This calculator is most appropriate if you would like to payoff your student loans faster. The LoanSense monthly payment tools allows you to understand how much quicker you will pay off your loans by increasing the monthly payment. This is completely individualized to your specific student loan interest rates.
Refinancing your mortgage to pay off your student loans may sound like a great idea, but it has its pros and cons.
Here are a few items to consider when thinking about reducing your loan payment through an income-driven repayment plan or refinance. Which is the best option for you and what are the cons of each option?
There are pros and cons to refinancing, these key factors can help you decide what option is best for your student loans.