If you have multiple, high–interest, unsecured loans or credit card debt, a Debt Consolidation Loan may be a good way to lower what you pay in interest and reduce your debt to one easy monthly payment. You can even apply online from the comfort and privacy of your own home and, in most cases, receive an instant decision.
This calculator will show you how consolidating all of your debts into one lower-interest loan can reduce your monthly payments. Enter each one of the debts that you would like to pay off, along with their corresponding principal balances, interest rates, and monthly payment amounts. Once you have all your debts entered, make any desired changes to the new loan information default entries, then click the calculate button.