CALCULATE YOUR DEBT CONSOLIDATION SAVINGS
Use this tool to help you make sense of your debt consolidation plan. You'll be able to determine how much money you can save by consolidating your debts into one lower interest rate loan. Start by entering your current balance, interest rate and monthly payment of your debt. Click “Add Debt” to add up to five additional debts.
Add Debt 1
About Debt 1
Debt Type
Current Balance
Interest Rate
Monthly Payment
 
Debt 1 Term and Interest
Term
Term (Months)
Total Payment
Total Interest Payment
Add Debt 2
About Debt 2
Debt Type
Current Balance
Interest Rate
Monthly Payment
 
Debt 2 Term and Interest
Term
Term (Months)
Total Payment
Total Interest Payment
Add Debt 3
About Debt 3
Debt Type
Current Balance
Interest Rate
Monthly Payment
 
Debt 3 Term and Interest
Term
Term (Months)
Total Payment
Total Interest Payment
Add Debt 4
About Debt 4
Debt Type
Current Balance
Interest Rate
Monthly Payment
 
Debt 4 Term and Interest
Term
Term (Months)
Total Payment
Total Interest Payment
Add Debt 5
About Debt 5
Debt Type
Current Balance
Interest Rate
Monthly Payment
 
Debt 5 Term and Interest
Term
Term (Months)
Total Payment
Total Interest Payment
Consolidation Calculator
EXISTING DEBT SUMMARY
Total Principal Amount
Total Monthly Payment
Total Interest Payment
 
CONSOLIDATION CALCULATOR
My Debt Consolidation Plan
Proposed Interest Rate*
Proposed Monthly Payment**
 
Results of Debt Consolidation
Term
Term (Months)
Total Payment
Total Interest Payment
Savings on Interest Payment
* Proposed interest rate for illustrative purposes only
** Assume the same monthly payment as before consolidation
*** Payment may not add up precisely to toal due to rounding