Consolidation Analysis
Enter your debts and the consolidation offer details.
Consolidation savings
$0
Monthly payment: $0 vs $0
Total debt
$0
Separate monthly payment
$0
Consolidated monthly payment
$0
Separate total interest
$0
Consolidated total interest
$0
Interest saved
$0
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Debt 1 balance ($) | $10,000 |
| Debt 1 APR (%) | 22% |
| Debt 2 balance ($) | $5,000 |
| Debt 2 APR (%) | 18% |
| Debt 3 balance ($) | $3,000 |
| Debt 3 APR (%) | 15% |
| Consolidation loan APR (%) | 9% |
| Consolidation term (months) | 60 |
| Result | Value |
|---|---|
| Consolidation savings | $6,053 |
| Total debt | $18,000 |
| Separate monthly payment | $475 |
| Consolidated monthly payment | $374 |
| Separate total interest | $10,472 |
| Consolidated total interest | $4,419 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Consolidation Analysis
- Debt 1 balance ($) — default $10,000
- Debt 1 APR (%) — default 22%
- Debt 2 balance ($) — default $5,000
- Debt 2 APR (%) — default 18%
- Debt 3 balance ($) — default $3,000
- Debt 3 APR (%) — default 15%
- Consolidation loan APR (%) — default 9%
- Consolidation term (months) — default 60
- Press Calculate to update the results instantly.