Debt Consolidation Calculator

This calculator will show you how consolidating your all of your debts into one lower interest loan can reduce your monthly payments.

  • Step 1. Enter each one of the debts that you would like to pay off, along with their balances, monthly payment amounts, yearly interest rates, and annual fees.
  • Step 2. Enter the details for the debt consolidation loan you are considering.
  • Step 3. Click on the Calculate button and compare the numbers.

Balance Payment Interest
Additional Cash?
New Loan Information
Enter data about your planned New Loan with us (change any of the proposed numbers below).
Proposed interest rate (%):
Loan term:
Estimated closing costs ($):
Federal & state tax rate (%):
Results Current New Loan
Total debts:
Effective rate before taxes:
Effective rate after taxes:
Total monthly payment:
Monthly savings:
Annual savings:
Five year savings:
Ultimate Savings Report
Total years SAVED if same OLD payments are made on NEW loan:
Total years until "FREE & CLEAR" if savings are paid to principal:
TOTAL INTEREST SAVED over life of loan if savings are applied to principal: