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Should I consolidate my debt?

One payment instead of five is easier to live with, but only helps your wallet if the new rate beats what you are paying now — after any fee. Tick the debts you would roll in, leave the cheap ones out, and see both sides.

What you owe now

TICK WHAT YOU'D ROLL IN
$
%
$

The consolidation loan

OFFER
%
yrs
$
$

Optional. Enter a limit and the ticks above are set to the debts worth paying off within it — highest rate first, stopping at anything priced below the loan. You can change them afterwards.

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Add at least one debt with a balance and minimum payment, plus the loan you were offered.

Save or send these numbersEmail

All four happen in your browser. Your figures are not sent anywhere — the email opens in your own mail app, already filled in.

Where the savings go when the term gets longerA written guide to the rules behind this calculator →
For educational purposes only. Consolidation loan offers depend on credit and income, and a longer term can lower the payment while raising total interest. Closing the old accounts can also move your credit score.