Student loan rate comparison

Compare current versus refinanced amortizing payments on the same balance.

Student loans are part of what is debt retirement balance for many households. This rate comparison stays inside household finances, not advice.

Labels the illustrated state and tax-year pack. This tool’s numbers do not change with state income tax. Medicare, HSA, 401(k), and RMD rules stay federal.

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Nothing is saved. Leaving this page restores the example.

Example report

Illustrated results

Current monthly payment

$397

New monthly payment

$371

Monthly difference

$26

Total interest saved

$3,143

Total interest current vs refinance

Assumptions

  • Federal student-loan protections, forgiveness, and income-driven plans are not modeled.
  • Refinancing federal loans into a private loan can change borrower protections.
  • Rule year 2026: IRS federal income tax (2026-rev-proc-2025-32) and California state rules (2026-enacted-v1; progressive income tax). Medicare IRMAA, HSA, 401(k), and RMD tables are federal.

Educational planning software—not investment, tax, legal, Medicare, or Social Security advice. Projections depend on your inputs and assumptions. Optional professional review is separate when available.

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