Earnest Student Loan Refinance
What Earnest publishes: "Fixed Starting at 4.45% APR (including 0.25% Auto Pay discount) | Variable Starting at 5.88% APR (including 0.25% Auto Pay discount) | * These are our lowest starting rates and contain our 0.25% Auto Pay discount from a checking or savings account. Some borrowers may see higher rates based on their credit. Variable rates not available in AK, IL, MN, MS, NH, OH, TN, and TX."
Landing page shows floors only: fixed 4.45% APR with autopay (4.70% without, computed from stated 0.25% discount); variable 5.88% APR with autopay (6.13% without, computed). No maximum fixed or variable APR published on the landing page, /disclaimers, /eligibility, or help center articles checked. Inconsistency: /eligibility footer card says 'Student Loan Refinancing... Variable rates start at 5.99% APR with Auto Pay' vs 5.88% on the refinance landing page; landing page treated as authoritative. Page title: 'Fixed Rates from 4.45% APR*'.
The rate you are offered is set by Earnest after you apply on its site. It depends on your credit history, income, loan amount and term, and may be higher than the lowest rate shown here.
| Loan amount | $5,000 to $500,000 |
| Term | 60 to 240 months |
| Rate type | both |
| Funding speed | See lender |
| Origination fee | None: 'Earnest does not charge fees for origination, late payments, or prepayments.' (Florida documentary stamp tax $0.35 per $100 added for FL residents) |
| Prepayment penalty | No |
| Late fee | none (per 2019 refinance disclosure: 'Late Fee: None') |
| Minimum credit score | Not disclosed |
| States | AK, AR, AZ, CA, CO, CT, FL, GA, HI, ID, IL, IN, KS, MA, MD, ME, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, NY, OH, OK, OR, PA, SC, TN, TX, UT, VA, VT, WA, DC, WI, WV, WY |
| Membership | Not required |
- Origination fee None: 'Earnest does not charge fees for origination, late payments, or prepayments.' (Florida documentary stamp tax $0.35 per $100 added for FL residents)
- Borrow up to $500,000
- No prepayment penalty
| Legal name | Earnest Operations LLC |
| Type | Fintech |
| Website | https://www.earnest.com |
Third-party lenders
Loan offers are provided by third-party lenders. Banrox is a technology company and is not a lender. Banrox does not take loan applications, make credit decisions or fund loans.
Compensation
Banrox may receive compensation from some lenders when you click or apply through links on this page. Compensation does not affect the rates shown, which are taken from each lender's public website as of the date displayed.
Rates and estimates
Rates, amounts, terms and fees are shown as published on the lender's website on the date marked above and may change without notice. The payment estimate uses the lowest APR the lender publishes and excludes origination and other fees; the lender's own disclosure governs. Nothing on this page is an offer, a rate quote or a commitment to lend.
