Recent grad looking to refi ~60k in private student loans. I’ve qualified for a decent rate - currently paying around 5% but through refi I can get between 3% to just under 4%. I can’t decide on the sliding scale amount (interest vs monthly payment trade off) to go with. If I keep my current monthly payment that puts me at 3.46% - which is great - but wondering if I should be more/less aggressive. I have another 40k in federal loans that I’m not currently touching due to current relief. TIA!

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The rate matters less than the interest dollar amount you’ll pay over the life of the loan. Refi to a payment you’re good and comfortable with, and then pay extra every month that you can to reduce the *effective* interest rate further. That way if you fall on hard times and can’t make the extra payment, you have the flexibility of skipping.

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I would try to be pretty aggressive with $100k total, but don’t make it so you can’t afford the minimums on both once the federal relief ends.

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Looking to refi my student loans also. Which provider did you use?

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