Debt consolidation
Debt Consolidation Calculator
Compare your current debt payoff path with a new consolidation loan to estimate payment, cost, and savings.
Payment changeold vs new
Total costinterest and fees
Break-evenfee recovery estimate
Estimated new monthly payment
$0
Monthly payment change$0
Estimated total savings$0
Current payoff time0 months
New payoff time0 months
Origination fee$0
Fee break-evenNot reached
Enter your current debts and new loan terms to compare options.
Cost comparison
Current total interest$0
New total interest$0
Current total paid$0
New total paid with fee$0
How this debt consolidation calculator works
The current debt path is estimated using your total balance, weighted APR, and current monthly payment. The consolidation path uses a fixed-rate amortization formula for the new loan, then adds any origination fee to the total cost comparison.
This estimate does not include balance transfer promotional rules, late fees, changing credit card minimums, tax effects, credit score changes, or lender-specific underwriting. Debt consolidation may not help if it extends repayment too long or if new balances are added after consolidating.