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First Tech Routing #321180379
Student Loan Refinance

Interest-only loans.

A flexible option that lets you start out with lower payments.

1 to 5 year Interest-Only
As low as 11.40% Annual Percentage Rate (APR)11.40% <p>Interest Only 1 to 5 year Loan example: $71,116 borrowed with a 12.99% Annual Percentage Rate (APR) has a payment of $769.83 during the Interest Only repayment period for the first 5 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $1,061.42 to include principal and interest combined.</p> <p>Interest Only 6 to 10 year Loan example: $25,000 borrowed with a 13.79% Annual Percentage Rate (APR) has a payment of $287.29 during the Interest Only repayment period for the first 10 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $578.99 to include principal and interest combined.</p>

6 to 10 year Interest-Only
As low as 12.20% Annual Percentage Rate (APR)12.20% <p>Interest Only 1 to 5 year Loan example: $71,116 borrowed with a 12.99% Annual Percentage Rate (APR) has a payment of $769.83 during the Interest Only repayment period for the first 5 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $1,061.42 to include principal and interest combined.</p> <p>Interest Only 6 to 10 year Loan example: $25,000 borrowed with a 13.79% Annual Percentage Rate (APR) has a payment of $287.29 during the Interest Only repayment period for the first 10 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $578.99 to include principal and interest combined.</p>

Apply for 1-5 year interest-only Apply for 6-10 year interest-only
Couple working on a journal together.
Couple working on a journal together.

A repayment schedule that grows with your success.

Our Interest-Only Loan grows with your career by allowing you to pay lower, interest-only payments for up to 10 years of the 15-year loan term<p>Interest Only 1 to 5 year Loan example: $71,116 borrowed with a 12.99% Annual Percentage Rate (APR) has a payment of $769.83 during the Interest Only repayment period for the first 5 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $1,061.42 to include principal and interest combined.</p> <p>Interest Only 6 to 10 year Loan example: $25,000 borrowed with a 13.79% Annual Percentage Rate (APR) has a payment of $287.29 during the Interest Only repayment period for the first 10 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $578.99 to include principal and interest combined.</p> , and then larger principal and interest payments. After the initial interest-only payment period has ended, you will begin making fixed principal and interest payments for the remainder of the 15-year term. This allows you to start your career off with more manageable payments and pay more when you have had time to settle into your career.

  • Repayment schedule that grows with your success
  • Pay down any amount of the principal at any time
  • DebtSafe® Optional payment protection
  • No-cost, no-obligation consultation by calling 1.888.422.5680

Student Loan options.The interest rate is based on credit worthiness and credit history. All loans are subject to approval according to First Tech lending policies. Credit Union membership is required and subject to approval. Rates, terms and conditions subject to change and some restrictions may apply.

Fixed-Rate Loans

As low as 8.60% Annual Percentage Rate (APR)8.60% Student Fixed-Rate Loan example: $62,589 borrowed at 9.57% Annual Percentage Rate (APR) for 180 months = $10.48 per month per $1,000 borrowed.

Our most popular loan, Pay off your current student loan faster or consolidate multiple loans to get a great rate with one easy monthly payment.
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Balloon Loans

As low as 11.40% Annual Percentage Rate (APR)11.40% <p>40% Balloon Student Loan example: $47,737 borrowed at 12.99% Annual Percentage Rate (APR) for 180 months = $497.59 per month with one final balloon payment of $19,095 due at the end of the loan term.</p> <p>50% Balloon Student Loan example: $47,737 borrowed at 13.13% Annual Percentage Rate (APR) for 180 months = $475.48 per month with one final balloon payment of $23,869 due at the end of the loan term.</p>

A flexible option for working professionals just starting out. Get a lower payment now and have one larger payment later when you expect to have more income.  
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Interest-Only Loans

As low as 11.40% Annual Percentage Rate (APR)11.40% <p>Interest Only 1 to 5 year Loan example: $71,116 borrowed with a 12.99% Annual Percentage Rate (APR) has a payment of $769.83 during the Interest Only repayment period for the first 5 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $1,061.42 to include principal and interest combined.</p> <p>Interest Only 6 to 10 year Loan example: $25,000 borrowed with a 13.79% Annual Percentage Rate (APR) has a payment of $287.29 during the Interest Only repayment period for the first 10 years based on the outstanding principal balance. For the remaining years of the 15-year term, the payment will be $578.99 to include principal and interest combined.</p>

Allows you to make lower, interest-only payments at first, with a repayment schedule that grows with your income. You can pay down principle at any time with no penalty.
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