Not exact matches
Keep in mind refinancing may require you to pay
origination and
loan fees which would potentially cancel out any savings on your end.
Applicants should
keep in mind that LendingPoint charges $ 30 late - payment
fees and also requires an
origination fee of up to 5 % of the
loan, but applicants can choose to pay this amount up front or spread it out across their monthly payments.
LendingClub charges
origination fees from 1 % to 6 % on its
loans, so
keep in mind that when you apply for a
loan, the
origination fee will be subtracted from the amount disbursed to you.
LoanDepot
origination fees range from 1 to 5 percent of the original
loan amount, and
keep in mind that the
fee comes out of the
loan proceeds.
Also,
keep in mind that lenders may hide a portion of high interest rate charging
loan origination fee or
loan application
fee.
One thing to
keep in mind about the student
loan origination fee is that it may be tax deductible depending on whether or not it appears on your 1098 - T form.