What is a debt consolidation calculator?

This Debt Consolidation Calculator will help you compare the costs of all your current debts – mortgages, credit cards, auto loans, student loans, and more – with that of a debt consolidation loan. No more guessing on the best choice – you'll know with confidence! Debt consolidation loans are simple.

Why should you use the Debt Consolidation Loan Calculator?

The tool's high functionality ensures broad applicability; for example, you can use the debt consolidation loan calculator to support decision-making when it comes to consolidation of credit card debt or you can use it to study any other consolidation loan.

How to set up a consolidation loan?

Debt specifications: Set the debt balances with their related interest rates and monthly payment amounts. If you choose a varied type of payment, you need to set this parameter as well. Amount to be consolidated: the consolidation loan amount might be the same as your total debt, but it can differ.