Debt Consolidation Calculator

How to use this tool

Add each debt's balance, APR, and minimum payment. Enter the consolidation APR and term, and optionally an origination fee as dollars or a percent of total balance.

Worked example

Consolidating several high-APR debts totaling $8,000 into a 10% 48-month loan with a 2% origination fee often lowers the monthly payment; check whether lifetime interest plus the fee is still a win.

How it works

Compares continuing to pay your existing debts versus rolling them into one consolidation loan with a new rate and term. Optional origination fees (percent or fixed dollars) are added to the consolidated principal.

Limitations

Estimates only for educational purposes. Not financial, tax, or legal advice. Verify figures with your lender, advisor, or official IRS/SSA sources before making decisions.

Privacy and file handling

Your data stays on your device and is not uploaded.

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