Step 1: Calculate your savings
Enter your current debt and APR. Your monthly payment helps estimate how long payoff takes. Then compare it against a consolidation loan term + APR.
Debt Consolidation Calculator
Compare your current credit card payoff path with a potential consolidation loan. See total interest, payoff time, and a clear savings estimate — then continue to view options.
⚡Instant payoff simulation
📉APR + interest comparison
🧾Shows total paid & months
🔒No signup required
📚 How it works
Debt consolidation in one sentence
Debt consolidation combines multiple high-interest balances into a single loan, ideally at a lower APR, so you pay less interest and simplify payments.
🧮 The math behind the scenes
For your current credit card path, we simulate month-by-month payoff using your monthly payment and APR. For the consolidation loan, we compute the fixed payment for your chosen term using standard amortization.
Note: This is an estimate. Cards can have changing APRs, fees, and minimum-payment rules.
❓ FAQ
Frequently asked questions
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Why does my “as-is” payoff look so long?
Your payment may be close to (or below) the monthly interest. In that case, the balance barely shrinks.
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Will a lower APR always save money?
Usually — but fees and longer terms can offset savings. Compare total interest + fees, not just payment size.
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Should I pick the longest term to lower the payment?
Lower payments feel easier, but longer terms often increase total interest. Use the calculator to compare terms.