Refinance calculators consolidating loans

Consolidation simply combines multiple student loans into one.

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Refinancing can be done with one loan or several, and involves getting a new loan with a different (usually lower) rate than before, due to changes in your financial situation.

When you refinance, you typically work with a company to pay off the original loan(s) and get a new unified loan at a lower rate.

Click on CALCULATE and you’ll get a breakdown of the costs associated with your new mortgage compared with your current mortgage or mortgages.

Best of all, you’ll see an estimate of what you could save with a lower interest rate.

If applicable, include the same information for your second mortgage.