Back to Financial Calculators
Debt Consolidation Calculator
Compare your current debt payments to a consolidated loan to see potential savings.
Current Debts
Debt #1
Debt #2
Consolidation Loan
Consolidated Monthly Payment
$317.37
Total Balance
$13,000.00
Current Monthly
$350.00
Interest Saved
$6,301.21
Months Saved
25
Side-by-Side Comparison
| Current | Consolidated | |
|---|---|---|
| Monthly Payment | $350.00 | $317.37 |
| Total Interest | $8,534.87 | $2,233.66 |
| Time to Pay Off | 73 months | 48 months |
| Total Paid | $21,534.87 | $15,233.66 |