Debt Consolidation Calculator
Last updated: July 2026
Compare current debt payments and interest with a proposed consolidation loan.
Estimated monthly payment change
—
- Current estimated payment: —
- New estimated payment: —
- Estimated total cost savings: —
- Origination fee included: —
On this page
Quick summary: Compare current debt payments and interest with a proposed consolidation loan. Enter realistic assumptions and compare more than one scenario before making a financial, insurance or home-improvement decision.
Read the complete guide
What this calculator estimates
Compare current debt payments and interest with a proposed consolidation loan. It is designed for fast planning and comparison in the United States. The output is an estimate, not a binding quote, approval, tax determination, insurance offer or professional recommendation.
How to use it
Enter the requested values using a single consistent time period and currency. Select Calculate, review the headline result and supporting figures, then change one assumption at a time to compare another scenario.
How the calculation works
Both scenarios use fixed-payment amortization. The proposed loan adds the origination fee to the amount financed before comparing payments and total paid.
Important limitations
Real credit-card balances may have different APRs and minimum-payment rules. A longer consolidation term can lower the payment while increasing total cost.
Frequently asked questions
Is the result exact?
No. It is a planning estimate based on the assumptions entered.
Can I compare different scenarios?
Yes. Change one input at a time so you can see which assumption changes the result.
Does the calculator store my inputs?
The calculation runs in the browser and does not require an account. Avoid entering unnecessary confidential information.