1 minute read
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.
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.
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