← All calculators

    Debt Consolidation Calculator

    Roll high-interest debts into one lower monthly payment. See your savings instantly.

    Your current debts

    Name
    Balance
    Rate %
    Payment

    Consolidation loan

    %
    yrs

    Estimated interest savings

    $0

    Total debt

    $24,700

    Current payment

    $780/mo

    New payment

    $229/mo

    Monthly savings

    $551

    Want a copy of these numbers? We'll email them to you.

    This is an estimate for educational purposes only. Not a commitment to lend.

    Want a real quote from a loan officer?

    Get a personalized rate in minutes — no obligation.

    Toll Free: 1-866-666-2378 (866-666-BEST)

    Frequently asked questions

    Can I consolidate debt with a mortgage refinance?

    Yes — a cash-out refinance can pay off higher-rate debts, often at a much lower interest rate than credit cards.

    Will consolidating hurt my credit?

    Short-term impact from a hard inquiry is usually minor, and paying off revolving balances typically improves your score over time.

    Are there risks to consolidation?

    You're converting unsecured debt to secured debt against your home, and stretching the term may increase total interest if you don't stay disciplined.

    Licensed in 4 states

    Illinois
    Georgia
    Florida
    Texas

    Commercial and Non-QM programs are available in most states.

    Mortgage Assistant

    Ask me anything about mortgages

    👋 Hi! I'm here to help.

    Ask me about loan types, requirements, or get a rate estimate.