ELFI Student Loan Refinance
What ELFI (Education Loan Finance) publishes: "VARIABLE RATES FROM 4.74% APR. FIXED RATES FROM 4.29% APR. LOAN TERMS FROM 5-20 Years. MINIMUM LOANS OF $10,000."
Fixed from 4.29% APR; variable from 4.74% APR; maximum APR not stated on site. 'Interest rates are current as of 8/14/26. Variable interest rates may increase after closing.' No separate autopay discount: 'All borrowers are required to make payments with an electronic or digital transfer. Therefore, the auto pay discount is already reflected in your approved interest rate.' Variable rate = WSJ Prime + margin (margins -2.01% to 1.49% per terms page), adjusts quarterly.
Representative example from the lender: For example, a 10-year loan with a fixed rate of 9.00% APR would have 120 monthly payments of $12.66 per $1,000 borrowed.
The rate you are offered is set by ELFI (Education Loan Finance) 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 | from $10,000 |
| Term | 60 to 240 months |
| Rate type | both |
| Funding speed | See lender |
| Origination fee | 0% |
| Prepayment penalty | No |
| Late fee | the lesser of 5% of the past due amount or $50 |
| Minimum credit score | 680 |
| States | All states |
| Membership | Not required |
"Must have a minimum credit score of 680."
- No origination fee
- No prepayment penalty
| Legal name | SouthEast Bank (ELFI is a division of SouthEast Bank) |
| Type | Bank |
| Website | https://www.elfi.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.
