It Pays to Refinance Your Student Loans with Education Loan Finance
Variable* Rates from 2.55% APR and Fixed Rates from 3.09% APR
PLUS Bonus Opportunities up to $350!**
Welcome Student Loan Sherpa Customers!
Refinance federal and private education loans and lower your monthly payments or total student loan costs. By taking advantage of the Student Loan Sherpa offer, you could receive a $150 BONUS** when you refinance and you could also earn an additional $200 with our Fast Track Bonus** when you close your loan within 30 days.
*Rates are subject to change at any time. Variable rates may increase after closing. Loans are subject to credit approval terms and conditions apply.
**$150 Bonus: To begin the qualification process for the Student Loan Sherpa sign-on bonus, customers must apply from the link provided on www.elfi.com/studentloansherpa. Customers who are approved for and close a loan will receive the sign-on bonus through a reduction in the principal balance of their Education Loan Finance loan when the loan has been disbursed. In order to receive this bonus, customers will be required to complete and submit a W9 form with all required documents. Taxes are the sole responsibility of the recipient. Customers will only be eligible to receive this bonus one time. New applicants are eligible for only one bonus. If the new applicant was referred using the referral bonus, they will not receive the bonus provided via the referring party. If the new applicant becomes an ELFI customer, they may participate in the referral bonus by becoming the referring party. Additional terms and conditions apply. Fast Track Bonus: To earn the $200 Educational Loan Finance Fast Track Bonus, a new customer is defined as an individual without an existing Education Loan Finance loan account or who has not held an Education Loan Finance loan account within the past 24 months. Provided all conditions are met the recipient will receive the $200 bonus via a reduction in the refinanced principal balance within 6 to 8 weeks of the loan disbursement. Taxes are the sole responsibility of the recipient. Additional terms and conditions may apply.
Rates and Estimated Payments
On a $25,000 Loan
Choose a Loan that Fits Your Budget. Below are sample payments for a $25,000 loan using each of Education Loan Finance’s student loan refinance options*.
5 Year Term
2.55% APR – 4.99% APR
$444.24 – $471.67 per month
3.09% APR* – 5.99% APR*
$450.22 – $483.20 per month
7 Year Term
3.29% APR – 5.14% APR
$333.61 – $354.99 per month
3.99% APR* – 6.48% APR*
$341.61 – $370.99 per month
10 Year Term
3.80% APR – 5.39% APR
$250.74 – $269.96 per month
4.39% APR* – 6.69% APR*
$257.77 – $286.29 per month
15 Year Term
4.10% APR – 5.75% APR
$186.18 – $207.60 per month
4.65% APR* – 6.69% APR*
$193.17 – $220.40 per month
20 Year Term
4.40% APR – 6.01% APR
$156.82 – $179.25 per month
5.09% APR* – 6.69% APR*
$166.23 – $189.20 per month
Ready to Get Started?
– why choose Education Loan Finance?-
With a lower rate or a longer term
Rates as low as 2.55% APR variable* or 3.09% APR fixed and terms from 5 to 20 years*. You could save hundreds each month and thousands over time.
With a lower rate or shorter term
Reduce the total interest you’ll pay. We also have no application fees, origination fees, or prepayment penalties.
Customize a Repayment Plan
Flexible options for your needs
Loan amounts from $15,000 and up*. Consolidate multiple loans (federal and private) into one easy monthly payment.
Make the right financial choice by refinancing your student loans with Education Loan Finance. You’ll like having choices when it comes to managing your education loans.
ELFI | Education Loan Finance | 844-601-ELFI
© 2015-2018 ELFI Education Loan Finance from SouthEast Bank®. All rights reserved. *Subject to credit approval. Rates are subject to change. See Terms and Conditions. MEMBER FDIC.