Debt Consolidation Calculator

Compare your current debts with a potential consolidation loan.

Current Debts

Enter up to four debts. Leave unused rows blank.

Balance ($)APR (%)Monthly Payment ($)

Potential Consolidation Loan

Loan APR (%)Term (Years)Origination Fee (%)

Total Debt—

Current Monthly Payments—

New Estimated Payment—

Monthly Payment Difference—

Estimated Current Interest—

New Interest + Fee—

Estimated Interest Savings—

How Debt Consolidation Works

Debt consolidation combines multiple debts into one new loan. A lower rate may reduce interest costs. A longer term may lower the monthly payment but can increase total cost.

Important

This calculator provides educational estimates only. Actual lender offers, fees, credit requirements and loan terms vary. Results are not financial, legal, tax or credit advice.