Consolidating student loans different interest rates
View APR examples Calculate your rate and payment ranges by answering just 3 questions without any personal information.
Two great ways to lower your interest rate Learn more about student loan discounts.
Once your loan is finalized, we'll pay off the loans you’ve included in your consolidation and those loans will make up one new loan with one monthly payment to Wells Fargo.
A consolidation loan allows you to refinance one or more loans into one new loan with a new interest rate and/or payment term.
If a consolidation loan borrower dies or becomes totally and permanently disabled, and that individual was a student borrower on loan(s) included in the consolidation loan, the amount forgiven will correspond to the outstanding balance of any underlying loan(s) made to that individual.
Repayment terms options may include 5, 7, 10, 15 and 20 years based on the amount of your loan and the credit qualifications of you, and your cosigner, if applicable.Fixed interest rates stay the same over the life of the loan. They can answer questions and help guide you through the process.Designed to help you understand how consolidation will affect each of your loans, our detailed loan review process will provide you with the in-depth information you need in order to make an informed decision about which loans you want to consolidate and which loans you may want to leave out.See general rate examples – Our basic calculator shows rate and payment range estimates and requires no personal information.Interest Rate Discounts: Discount eligible during application: You may qualify for a relationship interest rate discount if you or your cosigner (if applicable) has any of the following with Wells Fargo prior to your Final Loan Disclosure being issued: The quoted Annual Percentage Rate (APR) "with discount" includes a customer interest rate discount of 0.25% for having a prior student loan with Wells Fargo or a qualified Wells Fargo consumer checking account and requires a 5-year term. Repayment term options may include 5, 7, 10, 15 and 20 years based on credit qualifications.