Consolidating credit cards calculator
The Student Loan Consolidation and Debt Payoff calculator applies two simple principles to paying off your Debt; Consolidate your student loans, and use the monthly savings to pay off your other outstanding debt.
If you owe money on multiple credit cards and can't afford to pay them off now, check out our Credit Card Consolidation Calculator.
There's nothing complex about smart credit card usage, yet credit cards are the downfall of so many people's financial future.
The majority of credit cards have absolutely terrible interest rates and fees.
With interest rates at historical lows, it may make sense to consolidate some of your credit card and other personal debt into a new consolidated loan, typically a home-equity loan.
Consolidation loans can significantly reduce your required monthly payment because they are generally amortized over 10 or 15 years.
Calculators are designed to be an approximation using information you provide.