Compare Your Debt Options
Enter your current debts (credit cards, loans, etc.) and compare them with a potential debt consolidation loan. See your potential monthly savings, interest savings, and how much faster you could pay off your debt.
Current Debts
Enter your current debts (up to 10). Include the balance, interest rate, and minimum monthly payment for each.
Debt 1
$
%
$
Debt 2
$
%
$
Consolidation Loan
$
%
months
Consolidation Comparison
Current Total Monthly
$250.00
Total of all minimum payments
New Monthly Payment
$265.71
Single consolidated payment
Monthly Savings
-$15.71
Pay $15.71 more per month
Interest Savings
$1,813.22
Save $1,813.22 in total interest
Time Savings
11 months
Pay off 11 months faster
Debt Consolidation Report
February 10, 2026
| CURRENT DEBTS | |||
|---|---|---|---|
| Debt # | Balance | Interest Rate % | Min Payment |
| 1 | $5,000.00 | 18% | $150.00 |
| 2 | $3,000.00 | 22% | $100.00 |
| TOTAL | $8,000.00 | $250.00 | |
Consolidation Loan
New Loan Amount: $8,000.00
Interest Rate: 12%
Loan Term: 36 months
| COMPARISON SUMMARY | |
|---|---|
| Current Total Monthly | $250.00 |
| New Monthly Payment | $265.71 |
| Monthly Savings | -$15.71 |
| Current Total Interest | $3,378.95 |
| New Total Interest | $1,565.72 |
| Interest Savings | $1,813.22 |
| Current Payoff | 3 years, 11 months |
| New Term | 36 months |
| Time Savings | 11 months |
| CONSOLIDATED LOAN AMORTIZATION | ||||
|---|---|---|---|---|
| Payment # | Payment | Principal | Interest | Balance |
| 1 | $265.71 | $185.71 | $80.00 | $7,814.29 |
| 2 | $265.71 | $187.57 | $78.14 | $7,626.71 |
| 3 | $265.71 | $189.45 | $76.27 | $7,437.27 |
| 4 | $265.71 | $191.34 | $74.37 | $7,245.92 |
| 5 | $265.71 | $193.26 | $72.46 | $7,052.67 |
| 6 | $265.71 | $195.19 | $70.53 | $6,857.48 |
| 7 | $265.71 | $197.14 | $68.57 | $6,660.34 |
| 8 | $265.71 | $199.11 | $66.60 | $6,461.23 |
| 9 | $265.71 | $201.10 | $64.61 | $6,260.13 |
| 10 | $265.71 | $203.11 | $62.60 | $6,057.02 |
| 11 | $265.71 | $205.14 | $60.57 | $5,851.87 |
| 12 | $265.71 | $207.20 | $58.52 | $5,644.68 |
| 13 | $265.71 | $209.27 | $56.45 | $5,435.41 |
| 14 | $265.71 | $211.36 | $54.35 | $5,224.05 |
| 15 | $265.71 | $213.47 | $52.24 | $5,010.57 |
| 16 | $265.71 | $215.61 | $50.11 | $4,794.96 |
| 17 | $265.71 | $217.76 | $47.95 | $4,577.20 |
| 18 | $265.71 | $219.94 | $45.77 | $4,357.26 |
| 19 | $265.71 | $222.14 | $43.57 | $4,135.12 |
| 20 | $265.71 | $224.36 | $41.35 | $3,910.75 |
| 21 | $265.71 | $226.61 | $39.11 | $3,684.15 |
| 22 | $265.71 | $228.87 | $36.84 | $3,455.27 |
| 23 | $265.71 | $231.16 | $34.55 | $3,224.11 |
| 24 | $265.71 | $233.47 | $32.24 | $2,990.64 |
| 25 | $265.71 | $235.81 | $29.91 | $2,754.83 |
| 26 | $265.71 | $238.17 | $27.55 | $2,516.66 |
| 27 | $265.71 | $240.55 | $25.17 | $2,276.11 |
| 28 | $265.71 | $242.95 | $22.76 | $2,033.16 |
| 29 | $265.71 | $245.38 | $20.33 | $1,787.78 |
| 30 | $265.71 | $247.84 | $17.88 | $1,539.94 |
| 31 | $265.71 | $250.32 | $15.40 | $1,289.63 |
| 32 | $265.71 | $252.82 | $12.90 | $1,036.81 |
| 33 | $265.71 | $255.35 | $10.37 | $781.46 |
| 34 | $265.71 | $257.90 | $7.81 | $523.56 |
| 35 | $265.71 | $260.48 | $5.24 | $263.08 |
| 36 | $265.71 | $263.08 | $2.63 | $0.00 |
Export Your Debt Consolidation Report
Save or share your comparison for reference
Spreadsheets include current debts and consolidated loan amortization
Current vs Consolidated
Loading chart...