Student Loan Refinance Calculator
Last updated: July 2026
Compare current student loan payments and interest with a proposed refinance.
Estimated monthly savings
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- Current monthly payment: —
- Refinanced monthly payment: —
- Estimated lifetime savings: —
- Fee break-even period: —
On this page
Quick summary: Compare current student loan payments and interest with a proposed refinance. Enter realistic assumptions and compare more than one scenario before making a financial, insurance or home-improvement decision.
Read the complete guide
What this calculator estimates
Compare current student loan payments and interest with a proposed refinance. It is designed for fast planning and comparison in the United States. The output is an estimate, not a binding quote, approval, tax determination, insurance offer or professional recommendation.
How to use it
Enter the requested values using a single consistent time period and currency. Select Calculate, review the headline result and supporting figures, then change one assumption at a time to compare another scenario.
How the calculation works
The calculator amortizes the current and proposed loans separately, includes entered refinance fees in the new balance, and compares monthly and lifetime totals.
Important limitations
Refinancing federal student loans into a private loan can permanently remove federal protections, repayment options and forgiveness eligibility.
Frequently asked questions
Is the result exact?
No. It is a planning estimate based on the assumptions entered.
Can I compare different scenarios?
Yes. Change one input at a time so you can see which assumption changes the result.
Does the calculator store my inputs?
The calculation runs in the browser and does not require an account. Avoid entering unnecessary confidential information.