Free tool
Debt consolidation calculator.
See exactly how much you could save by replacing your credit cards with a single fixed-rate consolidation loan. Enter your balances and APRs — the math updates instantly.
Your current debts
New consolidation loan
YOUR NEW MONTHLY PAYMENT
$381 / mo
60 months · 14.99% APR · $16,000 consolidated
CURRENT WEIGHTED APR
24.61%
NEW FIXED APR
14.99%
TOTAL INTEREST (CURRENT)
—
TOTAL INTEREST (NEW)
$6,833
ESTIMATED SAVINGS
—
in interest · paid off 540 months sooner
Soft inquiry · no obligation. Real offers depend on lender review.
Calculator is for illustration only and not an offer of credit. Current-debt projections assume credit-card minimum payments of 2% of balance (or $25 minimum). Actual payoff time and interest depend on minimum-payment formulas, fees, and continued spending.
About the calculator
Common questions.
How does a debt consolidation loan calculator work?
Enter the balance and APR for each debt you'd consolidate. The calculator computes your current weighted-average rate and total interest if you keep paying as-is, then compares it to a new fixed-rate consolidation loan at the term you select — so you can see the monthly payment, total interest, and time saved.
Are the calculator results an offer?
No. The calculator is an estimate based on the values you enter. Actual loan offers, APRs, fees, and terms are determined by individual lenders after reviewing your full credit profile, income, and other factors.
Which APR should I use for the consolidation loan?
Pick the credit tier that matches your most recent credit score. The defaults reflect typical APR ranges across our partner network, but your actual offer can be higher or lower based on income, DTI, and the lender's underwriting.
Does using this calculator affect my credit?
No. The calculator runs entirely in your browser — no information is submitted. Checking real rates on LendWyse uses a soft inquiry, which also does not affect your credit score.
Want the full picture? Read the debt consolidation loan guide →
Your turn
See your debt consolidation loan options.
Check options from lending partners with a soft inquiry and no obligation to accept an offer.
Check my rateNO CREDIT IMPACT TO CHECK OPTIONS · 60 SECOND FORM · NO OBLIGATION
