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Save thousands on
your student loans.

Our new lower rates could save
you money each month.

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Find My Rate

Checking your rate will not affect your credit score✝︎.

Hurry—apply before
your offer expires!

SoFi is the leading student loan
refinancing provider.

$30 billion+ in refinanced student loans
375,000+ members who’ve refinanced
98% would recommend SoFi to a friend3.

How to Calculate Your
Student Loan Savings

Our calculator shows how much you can save on your student loans by refinancing with SoFi. Just add in your current student loan information, and we’ll calculate your estimated savings—both monthly and over the lifetime of your loan. If you have multiple student loans, simply combine the loans and average their principal.

Enter Your
Current Loan


Compare a
SoFi Loan

Term : 10 Years
Fixed Interest Rate : 4.37% – 5.90%
5 7 10 15 20


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By refinancing into a longer term and taking advantage of monthly payment savings, borrowers will generally pay more total interest over the life of the loan. Learn about our savings calculation.


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Calculated payments and savings are only estimates. All rates shown include the SoFi 0.25% AutoPay discount. Using the free calculator is for informational purposes only, does not constitute an offer to receive a loan, and will not solicit a loan offer. Any payments and savings will depend on the actual amounts for which you are approved, should you choose to apply.

Pick the loan that works for you.

Save on your student loans by choosing between a range of rates and terms. No prepayment penalties and no hidden fees. Ever.

Fixed Rate

Rates available from 2.99% APR to 6.28% when you enroll in AutoPay.1

Variable Rate

Rates start from 2.25% APR to 6.28% when you enroll in AutoPay.1

Investing in people who
invest in themselves.

Accelerate your

Take your career to the next level with expert guidance from SoFi Career Coaches.

Experience the
SoFi community

Our member events range from dinners and happy hours to panel sessions and networking opportunities.

Get exclusive member
rate discounts

Get a 0.125% rate discount on additional SoFi loans—just for being a member.✝︎✝︎

How it works:

The student loan refinancing process is fast, easy, and can be done entirely online.

  • Term



  • 5-year



  • 7-year



  • 10-year



For illustrative purposes only, your actual savings may vary based on interest rates, balances, remaining repayment term and other factors.

Get pre-approved online in just two minutes.

We’ll let you know if you’re qualified before you finish the full application.

Select your rate and term.

Choose between saving on your monthly payment or saving on total student loan interest.

Verify your info and sign.

Upload screenshots of your information, then sign your paperwork electronically.

Switch to one low monthly payment.

We pay off your servicer(s) and issue you one new student loan.

Find My Rate

It takes only two minutes and
won’t affect your credit score.✝︎

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