Debt Consolidation Calculator

Fixed interest rate, fixed monthly payment, 1-7 year terms. Good for consolidating credit card debt at lower rates.

0% introductory APR for 12-21 months, then variable rate. Best for debt you can pay off during the promotional period.

Lower interest rates but uses your home as collateral. Tax-deductible interest in many cases.

Work with credit counseling agency to negotiate lower interest rates and create a payment plan.

Consider origination fees, balance transfer fees, and closing costs when calculating your true savings.

Consolidation may temporarily lower your score, but can improve it long-term by reducing credit utilization.

Secured loans put your assets at risk. Make sure you can afford the new payment before proceeding.

Consolidation only works if you avoid accumulating new debt. Address spending habits first.