It will depend on the terms that you are able to find from different lenders. The easiest way to get a very low monthly payment would be to stretch out the repayment term - for example, if you are currently set to repay the loans over 10 years and consolidate to a 30-year loan, then your payments would be smaller. However, that may not be the best course of action, as you would want to look at how much interest you would end up paying, etc. The best way would probably be to contact different lenders and see what terms each would offer. Then assess those options in comparison to the current terms and decide whether it is in your best interest to consolidate, and with whom. Best of luck.
You can consolidate your student loans into a new loan (assuming you'll find a lender) and if the overall terms are better then you'll end up with the lower monthly payments.
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