Personal Debt Consolidation Calculator

One new loan might help you deal with all your debt

Have some big credit card balances? A hefty car loan and other consumer debt? It may pay off to take out a lower-interest loan and consolidate your debts into one monthly payment. If you're paying a high interest rate on credit cards or on other loans, debt consolidation might save you money on interest charges. This calculator will help you total up all of your outstanding debt, factor in the interest rate on consolidation loans, and then estimate your new monthly payment.

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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.