Debt payoff calculator
Enter your current debt, interest rate, and monthly payment to see how long you’ll be paying. Then adjust the loan rate and term on the right to compare a consolidation loan — plug in a real offer to see exactly what it would do.
Your situation today
A consolidation loan
Enter the rate and term you’re considering. Personal loans typically run about 7%–36% APR depending on credit.
Staying as you are
- Time to pay off
- 7 yrs 7 mos
- Total interest
- $29,290
- Monthly payment
- $600
With a consolidation loan
- Time to pay off
- 4 yrs
- Total interest
- $8,391
- Monthly payment
- $695.64
See the difference
Your estimated benefit
Save about $20,899 in interest and 3 yrs 7 mos
Based on the rate and term above. Your real numbers depend on the offer you qualify for.
Want help getting a rate like this?
We’ll review your numbers with you and walk through what you’d actually qualify for — no pressure.
This calculator provides estimates for educational purposes only. Results are not an offer, quote, or guarantee of any loan, rate, term, or savings. Actual figures depend on your credit, income, and the terms you are offered. Interest is estimated using simplified monthly compounding and assumes fixed payments and rates.