Variable rate, based on the one-month London Interbank Offered Rate (“LIBOR”) published in The Wall Street Journal on the twenty-fifth day, or the next business day, of the preceding calendar month.
As of December 1, 2017, the one-month LIBOR rate is 1.34%.
Variable interest rates range from 2.89%- 8.24% (2.89%-8.24% APR) and will fluctuate over the term of the borrower’s loan with changes in the LIBOR rate, and will vary based on applicable terms, level of degree earned and presence of a co-signer.
Fixed interest rates range from 3.35%-8.24% (3.35% – 8.24% APR) based on applicable terms, level of degree earned and presence of a co-signer.
Brazos Brazos offers student loan refinancing to Texas residents. Should I refinance my student loans with fixed or variable interest rates? How do I consolidate or refinance my student loans? How much can I save by refinancing my student loans?
With a wide variety of loan terms available, a Brazos Refinance Loan can help you meet your specific financial goals, whether you want to reduce your monthly payment or lower the total interest cost of repaying your loan. Student loan consolidation: Consolidation is the process of combining your government loans so that you can make a single monthly payment.
We recommend the lenders above because we thoroughly evaluated them. Can I consolidate private and federal loans together? You can also extend the term of your loan, at the same interest rate.