Debt Consolidation Calculator
Combine multiple loans into one manageable payment and see how much you could save
Your Current Loans
Consolidation Loan Details
Consolidation Results
Your Potential Savings
See how much you could save by consolidating your debts
New Monthly Payment
$0
Current Monthly Payments
$0
Monthly Savings
$0
Total Interest Paid
$0
Payment Comparison
| Loan | Current Payment | Remaining Term |
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About This Debt Consolidation Calculator
Our Debt Consolidation Calculator helps you determine if combining multiple debts into a single loan could save you money. This tool calculates your potential savings, new monthly payment, and compares your current debt situation with a consolidated loan option.
Please note that this is an estimation tool. Actual loan terms and savings may vary based on your creditworthiness and lender policies.
Benefits of Debt Consolidation
Simplified Payments
Manage one payment instead of multiple due dates
Potential Savings
Lower interest rates can reduce total interest paid
Fixed Timeline
Clear payoff date with a structured repayment plan
Credit Score Impact
On-time payments can help improve your credit score
How to Use This Calculator
Using this debt consolidation calculator is simple:
- Add your current loans – Click “Add Another Loan” for each debt you want to consolidate
- Enter loan details – Include balance, interest rate, and remaining term for each loan
- Set consolidation terms – Enter the interest rate and term for your potential consolidation loan
- Calculate savings – See your potential monthly savings and total interest reduction
- Compare options – Review the side-by-side comparison of your current vs. consolidated payments