🎓 EducationUpdated September 2026

Student Loan Refinance Calculator

Compare your current student loan against a new refinance offer. Find out exactly how much you will save on interest and whether the new monthly payment fits your budget.

Your Current Loan

Current Loan Balance

Current Interest Rate

Years Remaining

Years

New Refinance Offer

New Interest Rate

New Loan Term

Years

Total Lifetime Savings

$5,241

Amount of interest you will avoid paying.

Old Monthly Payment

$402

New Monthly Payment

$486

+$84/mo higher

Read the Full Refinance Guide

Reviewed by Sarah Collins, CFP®

Sarah is a Certified Financial Planner with over 10 years of experience helping families optimize their debt, savings, and investments. All MintlyHub calculators and guides are reviewed by our financial team for mathematical accuracy and fiduciary integrity.