Student Refinance


Refinance student loans and other debt with a Personal Line of Credit

2.25–3.50 % APR[1]
LOWEST FIXED RATES WITH DISCOUNTS

While the Personal Line of Credit is not a student loan, it offers you options to reduce the burden of student loans and other debt. By refinancing with a lower interest rate, you have the opportunity to get out of debt faster with new term options and no prepayment fees.

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  • refinance your student loans

    Refinance your student loans

  • cover home expenses

    Cover home expenses

  • buy or refinance a car

    Buy or refinance a car

  • pay for medical or dental procedures

    Pay for medical or dental procedures

  • plans for your family's future

    Plan for your family's future

  • pay your taxes

    Pay your current taxes

Why use a Personal Line of Credit to refinance student loans and other debt?

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Lower interest rates

Get instant peace of mind and an opportunity to save more in the long term with our low fixed-rate options.[2]

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No loan fees

Pay off your student loan debt and more using a Personal Line of Credit with no origination, maintenance or prepayment fees.

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Flexibility

Choose the rate and term options that work best for you, with the flexibility to refinance student loans, auto loans, cover minor home expenses or fund large purchases.

 

Note: By refinancing student loans, you may permanently be giving up tax and repayment benefits, including forbearance, deferment and forgiveness. Please consider this as you make a decision to refinance student loans, and talk to a banker if you have any questions.

Additional features of a Personal Line of Credit

 

Interest-only payments

Enjoy the peace of mind of only paying interest on what you draw for the first two years. You can also make additional principal payments at any time.   

Revolving access to credit

To pay for future expenses, you can access additional funds on top of the amount of debt you are looking to refinance. Plus, the amount you repay will be available to draw on again during the first two years.   

Convenience

When you’re ready to refinance, we’ll combine any of your existing student loans into one simple monthly payment.  

See how First Republic compares when using our Personal Line of Credit to refinance your student loans.[3]

Note: Our rates start at 2.25% APR for a 7 year term with discounts, compared to starting rates of 2.80% APR for a 5 year term with our competitors below.

  • Annual Percentage Rate
    (with discounts)
  • Loan Size
  • Loan Term
  • Interest-Only Period
  • No Loan Fees
    (Origination, Maintenance or Prepayment)
  • Flexible Use of Funds

  • Personal Line of Credit

  • 2.25%–3.50% APR
    (fixed)
  • $60,000–$350,000[4]
  • 7, 10, 15 years
  • 2 years
  • SoFi
    Student Loan Refinancing

  • 2.99%–6.88% APR
    (fixed)
  • $5,000–$500,000
  • 5, 7, 10, 15, 20 years
  • CommonBond
    Student Loan Refinancing

  • 2.83%–6.84% APR
    (fixed)
  • $5,000–$500,000
  • 5, 10, 15 years
  • Laurel Road
    Student Loan Refinancing

  • 2.80%–6.00% APR
    (fixed)
  • $5,000–$300,000
  • 5, 7, 10, 15, 20 years

What else can you do with a Personal Line of Credit?


cover home expenses

Cover home expenses

buy or refinance a car

Buy or refinance a car

pay for medical or dental procedures

Pay for medical or dental procedures

plans for your family's future

Plan for your family's future

pay your taxes

Pay your current taxes

What else can you do with Personal Line Of Credit?

when it comes to paying down student loan debt or achieving your other financial goals, you don't always have to choose one or the other. Balancing these priorities is often in the best interest of your financial future.

 
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Learn more about Personal Line Of credit

Questions?
We’re here to help.

  • What is the difference between a personal loan and a personal line of credit?
  • I’m looking to refinance my student loan debt. What happens if I get a Personal Line of Credit instead?
  • What should I use my Personal Line of Credit for?
  • Can I use this product to pay off or refinance my existing First Republic loan(s)?
  • How are my loan payments structured?
  • What amounts and term options are available?
  • What are the requirements to receive the lowest listed rates?
  • Are there any fees associated with the First Republic Personal Line of Credit?
  • How do I draw on my Personal Line of Credit?
  • Why do you currently not offer the Personal Line of Credit in my state?
  • Do I need to have multiple loans in order to refinance them with First Republic Bank?
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