§ Tool · tier 1 · independent
Credit Card Debt Destroyer.
Calculate how a personal loan can eliminate your high-interest credit card debt faster and cheaper
CalculatorFree, no signupOn-deviceupd May 2026
Inputs
Your numbers
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Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.
Trapped in high-interest credit card debt? This calculator shows how using a personal loan to pay off your cards can save you thousands in interest and get you debt-free years sooner.
§ Worked examples
Real-world scenarios
Single Card Debt
Maria has $10,000 on a card at 21% paying $250/month minimum.
Inputs
balance:10,000cardRate:21payment:250plRate:9
A 3-year personal loan saves $4,800 in interest and pays off 2 years faster.
Multiple Card Balances
Tom has $25,000 across 3 cards averaging 19% paying $600/month.
Inputs
balance:25,000cardRate:19payment:600plRate:11
Consolidating to one loan saves $8,200 and simplifies to one monthly payment.
§ FAQ
Questions Australians ask
§ GlossaryDebt Consolidation Combining multiple debts into a single loan with one interest rate and one payment. Interest Savings The total amount you avoid paying by switching to a lower interest rate option. Payoff Acceleration How much faster you become debt-free compared to current minimum payments.