Refinancing Student Loans for a Lower Payment: What to Know

Stretching your repayment term can lower your monthly payment — but you'll pay more in interest over the life of the loan.

# Refinancing Student Loans for a Lower Payment: What to Know Stretching your repayment term can lower your monthly payment — but you'll pay more in interest over the life of the loan. **Read the full article:** [NerdWallet](https://www.nerdwallet.com/student-loans/learn/refinancing-to-lower-monthly-payments) *This article was originally published by NerdWallet. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*