Personal Finance Calculators

Should I consolidate my debt with a new loan?

If you carry high-interest debt on credit cards, student loans or other personal loans, a debt consolidation loan could help you save money and make your monthly payments simpler. Let’s do the math to see how much you might save.

Consolidated loan information
Current debt information
Current debt information table
BalanceMonthly paymentYearly rate (0% to 40%)
Credit card 1 ($)
Credit card 2 ($)
Credit card 3 ($)
Credit card 4 ($)
Auto loan 1 ($)
Auto loan 2 ($)
Boat/RV loan ($)
Other loan 1 ($)
Other loan 2 ($)
Other loan 3 ($)

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.

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