Student Loan Refinancing


Refinance student loans and more with a Personal Line of Credit [1]

3.95–5.45 % APR[2]
OUR 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.

graduated student walking
  • refinance your student loans
    Refinance your student loans
  • cover minor home improvements
    Cover minor home improvements
  • 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
  • ask your banker
    And more. Ask your banker

First Republic’s Personal Line of Credit provides access to revolving credit during a two-year draw period, followed by a repayment period for the remainder of the loan term.

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

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Low fixed rates

Find fixed-rate options as low as 3.95% APR with discounts when refinancing your student loans with a Personal Line of Credit.

fewer fees icon

Fewer fees

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

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Flexibility

With loan amounts from $70,000 to $350,000[3], you have the flexibility to refinance eligible debt, like student or auto loans, when you cover minor home expenses, fund large purchases or more. Choose from loan term options of 7, 10 and 15 years.

 

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. Currently, all payments for certain types of federal student loans are suspended potentially until June 30, 2023, per an executive order by the President. Interest will not accrue during this time period. For more information, please visit ed.gov.

Additional features of a Personal Line of Credit

 

Interest-only payments

Pay interest only on what you draw for the first two years, and repay the full loan with term options that best suit your financial goals.

Access to revolving credit

Get convenient access to revolving credit for large purchases. Plus, any principal 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 eligible debt into one simple monthly payment.  





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

Learn more about the features and benefits of our Personal Line of Credit and how to use it beyond refinancing student loans.


ask your banker width=

And more. Ask your banker

What else can you do with Personal Line Of Credit?

Learn more about the features and benefits of our Personal Line of Credit and how to use it beyond refinancing student loans.

 

FAQs when
refinancing student loans with us

  • I’m looking to refinance my student loan debt. What happens if I get a Personal Line of Credit instead?
  • Can I refinance my private student loans with a Personal Line of Credit? What about federal loans?
  • How often can I refinance my student loans?
  • Can I use a Personal Line of Credit beyond refinancing student loans?
  • How are my loan payments structured?
  • What are the requirements to receive the lowest listed rates?
  • I have more questions about Personal Line of Credit and how to use it.

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