Focus on your future, not financing.
Let a student loan take the weight of tuition off your shoulders so you can focus on acing your studies.
Benefits You’ll Love
- Automatic payments could save you on interest
- Financing that covers your future area of study
- Many repayment options to choose from
- No origination fees
- Competitive rates for undergraduate and graduate students, as well as
- MBA Loan
- Medical School Loan
- Dental School Loan
- Graduate School Loan for Health Professionals
- Law School Loan
- No origination fee or prepayment penalty1
- Multiple in-school repayment options available
- Interest rate reductions available for automatic payments
- Borrow from $1,000 up to 100% of the school-certified cost of attendance2
- 100% US-based student loan specialists
Learn More
Visit Sallie Mae online to learn more about the Smart Option Student Loan.
1Although we do not charge you a penalty or fee if you prepay your loan, any prepayment will be applied as provided in your promissory note: First to Unpaid Fees and costs, then to Unpaid Interest, and then to Current Principal.
2Sallie Mae reserves the right to approve a lower loan amount than the school-certified amount.
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total dividends earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Balloon Loans
Term Rates | as low as* | APR** |
---|---|---|
5 Year Balloon | 6.000% | 6.273% |
7 Year Balloon | 6.125% | 6.399% |
10 Year Balloon | 6.375% | 6.765% |
Balloon Loan repayment terms and an amortization schedule.
Boats, RVs, Campers
Term Rates | 0 - 2 years | 3 - 5 years | 6 - 10 years | 10+ years |
---|---|---|---|---|
12 Months | 7.87% | 9.12% | 9.62% | 10.12% |
24 Months | 7.69% | 8.94% | 9.44% | 9.94% |
36 Months | 7.63% | 8.88% | 9.38% | 9.88% |
48 Months | 7.59% | 8.85% | 9.35% | 9.85% |
60 Months | 7.73% | 8.99% | 9.49% | 9.99% |
72 Months | 7.81% | 9.06% | 9.56% | 10.06% |
84 Months | 8.30% | 9.55% | 10.05% | 10.56% |
120 Months | 8.54% | 9.79% | 10.29% | 10.79% |
144 Months | 9.03% | 10.28% | 10.78% | 11.28% |
180 Months | 9.27% | 10.53% | 11.03% | N/A |
*Actual rate will be based on individual’s credit rating, amount financed, and other factors. On approved credit. Rates are subject to change.
**APR based on loan amount of $25,000 for term and rate chosen. Other dollar amounts available.
Payment example: A 60 month $25,000 fixed rate secured new boat/camper/RV loan at 7.73% APR* has an approximate monthly payment of $503.74.
Business Checking and Money Market Savings Interest Rates
Dividend Rate | APY | Interest Compounded | Balance |
---|---|---|---|
0.05% | 0.05% | Monthly | $0 - $9,999 |
0.10% | 0.10% | Monthly | $10,000 - $24,999 |
0.15% | 0.15% | Monthly | $25,000 - $49,999 |
0.20% | 0.20% | Monthly | $50,000 - $99,999 |
0.35% | 0.35% | Monthly | $100,000 - $249,999 |
0.50% | 0.50% | Monthly | $250,000 - Greater |
Cars, Trucks, and Vans
Term Rates | 0 - 2 years | 3 - 5 years | 6 - 10 years | 10+ years |
---|---|---|---|---|
12 Months | 6.87% | 8.12% | 8.62% | 9.12% |
24 Months | 6.69% | 7.94% | 8.44% | 8.94% |
36 Months | 6.63% | 7.88% | 8.38% | 8.88% |
48 Months | 6.84% | 8.09% | 8.59% | 9.10% |
60 Months | 7.07% | 8.33% | 8.83% | 9.33% |
72 Months | 7.06% | 8.31% | 8.81% | 9.31% |
*Actual rate will be based on individual’s credit rating, amount financed, and other factors. On approved credit. Rates are subject to change.
