Debt Consolidation Calculator

Compare your current debt payments with a consolidated loan to see potential savings.

Current Debts

Debt 1
$
%
$
Debt 2
$
%
$
Debt 3
$
%
$

Consolidation Loan Terms

%
months

Monthly Savings

$175.58

per month with consolidation

Total Debt
$16,000.00
Interest Savings
$2,284.66

Current vs Consolidated

Current Monthly Payment$500.00
Consolidated Payment$324.42
Monthly Savings$175.58

Interest Comparison

Current Avg Rate16.44%
Current Total Interest$5,750.00
Consolidated Interest$3,465.34
Total Savings$2,284.66

Payoff Timeline

Current Payoff Time52 months
Consolidated Term60 months