Debt-Consolidation Comparison Calculator
Compare the estimated current payoff path for up to three debts with a proposed consolidation loan, including the risk of extending the term.
Your assumptions
Comparison
Enter your figures and calculate. Results are estimates, not a quote or credit decision.
Why can a lower repayment leave you paying more?
Moving short-term debt into a longer loan can reduce the monthly requirement while adding years of interest. The results compare each entered current balance at its entered monthly payment with the proposed consolidation term and fees.
If the proposed lender is your mortgage lender, confirm the additional debt is tracked and repaid over the intended shorter period. Read personal loan versus mortgage top-up and compare matched repayment terms.
How to use the result
The current-debt estimate assumes the entered monthly payments continue. Credit-card minimum payments can change, so use a realistic fixed payment if possible.
Closing or reducing old revolving limits can matter separately from the interest calculation.
Read the calculation methodology and assumptions.
If the numbers justify a closer look, send the transaction details for an initial broker review.
Review my consolidation optionsGeneral information only. Calculator results are estimates and do not account for every fee, tax outcome, contract feature or lender rule. Finance approval and pricing are subject to lender assessment.