Dentist-In-Training Dental School Loan Refinance
$100 monthly payments while in training1
Refinance for dental trainees, built by doctors
No loan maximums – No Cosigner – No Capitalized Interest
Have $100 payments for up to 6 years¹
Refinance built for doctors by doctors
- No Cosigner
- No loan maximums
- No Capitalized Interest
- $100 monthly payments for up to 6 years¹ while in training
Interested in Refinancing Your Student Loans While in Training?
Panacea Financial provides the best refinancing options for aspiring dental professionals. Here's Why:
Refinancing is Better with Panacea
See how Panacea dental school loan refinancing compares to the competition.
Know Your Rate Now
No Maximums and No Cosigner
You deserve our best offer simply because of who you are without any need for a cosigner or loan maximum.
Refinance for Dentists
Specifically crafted for student loan debt incurred to become a dental professional.
The Panacea Difference
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HOW MUCH COULD YOU SAVE?
Current Loan
If Refinanced with Panacea
Estimated savings with Panacea
$28,709
Current Loan
If Refinanced with Panacea
Estimated savings with Panacea
$28,709
Dental School Loan Refinance for Dental Trainees
- No cosigner - you’re a grown up, be treated like one
- No maximum - seriously, none
- No fees - nada, zilch
- No selling your loan - we’re with you the whole way
- Soft credit check - application does not affect your credit score
How it Works
FAQs for Dentists in Training
U.S. Citizens or permanent residents who have graduated medical school, and have completed one year of post-graduate medical education.
Yes! We recognize many would like to lower their interest rates while in training which is why we offer $100 payments while in training.
We don’t require a cosigner for a dental school refinance loan because we know you are trustworthy and deserve to be treated like an adult. Traditional banks don’t understand that which is why they can ask for co-signers in order to offer their lowest rates.
When you refinance your dental school loans in training you get 3 years of $100/month payments that you can choose to refinance one additional time and get 3 more years of $100/month payments. Also note that your years in lowered payment count towards your total length of repayment term.
The competition takes interest that accrues during the “lower payment” month and then adds it back to your principal (ie capitalized interest) which causes you to pay interest now on a higher balance. We do NOT do that and that saves you money. At Panacea the balance you have left over at the end of your $100/month period is simply spread out (or amortized) over the rest of your repayment period.
We are a doctor-founded company that personally knows how different our financial lives can be. That is why we made products equally as different which includes our dental school refinance loan that has no maximums, no co-signer requirement, and no capitalized interest.
$100 monthly payments while in training!
Whatever you need, Panacea Financial helps you get loans fast.
Here’s to better financial solutions for Dentists In Training.
$100 monthly payments while in training!1
Whatever you need, Panacea Financial helps you get loans fast. Here’s to better financial solutions for Dentist in training.
Learn More About Dental School Refinancing
Explore our collection of advice and tools to help dentists better position themselves for career and financial success.
- February 5, 2021
- January 4, 2021
- October 20, 2020
If you are looking to refinance federally held student loans please be aware of recent legislative changes that have suspended payments and waived interest on such loans until the end of January 2021 due to COVID-19. Please carefully consider these changes before refinancing federally held loans with Panacea Financial as in doing so you will no longer qualify for these changes or other future benefits applicable to federally held loans.
1. Time of reduced payments at $100 selected at time of loan orgination, up to three years. Borrowers can refinance for a further three years, maintaining $100 payments for a total of six years.
