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Debt Consolidation Calculator

Compare current weighted debt cost with a proposed consolidation loan after origination fees.

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Calculator inputs

Enter your values

Result

Your calculation

Proposed monthly payment
US$656.53
Estimated cost difference
US$5,028.84
Potential savings
Current payoff
4 years, 8 months
Proposed payoff
5 years, 0 months
Fee financed
US$900.00

How to use this calculator

  1. Enter the amount, rate, timing, and fees that apply to your scenario.
  2. Calculate to compare the periodic result with total cost or growth.
  3. Change one assumption at a time and confirm current rates or rules before deciding.

Use the result with context

Results are estimates for planning and education. Confirm rates, taxes, fees, and legal requirements with the relevant institution or a qualified professional before making a financial decision.