Debt Consolidation Calculator
Compare your current debts with a single consolidated loan to see potential savings.
Inputs explained
- Total Debt — The combined balance you owe. Example: 25000.
- Current Avg Rate (%) — The weighted average rate on your current debts. Enter 19 for 19%.
- New Rate (%) — The rate on the consolidation loan. Enter 9 for 9%.
- New Term (months) — Repayment length of the new loan. Example: 48.
How to use it
- Fill in the fields above — each input has a hint describing exactly what to enter
- Press Calculate to get your result instantly, right on this page
- Copy the result, save the tool to favorites, or share and embed it anywhere
Understanding the result
Example: Consolidating $25,000 from 19% to 9% over 48 months can save thousands in interest.
Frequently asked questions
Is the Debt Consolidation Calculator free to use? Yes — it is completely free, with no sign-up, no download and no usage limits. You can use it as often as you need.
Is my data private? Yes. The calculation runs entirely in your browser — the values you enter are never sent to our servers, stored or shared with anyone.
What information do I need? Just the following: Total Debt, Current Avg Rate (%), New Rate (%), New Term (months). Each field includes a hint explaining exactly what to enter.
Can I use it on my phone? Yes — the tool is fully responsive and works on any device, and the same calculator is available in the EasyWorkCalcs mobile app.
Privacy
Everything you enter into the Debt Consolidation Calculator is processed entirely in your browser. Nothing is uploaded, stored or shared — your data stays on your device.