**APR based on loan amount of $25,000 for term and rate chosen. Other dollar amounts available.
Payment Example: A 60 month $25,000 fixed rate secured new auto loan at 7.07% APR* has an approximate monthly payment of $495.90.
Certificate Accounts
Term | Rate | APY* | Interest Compounded | Minimum Opening Deposit |
3 Months | 0.20% | 0.20% | At Maturity | $500.00 |
6 Months | 0.25% | 0.25% | At Maturity | $500.00 |
6 Months Special*** | 5.15% | 5.21% | At Maturity | $500.00 |
12 Months | 0.30% | 0.30% | Quarterly | $500.00 |
12 Months Special | 0.50% | 0.50% | Quarterly | $2,500.00 |
18 Months** | 3.79% | 3.85% | Monthly | $10.00 |
24 Months | 0.40% | 0.40% | Quarterly | $500.00 |
36 Months | 0.50% | 0.50% | Quarterly | $500.00 |
48 Months | 0.60% | 0.60% | Quarterly | $500.00 |
60 Months | 0.70% | 0.70% | Quarterly | $500.00 |
*APY = Annual Percentage Yield
**Applies to 18 month term only: the interest rate and Annual Percentage Yield (APY) are variable and is based on an Index. 18 month CD is not available to Business Accounts.
*** Applies to 6 month special certificate only: At maturity, the 6-month special certificate will automatically renew at the standard 6-month certificate's rate and term.
Christmas Club
Dividend Rate | APY* | Interest Compounded | Minimum Opening Deposit |
---|---|---|---|
0.10% | 0.10% | Quarterly | $20.00 |
Dividends are calculated on an average daily balance, and are compounded and credited quarterly. Dividend rates and annual percentage yields (APY) may change monthly after the account is opened, based on market conditions. Withdrawals and service charges or fees may reduce earnings.
Construction Loans
Term Rates | as low as* | APR** |
---|---|---|
Up to 1 Year | 6.000% | 6.273% |
During the construction phase, payments are interest only based on the loan amount advanced.
Home Equity - Line of Credit
Term Rates | as low as* |
---|---|
Introductory Rate for 6 months | 3.900% |
Rate after 6 months | 8.500% |
Payments: 1.0% of principal balance owed on the monthly billing date (minimum payment $50) after each new advance. Loan term is 20 years - 10 year draw period and 10 repayment period. Rate subject to change semi-annually. Maximum rate 18%. A 20 year $30,000 variable rate home equity loan at 8.50% APR has an approximate monthly payment of $300. Other terms and amounts are available.
Home Equity Loans
Term Rates | as low as* | APR** |
---|---|---|
5 Year Fixed Rate, Up to 80% of Value | 6.125% | 6.416% |
10 Year Fixed Rate, Up to 80% of Value | 7.125% | 7.283% |
Payment example: A 5 year $15,000 fixed rate home equity loan at 6.416% APR has an approximate monthly payment of $290.86. Other terms and amounts are available.
Home Improvement Loans
Loan Amount | as low as* |
---|---|
Up to $10,000 | 6.00% |
*Actual rate will be based on individual’s credit rating, amount financed, and other factors. On approved credit. Rates are subject to change.
**APR = Annual Percentage Rate is based on a $100,000 mortgage with a 1% origination fee and a 20% down payment.
Home Loans
Term Rates | as low as* | APR** |
---|---|---|
10 Year Fixed | 6.375% | 6.765% |
15 Year Fixed | 6.500% | 6.871% |
20 Year Fixed | 6.500% | 6.796% |
30 Year Fixed | 7.000% | 7.232% |
Fixed rate repayment terms and an amortization schedule.
IRA Savings
Dividend Rate | APY* | Interest Compounded | Minimum Opening Deposit |
---|---|---|---|
0.10% | 0.10% | Quarterly | $20.00 |
Dividends are calculated on an average daily balance, and are compounded and credited quarterly. Dividend rates and annual percentage yields (APY) may change monthly after the account is opened, based on market conditions. Withdrawals and service charges or fees may reduce earnings.
