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Debt Consolidation Calculator

Estimate how combining multiple debts into one loan may change interest costs and monthly payments.

Debt consolidation

Your Current Debts

This is the average rate across all your debts

Consolidation Loan Details

⚠️ Things to Consider

Debt consolidation may reduce costs for some borrowers, but it's important to understand the full picture:

  • Origination fees: Some lenders charge 1-8% of the loan amount
  • Credit impact: Applying for a loan will result in a hard inquiry
  • Temptation: Don't run up new debt on your paid-off cards
  • Total cost: Longer terms might mean lower payments but more total interest
🏦 Ready to Consolidate?

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Review listed personal loan options and confirm each lender's credit-check process before submitting an application.

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