Student Loan Refinance Calculator

Refinancing your student loans can help you meet your financial goals, whether you want to pay off your debt sooner, reduce the total cost of the loan, or lower your monthly payment. It can also let you consolidate multiple student loans, including federal and private student loans, into one easy-to-manage loan. And with our transparent pricing, you can estimate your rate before you apply. Using the student loan refinance calculator below, you can enter up to five student loans to see how refinancing your student loans can help you meet your goals.


Add your loans

Principal Amount

$

Current Interest Rate

%

Remaining Loan Term

mo

Monthly payment: $

Using the calculator

  1. Enter your student loan details.
  2. If you have multiple loans, add them separately. To add or remove loans, use the + or - buttons. We will calculate the weighted average interest rate for you.
  3. The Remaining Loan Term is the number of months remaining until your current loan is paid off.
    TIP: Don't know your remaining term? Log into your current loan servicer's system to find the payoff date, or check a recent statement.
  4. Select your credit score and the interest rate type of your new loan to see how much you can save.

Compare to a Brazos Refinance Loan13

Select a Rate Type
Select Your Credit Score9
Your
Loan(s)

Monthly Payment
Total Loan Amount
$

% APR
Total Interest14

Brazos
5-year

Monthly Payment
60
Payments

% APR1
Total Interest14

Total Savings14

Brazos
7-year

Monthly Payment
84
Payments

% APR1
Total Interest14

Total Savings14

Brazos
10-year

Monthly Payment
120
Payments

% APR1
Total Interest14

Total Savings14

Brazos
15-year

Monthly Payment
180
Payments

% APR1
Total Interest14

Total Savings14

Brazos
20-year

Monthly Payment
240
Payments

% APR1
Total Interest14

Total Savings14

(Variable rates and amounts subject to increase or decrease. Variable rates are indexed to the one-month LIBOR rate and assume a one-month LIBOR rate of %.)

Additional Resources

Student loan refinance isn't the right choice for everyone. You should carefully consider other aspects of your current student loan(s), such as any deferment or forbearance options, special repayment plans, or loan forgiveness options that you may give up by refinancing.

Still not sure if refinancing your student loans is the right choice for you? Check out our Student Loan Refinance Guide and FAQs for more information.

BRAZOS RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. Brazos loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Program restrictions, other terms, and conditions apply. All loans are subject to individual approval and adherence to eligibility requirements and underwriting guidelines. Not all borrowers receive the lowest rate. If approved, your actual rate will be within the range of rates listed in this website and will depend on a variety of factors, including whether your loan has a fixed or variable interest rate, the term of the loan and your credit score. Rates and Terms are subject to change at any time without notice. Brazos loans are originated by Brazos Education Lending Corporation.

None of the information contained in this website constitutes a recommendation, solicitation or offer by Brazos or Brazos Higher Education to buy or sell any securities or other financial instruments or other assets or provide any investment advice or service.


How can we improve this site? Let us know.