Refinancing of citizens’ student loan

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Ideal for refinancing with a national bank

Do not disclose

2.69 – 9.15%

Education Refinance Loan Rate Disclosure: Variable interest rates range from 2.24% to 8.90% (2.24% to 8.90% APR). Fixed interest rates range from 2.69% to 9.15% (2.69% to 9.15% APR).

2.24 – 8.90%

Education Refinance Loan Rate Disclosure: Variable interest rates range from 2.24% to 8.90% (2.24% to 8.90% APR). Fixed interest rates range from 2.69% to 9.15% (2.69% to 9.15% APR).

See my rates

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Laurel Road Student Loan Refinancing

Laurel Road Student Loan Refinancing

Ideal for refinancing with a national bank

660

2.50 – 6.00%

Fixed rate options consist of a range of 3.00% per annum to 5.00% per annum for a term of 5 years, from 3.60% per annum to 5.30% per annum for a term of 7 years, from 4.10% per year to 5.60% per year for a term of 10 years, 4.50% per year to 5.65% per year for a term of 15 years, or 4.60% per year year at 6.20% per year for a term of 20 years, without set-up costs. The fixed interest rate will apply until the loan is fully repaid (whether before or after the default, and before or after the expected maturity date of the loan). The monthly payment for a sample loan of $ 10,000 at a range of 3.75% per annum to 5.80% per annum for a term of 5 years would be $ 183.04 to $ 192.40. The monthly payment for a sample loan of $ 10,000 at a range of 5.14% per annum to 6.25% per annum for a term of 7 years would be $ 142.00 to $ 147.29. The monthly payment for a sample loan of $ 10,000 at a range of 5.24% per annum to 6.65% per annum for a term of 10 years would be $ 107.24 to $ 114.31. The monthly payment for a sample loan of $ 10,000 at a range of 5.30% per annum to 7.05% per annum for a term of 15 years would be $ 80.65 to $ 90.16. The monthly payment for a sample loan of $ 10,000 at a range of 5.61% per annum to 7.27% per annum for a term of 20 years would be $ 69.41 to $ 79.16. However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the fixed rate will decrease by 0.25%, and rise to the fixed interest rate. regular described in the previous paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the nominated borrower’s bank account.

1.89 – 5.90%

Variable rate options consist of a range of 1.99% per year to 6.05% per year for a term of 5 years, from 3.75% per year to 6.10% per year for a term of 7 years , from 4.00% per year to 6.15% per year for a 10-year term, 4.25% per year to 6.40% per year for a 15-year term, or 4.50% per year at 6.65% per year for a term of 20 years, without set-up costs. The APR is subject to increase after consumption. The Variable Interest Rate will change on the first day of each month (“Change Date”) if the current Index changes. The variable interest rates are based on a current index, which is the 1-month London Interbank Offered Rate (LIBOR) (US dollar currency), as published on the Wall Street Journal website. Variable interest rates and the Annual Percentage Rate (APR) will increase or decrease when the 1-month LIBOR index changes. Variable interest rates are calculated by adding a margin ranging from 0.98% to 3.80% for the 5 year term loan, 2.35% to 3.85% for the 7 year term loan, 2.40% to 3.90% for the 10-year term loan, 2.65% to 4.15% for the 15-year term loan and 2.90% to 4.40% for the term loan 20 years, respectively, to the 1-month LIBOR index published on the 25th of each month immediately preceding each “Modification Date”, as defined above, rounded to two decimal places, without origination fees. If the 25th day of the month is not a business day or is a US Federal holiday, the reference date will be the most recent date preceding the 25th day of the month which is a business day. The monthly payment for a sample loan of $ 10,000 at a range of 3.49% per annum to 6.31% per annum for a term of 5 years would be $ 181.87 to $ 194.77. The monthly payment for a sample loan of $ 10,000 at a range of 4.86% per annum to 6.36% per annum for a term of 7 years would be $ 140.68 to $ 147.82. The monthly payment for a sample loan of $ 10,000 at a range of 4.91% per annum to 6.41% per annum for a term of 10 years would be $ 105.63 to $ 113.09. The monthly payment for a sample loan of $ 10,000 at a range of 5.16% per annum to 6.66% per annum for a term of 15 years would be $ 79.92 to $ 87.99. The monthly payment for a sample loan of $ 10,000 at a range of 5.41% per annum to 6.91% per annum for a term of 20 years would be $ 68.28 to $ 76.99. However, if the borrower chooses to automatically make monthly payments by electronic funds transfer (EFT) from a bank account, the variable rate will decrease by 0.25%, and rise to the variable interest rate. regular described in the previous paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the nominated borrower’s bank account.

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John R.

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