30-yr fixed 6.43% ▾ 0.06 wk

15-yr fixed 5.79% ▾ 0.04 wk

HELOC avg 7.90% — no change

Auto 60-mo new 6.82% ▴ +0.03 mo

Personal 24-mo 11.57% ▾ 0.12 qtr

Credit card APR 21.52% ▴ +0.09 qtr

as of Jul 2, 2026 · Federal Reserve / Freddie Mac via FRED (St. Louis Fed)

Credit Cards & Debt

Personal Debt Consolidation Calculator

Compare your current debts with a single personal consolidation loan — the payment, the payoff time and the interest you would save.

Inputs

Total debt to consolidate

Current average rate

Current total monthly payment

Consolidation loan rate

Consolidation term (years)

Estimates only. Change any value to recalculate instantly.

Interest you could save $7,252 new payment $658.35/mo

New monthly payment $658.35

New total interest $6,601

Current total interest $13,853

New payoff time 4.0 yrs

Total interest compared

Consolidated $6.6k
Current debts $14k

A personal consolidation loan saves about $7,252 in interest and simplifies several payments into one. Watch the term — stretching it too far can erase the benefit.

Consolidated loan amortizationView table

Year	Principal	Interest	Balance
1	$5,179	$2,721	$19,821
2	$5,836	$2,064	$13,985
3	$6,576	$1,324	$7,410
4	$7,410	$490	$0

How this calculator works

This calculator runs entirely in your browser — nothing you enter is sent anywhere, and there is no sign-up. Change any input and the result, breakdown, and schedule update instantly.

Rate and cost fields are pre-filled with current benchmarks (Federal Reserve / Freddie Mac via FRED (St. Louis Fed)), so your first result is already realistic — replace them with your own quote to see your numbers. To weigh one option against another, use the loan comparison calculator.

Common questions

Is this calculator free, and do I need to sign up?

Yes and no — it is completely free and asks for no account or personal details. Every calculation happens in your browser, so nothing you type is stored or sent to us.

How accurate are the results?

The math is exact for the inputs you give it, but the defaults are national benchmarks — your real rate, fees, taxes, and insurance will differ. Treat the result as a close estimate to refine with a real quote.