Kasasa Cash*
Balance | Minimum Opening Deposit | Rate | APY |
---|---|---|---|
0 - $15,000 | $x | 0.00% | 0.00% |
$15,000+ | $x | 0.00% | 0.00% |
All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Kasasa Saver*
Balance | Minimum Opening Deposit | Rate | APY |
---|---|---|---|
0 - $15,000 | $x | 0.00% | 0.00% |
$15,000+ | $x | 0.00% | 0.00% |
All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Money Market Savings
Dividend Rate | APY* | Interest Compounded | Balance |
---|---|---|---|
0.05% | 0.05% | Monthly | $0 - 2,499 |
0.05% | 0.05% | Monthly | $2,500 - 9,999 |
0.10% | 0.10% | Monthly | $10,000 - 24,999 |
0.15% | 0.15% | Monthly | $25,000 - 49,999 |
0.20% | 0.20% | Monthly | $50,000 - 99,999 |
0.35% | 0.35% | Monthly | $100,000 - Greater |
Dividends are calculated on an average daily balance, and are compounded and credited quarterly. Dividend rates and annual percentage yields (APY) may change monthly after the account is opened, based on market conditions. Withdrawals and service charges or fees may reduce earnings.
Motorcycles, ATVs, Snowmobiles, and Jetskis
Term Rates | 0 - 2 years | 3 - 4 years | 5 - 7 years | 8+ years |
---|---|---|---|---|
12 Months | 8.37% | 9.37% | 9.62% | 10.12% |
24 Months | 8.19% | 9.19% | 9.44% | 9.94% |
36 Months | 8.13% | 9.13% | 9.38% | 9.88% |
48 Months | 8.34% | 9.35% | 9.60% | 10.10% |
60 Months | 8.33% | 9.33% | 9.58% | 10.08% |
72 Months | 8.56% | 9.56% | 9.81% | 10.31% |
*Actual rate will be based on individual’s credit rating, amount financed, and other factors. On approved credit. Rates are subject to change.
**APR based on loan amount of $25,000 for term and rate chosen. Other dollar amounts available.
Payment Example: A 60 month $25,000 fixed rate secured new PowerSport loan at 8.33% APR* has an approximate monthly payment of $510.81.
Other Secured Loans
Term Rates | 0 - 2 years | 3 - 4 years | 5 - 7 years | 8+ years |
---|---|---|---|---|
12 Months | 7.87% | 9.12% | 9.62% | 10.12% |
24 Months | 7.69% | 8.94% | 9.44% | 9.94% |
36 Months | 7.63% | 8.88% | 9.38% | 9.88% |
48 Months | 7.59% | 8.85% | 9.35% | 9.85% |
60 Months | 7.73% | 8.99% | 9.49% | 9.99% |
72 Months | 7.81% | 9.06% | 9.56% | 10.06% |
84 Months | 8.05% | 9.30% | 9.80% | 10.30% |
120 Months | 8.54% | 9.79% | N/A | N/A |
*Actual rate will be based on individual’s credit rating, amount financed, and other factors. On approved credit. Rates are subject to change.
**APR based on loan amount of $25,000 for term and rate chosen. Other dollar amounts available.
Payment Example: A 60 month $25,000 fixed rate new other secured loan at 7.73% APR* has an approximate monthly payment of $503.74.
Share Savings
Dividend Rate | APY* | Interest Compounded | Minimum Opening Deposit |
---|---|---|---|
0.05% | 0.05% | Quarterly | $5.00 |
Dividends are calculated on an average daily balance, and are compounded and credited quarterly. Dividend rates and annual percentage yields (APY) may change monthly after the account is opened, based on market conditions. Withdrawals and service charges or fees may reduce earnings.