Refinance calculators consolidating loans
Consolidation simply combines multiple student loans into one.
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.