the loans. Whereas consolidation just streamlines bills, refinancing also shrinks them. Read more about refinancing vs. consolidation on our blog.

Credit is complicated—learn the basics here

We’ve put together a library of essential resources (like how-to guides, comparisons, and calculators) to help you make better choices when it comes to refinancing student loans. And keep an eye out—we’re always adding more.

Browse Resource Library

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Earnest Student Loan Refinancing Reviews

See what our clients have to say

4.83/5 ( 177 reviews )

Quick and easy to refinance

Hi refinanced my student loans with Earnest and it was super fast and easy! Between comparing rates, uploading info, and getting approved it only took 2 hours. I'm also saving THOUSANDS of dollars in interest and shaving 2 years off of my repayment. Very excited about that.

Morgan L. - Cambridge, MA
Providence College, Bachelors

Cautiously refinanced

After reviewing many negative online reviews, I was hesitant about moving forward in refinancing my loans in order to reduce my interest rate. Many of the comments were about people complaining they were not selected, or the user interface with the website. I happened to be selected and have had zero issues with the user interface. My previous loan was paid off within 10 days, so far this has been a great experience

Daniel S. - Raleigh, NC
University of North Carolina at Chapel Hill, PharmD

Excellent customer service for a simpler student loan experience

I chose to refinance with Earnest because they offered me the most competitive interest (variable) rate among a slew of different competitors. I have really felt validated in my choice. Earnest has consistently great customer service - very responsive to both email and phone (though you might be put on hold for awhile if you decide to call). Their online dashboard is super simple and easy to get around, which is not always the case for these things. I was so happy with Earnest that I decided to re-refinance my loan - they make this option available if you make at least 6 months of on-time payments. I was hoping to get a much better fixed interest rate, as my variable rate was spiking due to the recent Fed changes. They were able to match a competing offer that I received from a different lender. I was very happy they did, because I wouldn't want to leave.

Kimmie N. - San Luis Obispo, CA
University of Southern California, Masters of Science or Engineering
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Reviews solicited from random sample of Earnest clients since July 2017. All responses are published here in full. No compensation was provided in exchange for reviews.