Debt Consolidation Calculator – Loan Consolidation

Calculate savings from debt consolidation. Compare consolidation loan vs. current debt payments.

Debt Consolidation Calculator – Loan Consolidation

Calculate savings from debt consolidation. Compare consolidation loan vs. current debt payments.

Combined debt amount

Current weighted average rate

New consolidation loan rate

New loan term

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Monthly Payment Savings
💰

Financial calculation complete

Benefits of Debt Consolidation

Debt consolidation can simplify payments and potentially reduce interest rates. However, it's important to compare the total cost and avoid taking on new debt after consolidation.

How to Use This Calculator

Follow these simple steps to get accurate results:

  1. Enter your total debt amount
  2. Enter your current average apr (%)
  3. Enter your consolidation apr (%)
  4. Enter your consolidation term (years)
  5. Click the "Calculate" button to see your results
  6. Review the detailed breakdown and explanation

Why Use Our Debt Consolidation Calculator – Loan Consolidation?

  • 100% free and no registration required
  • Instant, accurate calculations with professional formulas
  • Mobile-friendly design that works on any device
  • Privacy-focused - your data never leaves your browser
  • Educational content to help you understand the results

Frequently Asked Questions

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