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Debt Consolidation Calculator

Consolidation basics

Debt consolidation combines several debts into one loan, ideally at a lower rate, so you make a single monthly payment.

Crunch the numbers

Add up your total debt and enter it into the loan calculator with your expected new rate to see the new monthly payment.

Know your break-even

Compare your new total interest against what you pay now. Lower is better — otherwise consolidation may not be worth it.

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