Debt Consolidation Calculator
Would consolidating your debt save you money?
Enter all your current debts, then compare against a consolidation loan to see the exact monthly savings and interest reduction.
Your Current Debts
| Name | Balance ($) | APR (%) | Min Payment ($) | |
|---|---|---|---|---|
Consolidation Loan Terms
Personal loans avg: 10–14% for good credit (April 2026)
Total Debt
$16,000
Weighted APR: 18.8%
Monthly Extra Cost
$3.90
$343.90/mo vs $340.00/mo
Interest Saved
$8,653
over the loan term