Does SoFi have a variable rate product? February 24, 2020 22:59 Updated Yes, we have a variable rate product. Please visit our Rates page for more information about our interest rate options. Related articles Is it possible to refinance both federal and private student loans? If interest rates rise and I have a variable rate loan, what is the highest rate I could pay? When can I refinance? Can my spouse and I refinance and consolidate all of our loans into one? Who do I contact with questions about my Student Loan Refinance payments?