Consolidating student loan into mortgage

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You’re generally eligible once you graduate, leave school or drop below half-time enrollment.

Private student loan consolidation, or refinancing, means replacing multiple student loans — private, federal or a combination of the two — with a single, new, private loan.If you’re a parent with PLUS loans and you also have other federal student loans, you may want to consolidate your PLUS loans in a separate consolidation loan; consolidating them with your other federal loans will make that consolidation loan ineligible for all income-driven repayment plans except income-contingent repayment.If you have Perkins loans, think twice before consolidating them; you’ll lose access to Perkins loan cancellation if you do.The tool shows you how much you’d pay per month on the various plans.If you choose an income-driven plan, you’ll be asked to provide income information on the application by granting access to your IRS tax information.

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