Debt Consolidation Calculator.
See if consolidating your debts into one personal loan will save you money
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.
Juggling multiple debts with different rates and due dates? Debt consolidation combines all your debts into one loan with one monthly payment. But it's only a good idea if it actually saves you money. Our calculator shows you the numbers.
Real-world scenarios
Credit Card + Personal Loan
Tom has $8,000 on credit cards at 20% and $12,000 personal loan at 14%. Offered consolidation at 9.5% over 5 years.
Inputs
Current monthly minimum: ~$700. New single payment: $420. Interest saved over 5 years: ~$4,800. Clear win for consolidation.
Small Credit Card Balance
Sarah has $3,000 on a credit card at 18%. Offered 10.5% consolidation loan over 3 years.
Inputs
Interest saved: $341 over 3 years. But - check balance transfer cards first. A 0% card for 18 months would save $450+ if paid off in time.