Doctor In Training Loan Refinance payment schedule examples:
7 year Reduced Payment Options:
7 year (84 months) fixed rate, $300,000 at 3.75% (3.73 % APR): Months 1 -12 @ $100.00 per month, Months 13-84 @ $4814.84 per month;
7 year (84 months) fixed rate, $300,000 at 3.75% (3.69 % APR): Months 1 -24 @ $100.00 per month, Months 25-84 @ $5856.51 per month;
7 year (84 months) fixed rate, $300,000 at 3.75% (3.63 % APR): Months 1 -36 @ $100.00 per month, Months 37-84 @ $7412.04 per month;
10 year Reduced Payment Options:
10 year (120 months) fixed rate, $300,000 at 4.25% (4.23 % APR): Months 1 -12 @ $100.00 per month, Months 13-84 @ $3475.52 per month;
10 year (120 months) fixed rate, $300,000 at 4.25% (4.18 % APR): Months 1 -24 @ $100.00 per month, Months 25-84 @ $3972.00 per month;
10 year (120 months) fixed rate, $300,000 at 4.25% (4.12 % APR): Months 1 -36 @ $100.00 per month, Months 37-84 @ $4604.38 per month;
15 year Reduced Payment Options:
15 year (180 months) fixed rate, $300,000 at 4.50% (4.48 % APR): Months 1 -12 @ $100.00 per month, Months 13-84 @ $2507.52 per month;
15 year (180 months) fixed rate, $300,000 at 4.50% (4.43 % APR): Months 1 -24 @ $100.00 per month, Months 25-84 @ $2746.46 per month;
15 year (180 months) fixed rate, $300,000 at 4.50% (4.37 % APR): Months 1 -36 @ $100.00 per month, Months 37-84 @ $3020.25 per month;
All associated discounts applied to Panacea and competitor rates and terms. All Panacea APRs assume a 0.50% discount to auto-pay from a Panacea Checking account. We offer a 0.25% discount to auto-pay from a non-Panacea checking account.
2. See the Dental School Refinance Application Disclosure for product information, rates, fees and other important product information.
3. Adverse Credit Event: accounts with a total outstanding balance greater than $2,085 that are 90 or more days delinquent as of the date of the credit report, or that have been placed in collection or charged off during the two years preceding the date of the credit report; default determination during the five years preceding the date of the credit report; bankruptcy discharge during the five years preceding the date of the credit report; repossession during the five years preceding the date of the credit report; foreclosure during the five years preceding the date of the credit report; charge-off/write-off of a federal student aid debt during the five years preceding the date of the credit report; wage garnishment during the five years preceding the date of the credit report; tax lien during the five years preceding the date of the credit report; consumer credit counseling within five years preceding the date of the credit report.
- If you are looking to refinance federally held student loans please be aware of recent legislative changes that have suspended payments and waived interest on such loans until the end of January 2021 due to COVID-19. Please carefully consider these changes before refinancing federally held loans with Panacea Financial as in doing so you will no longer qualify for these changes or other future benefits applicable to federally held loans.
- 1. All associated discounts applied to Panacea and competitor rates and terms. All Panacea APRs assume a 0.50% discount to auto-pay from a Panacea Checking account. We offer a 0.25% discount to auto-pay from a non-Panacea checking account. Medical Student Loan Refinance payment schedule examples: 5 year fixed rate, $300,000 at 2.75% APR is $5357.87 per month; 7 year fixed rate, $300,000 at 3.25% APR is $3,998.41 per month; 10 year fixed rate, $300,000 at 3.75% APR is $3,002.40 per month; 15 year fixed rate, $300,000 at 4.25% APR is $2,257.45 per month.
- 2. Adverse Credit Event: accounts with a total outstanding balance greater than $2,085 that are 90 or more days delinquent as of the date of the credit report, or that have been placed in collection or charged off during the two years preceding the date of the credit report; default determination during the five years preceding the date of the credit report; bankruptcy discharge during the five years preceding the date of the credit report; repossession during the five years preceding the date of the credit report; foreclosure during the five years preceding the date of the credit report; charge-off/write-off of a federal student aid debt during the five years preceding the date of the credit report; wage garnishment during the five years preceding the date of the credit report; tax lien during the five years preceding the date of the credit report; consumer credit counseling within five years preceding the date of the credit report.
- 3. See the Dental School Refinance Application Disclosure for product information, rates, fees and other important product information.
- 4. Calculator is for informational purposes only, actual payments may differ slightly based on when the loan is closed and when first payment date is scheduled. Refer to loan documents for exact payment.
