It's easy to rack up the bills, sometimes harder to pay them all off. Maybe you have a few credit cards with outstanding balances, plus a loan or two. What could happen if you combine that debt into a new loan? You might be able to save money on your interest each month. How much? This calculator can help you find out. Enter your credit card balances, auto loan and other loans and see how a new loan could save you money, based on its rate and term.

Debt Consolidation Calculator

Should you consolidate your debt? This calculator is designed to help determine if debt consolidation is right for you. Fill in your loan amounts, credit card balances and other outstanding debt. You can then see what your monthly payment would be with a consolidated loan. Try adjusting your terms, loan types or rate until you find a consolidation plan that fits your needs - and most importantly your budget!

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.