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Debt Consolidation Calculator
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Debt Consolidation Calculator helps you to calculate your monthly payments and the reduction of amount due to Debt Consolidation. It also helps you to find out the number of months for payment savings to offset closing costs.
Description
Name of the Creditor
Exisiting Balance
Monthly Payment
Card
Auto
Loan
Mortgage
Other
$
$
Card
Auto
Loan
Mortgage
Other
$
$
Card
Auto
Loan
Mortgage
Other
$
$
Card
Auto
Loan
Mortgage
Other
$
$
Card
Auto
Loan
Mortgage
Other
$
$
Debt Consolidation Loan Details
Annual Interest Rate
Loan Term (Years)
Closing Costs
Percentage Points (%)
Dollar Amount ($)
(Generally Closing Costs run 2% of the Loan Amount)
Would you prefer financing the Closing Costs ?
Yes
No
Monthly Payments after Consolidation
$
Reduction in Monthly Payments
$
Number of Months to off-set Closing Costs
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