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DEBT / SAME-TERM COMPARISON

Debt Consolidation Calculator

Compare current debt at one blended rate with a consolidation loan over the same term, including an upfront fee added to the new balance.

  • 01 Calculated in this tab
  • 02 Values stay in this browser tab
  • 03 Use boundary

Conversion input

Known value

Filter by unit name, symbol, or code. Your current selections remain available.

Scenario

Rates and timing

Scenario

Preparing the calculator...

Use boundary

Calculation path

Both scenarios are amortized over the same number of months. The fee is added to the consolidation principal so the headline rate does not hide financed cost.

Calculation path

Both scenarios use the same selected payoff term; the consolidation fee is added to the new principal.

What you provide

What you provide

  • Debt to consolidate: Combined balances included in the comparison.
  • Current blended annual rate: Weighted average rate across the included debts.
  • Consolidation annual rate: Quoted reducing-balance rate for the new loan.
  • Comparison payoff term: Use the same payoff term for both scenarios.
  • Fee added to new balance: Origination or consolidation fee financed into the loan.

What you receive

What you receive

  • Current and consolidated monthly payment
  • Estimated total saving or extra cost
  • New balance after the entered fee

Use boundary

Choose the maximum decimal places shown. This does not increase source accuracy.

Do not compare a short current payoff with a much longer consolidation term without reviewing total repayment.

This is an educational planning estimate. Confirm lender, issuer, tax, accounting, and contractual rules with the relevant provider or qualified adviser before acting.

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