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Debt consolidation calculator

Should I consolidate my debt?

Enter how much you pay toward this bill
Enter how much you pay toward this bill

Step 1: Understand what you currently owe.

Your total balance, combined interest rate, what you pay each month and when you will be debt-free.
Step 2: Your consolidation options depend on your credit score. How's your credit?

If you have excellent credit, a balance transfer card with an introductory 0% APR makes sense for small debts that can be repaid quickly. These cards are mostly available to people with good to excellent credit. Expect to pay a balance transfer fee of 3% to 5% of the amount consolidated. If you're interested in a debt consolidation loan, use the sliders below to see how changing the interest rate or term affects how much interest you will pay. Annual percentage rates for personal loans typically range from 6% to 36%, and lenders typically offer terms from 2 to 7 years.

Please enter a number from 4 to 17.
Please enter a number from 2 to 7.

Step 3: See your savings.

Current loan:

Consolidated loan:

Your savings:

Balance transfer savings calculator

Transferring debt to a credit card with a 0% introductory annual percentage rate, or APR, could save you hundreds of dollars in interest while you pay down your debt.

Your existing credit card debt

Details of balance transfer card

Interest calculations are estimates. Actual finance charges will vary according to your payments and your credit card's terms.