Debt Consolidation Calculator V3

Credit Type Balance Payment Interest Rate Annual Fees
Additional Cash?

New Loan Information

Proposed interest rate (%):
Loan term:
Estimated closing costs ($):
Income tax rate (%):

  

Results

Current New Loan
Total debts:
Effective rate before tax:
Effective rate after tax:
Total monthly payment:
Monthly savings:
Annual savings:
Five year savings:
Ultimate Savings Report
Total years SAVED if same OLD payments are made on NEW loan:
Total years until "FREE & CLEAR" if savings are paid to principal:
TOTAL INTEREST SAVED over life of loan if savings are applied to principal: