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To consolidate debt, first calculate the loan you need

It's easier to conquer debt when you streamline multiple payments into one place.

This calculator will help you determine if a consolidation loan could save you money. Include your monthly payments, interest, savings, existing loans and credit card amounts to determine if a consolidation loan will be helpful. You may not want to include loans that are almost paid off.

If you own a home, obtaining a home equity loan or home equity line of credit may be preferred since they typically have lower interest rates than personal loans.

Debt consolidation calculator

All fields are required. If something doesn't apply, place a 0 in the field.

Auto, Boats, RV, and Education

Auto 1

Auto 2

Recreational vehicle

Boat

Education

Credit cards and other loans

Credit card 1

Credit card 2

Credit card 3

Credit card 4

Other loan 1

Other loan 2

Consolidation loan information

Consolidation results

Your loans today

Balance: $0
Monthly payment: $0
Total payment: $0
Total interest: $0

Consolidation totals

Balance: $0
Monthly payment: $0
Total payment: $0
Total interest: $0
A consolidation loan in the amount of $0 for 0 months at 1 interest will save you $0 in interest.
Your monthly payment today is $1.
Your new consolidated payment would be $1.

Neither State Farm® nor its agents provide tax or legal advice. This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. Please consult your own adviser regarding your particular circumstances.




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