© 2017 Splash Financial, Inc.

Terms and Conditions apply.

¹Borrowers can reduce their monthly payments by $3k-$6k during their training period (calculated by comparing borrowers’ estimated annual government REPAYE payments of $250-$500 per month to borrowers’ payments under Splash Financial’s $1 per month payment option over the same time period). If you choose to make $1 per month payments, all unpaid principal and interest amounts are capitalized at the end of each month during the $1 per month repayment period, and borrowers will pay more over the life of the loan with the $1 per month repayment option than if a different repayment option is selected. For example, a refinance loan with a 5.71% APR on a $180,000 principal balance, a 36-month training period with payments of $1 per month will have a 10-year repayment term after training is complete with payments of $2,373 per month.

²Applicants can pay $1 per month during their residency and fellowship training periods. The maximum amount of time they can pay $1 per month is 84 months. For the residency or fellowship loans the APR ranges from 5.65%-6.05% (with the 0.25% autopay discount) or 5.75%-6.22% APR (without the autopay discount). The discount is not available while a borrower is in residency or fellowship, if the loan is not in repayment, or when Splash Financial is unable to successfully withdraw funds from the payer’s bank account.

Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Not all applications will be approved. To qualify for a loan, you must have a responsible financial history. You must be a medical professional who has completed or is currently in a residency or fellowship program. The maximum loan amount is $243,902 and the minimum loan amount is $25,001.

Loan or savings calculators are offered for your own use and the results are based on the information you provide. The results of this calculator are only intended as an illustration and are not guaranteed to be accurate. Actual payments and figures may vary.

The information you provide us is an inquiry to determine whether the lender, the Bank of Lake Mills, offers a loan that fits your needs. If the Bank of Lake Mills has an available loan product for you, you will be invited to submit a loan application to the Bank for its review. We will not share information about you with the Bank and we do not guarantee approval of your application by the Bank of Lake Mills.

Refinancing or consolidating private and federal student loans may not be the right decision for everyone. Federal loans carry special benefits not available for loans made through Splash Financial, for example, public service loan forgiveness and economic hardship programs, fee waivers and rebates on the principal, which may not be accessible to you after you refinance.

Loans are originated and funded by Bank of Lake Mills and not Splash Financial. Bank of Lake Mills does not have an ownership interest in Splash. Neither Splash nor Bank of Lake Mills is affiliated with the school you attended. Bank of Lake Mills is Member FDIC.