Consolidate your student loans into one payment for ease and convenience.
Earn back the interest paid on your loan (up to 2.00% of the original loan balance) when you pay in full within four years.
We’ll never charge origination, annual or prepayment fees on your loan.
Among the lowest fixed rates available and a variety of relationship-based pricing adjustments and terms for you.
Your own dedicated financial professional — a real person — is only an email or phone call away, ready to help with everything from the big picture down to the smallest details. Whatever you need, we have your back.
With ATM Rebate Checking account there are no access fees at virtually all ATMs worldwide. Even better, any access fees charged by other banks are rebated to you.
Whether it’s paying off your student debt, buying your dream home, or planning for retirement, we partner with you to customize solutions that meet your financial needs. We’re here to work with you when you’re ready.
Banking products and services are offered by First Republic Bank, Member FDIC and Equal Housing Lender
1 This is not a student loan. The terms of this product may differ from terms of your current loan. For example, this product does not contain special features such as forbearance periods and income-based repayment plans available for student loans. Applicants should discuss loan terms and conditions with their banker and contact their legal and financial advisors for advice on deciding whether this is the right product for them.
Note that the Bank does not refinance existing First Republic Student Loan Refinancing loans.
2 Annual Percentage Rate. Rates effective as of February 15, 2019, and are subject to change.
Borrower must open a First Republic ATM Rebate Checking account ("Account"). Terms and conditions apply to the Account. If the Account is closed, the rate will increase by 5.00%. Rates shown include relationship-based pricing adjustments of: (1) 2.00% for maintaining automatic payments and direct deposit with the Account; (2) 0.50% for depositing and maintaining a deposit balance equal to the greater of 10% of the approved loan amount or $5,000 into the Account; and (3) an additional 0.25% for depositing and maintaining a deposit balance equal to the greater of 20% of the approved loan amount or $10,000 into the Account.
Payment example for a loan amount of $100,000. 5-year/60 monthly payments of $1750.59 at 1.95% APR. 7-year/84 monthly payments of $1310.10 at 2.75% APR. 10-year/120 payments of $991.21 at 3.55% APR. 15-year/180 payments of $737.19 at 3.95% APR.
3 Assumes an original loan amount of $147,000, 10-year term, and a rate of 7.21% APR, refinanced to 3.55% APR. Total savings over the 10-year term would be $31,882. Loan amount reflects all customers who refinanced their student loans with First Republic Bank between 1/1/2015 and 9/1/2017. 7.21% was the Direct Plus Student Loan Program rate effective 7/1/2014 to 6/30/2015. Actual savings may vary based on the interest rates, balances and remaining repayment term of the loans being refinanced.
4 Lowest advertised fixed rates and pricing adjustments for a 5 to 15 year loan for First Republic Bank and competitors. Based on rates listed on competitor websites as of 2/01/2019. Competitor Sources: SoFi, Common Bond, Citizens Bank, Earnest.
5 Minimum $500 to open an ATM Rebate Checking account. A monthly fee (currently $25) will apply if a minimum monthly average balance of $3,500 is not maintained. Domestic and foreign ATM access fees are rebated at the end of the monthly cycle. Foreign currency conversion and other usage fees vary by country and network and are not included in the rebated ATM access fees.
Student Loan Refinancing is not available in all markets. For a complete list of locations, visit the Locations page.
This is not a commitment to lend or extend credit. All loans are subject to the Bank's underwriting standards. Additional information may be required for verification of documents provided. Applicants must meet a First Republic banker in person to complete account opening paperwork. This can be done at any First Republic Preferred Banking Office.
© 2019 First Republic Bank.