Debt Consolidation Calculator
Last updated: October 15, 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.
Read the complete guide
Updated reference sections in this guide are in English.
What this calculator estimates
Compare current debt payments and interest with a proposed consolidation loan.
How to use it
Enter Total balances to consolidate ($); Average current APR (%); Current payoff period (years); Consolidation loan APR (%); New loan term (years); Origination fee (%). Select Calculate to update the results.
How the calculation works
Both scenarios use fixed-payment amortization. The proposed loan adds the origination fee to the amount financed before comparing payments and total paid.
Worked example: starting scenario
| Total balances to consolidate ($) | 25000 |
|---|---|
| Average current APR (%) | 24 |
| Current payoff period (years) | 4 |
| Consolidation loan APR (%) | 11 |
| New loan term (years) | 5 |
| Origination fee (%) | 3 |
| Estimated monthly payment change | $255.18 lower |
|---|---|
| Current estimated payment | $815.05 |
| New estimated payment | $559.87 |
| Estimated total cost savings | $5,530.16 saved |
| Origination fee included | $750.00 |
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.