Student Loan Refinancing

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

2.25–3.50 % APR[1]

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.[2]

man walking
  • refinance your student loans

    Refinance your student loans

  • cover home expenses

    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

  • pay your taxes

    Pay your current taxes

First Republic Personal Line of Credit offers access to revolving credit, which allows you to withdraw funds up to a preset limit during a two-year draw period.

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


Low fixed rates

Find fixed-rate options as low as 2.25% APR with discounts when refinancing your student loans with a Personal Line of Credit.


No loan fees

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



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.   


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 1.98% 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
  • $65,000–$350,000[4]
  • 7, 10, 15 years
  • 2 years
  • SoFi
    Student Loan Refinancing

  • 2.49%–6.94% APR
  • $5,000–$500,000
  • 5, 7, 10, 15, 20 years
  • CommonBond
    Student Loan Refinancing

  • 2.59%–6.94% APR
  • $5,000–$500,000
  • 5, 10, 15 years
  • Laurel Road
    Student Loan Refinancing

  • 1.98%–5.46% APR
  • $5,000–$300,000
  • 5, 7, 10, 15, 20 years

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.

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.


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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