Debt Consolidation Calculator

Compare existing debts with a fee-adjusted consolidation loan.

Compare the current avalanche repayment plan against a consolidated loan.

Result

Payment per period$175.08

Total interest$2,264.54

Total payments$10,504.54

Number of payments60

Origination fee$240.00

Current plan total interest$3,736.25

Interest and fee savings$1,231.71

Principal
Interest

Calculation details

Scroll horizontally or vertically to see more. Download CSV for the complete schedule.

Period	Payment	Interest	Principal	Balance
1	175.08	68.67	106.41	8,133.59
2	175.08	67.78	107.30	8,026.30
3	175.08	66.89	108.19	7,918.11
4	175.08	65.98	109.09	7,809.01
5	175.08	65.08	110.00	7,699.01
6	175.08	64.16	110.92	7,588.10
7	175.08	63.23	111.84	7,476.25
8	175.08	62.30	112.77	7,363.48
9	175.08	61.36	113.71	7,249.77
10	175.08	60.41	114.66	7,135.11
11	175.08	59.46	115.62	7,019.49
12	175.08	58.50	116.58	6,902.91
13	175.08	57.52	117.55	6,785.36
14	175.08	56.54	118.53	6,666.83
15	175.08	55.56	119.52	6,547.31
16	175.08	54.56	120.51	6,426.79
17	175.08	53.56	121.52	6,305.28
18	175.08	52.54	122.53	6,182.74
19	175.08	51.52	123.55	6,059.19
20	175.08	50.49	124.58	5,934.61
21	175.08	49.46	125.62	5,808.99
22	175.08	48.41	126.67	5,682.32
23	175.08	47.35	127.72	5,554.60
24	175.08	46.29	128.79	5,425.81
25	175.08	45.22	129.86	5,295.95
26	175.08	44.13	130.94	5,165.01
27	175.08	43.04	132.03	5,032.97
28	175.08	41.94	133.13	4,899.84
29	175.08	40.83	134.24	4,765.60
30	175.08	39.71	135.36	4,630.23
31	175.08	38.59	136.49	4,493.74
32	175.08	37.45	137.63	4,356.12
33	175.08	36.30	138.77	4,217.34
34	175.08	35.14	139.93	4,077.41
35	175.08	33.98	141.10	3,936.31
36	175.08	32.80	142.27	3,794.04

How to use this calculator

Compare the current avalanche repayment plan against a consolidated loan. Enter amounts in the units shown, select the applicable options, and click Calculate. Use Reset to restore the starting values.

Calculation formula

Consolidate balances and compare total interest plus origination fees on future cash flows.

Assumptions and accuracy

Review timing, rates, fees and result notes when comparing scenarios. Future returns and rates are assumptions rather than guaranteed outcomes. Monetary display follows the currency’s precision; intermediate calculations retain additional digits.

Choose what to calculate

Debt consolidation calculator with loan fees

Compare existing debts with a proposed consolidation loan, including entered fees. A smaller monthly payment can still mean more total interest.

Related searches: Debt consolidation calculator

Open this calculation

Understanding this calculation

Compare current debt repayment with a new amortizing consolidation loan. Origination fees and whether they are financed affect the cost comparison.

Worked examples

A fee-free consolidation with zero interest

Illustrative inputs are specified in the steps below; the example link loads the complete settings. Unmentioned settings use the linked defaults.

Combined principal is 600 + 600 = 1,200. With zero origination fees and interest, twelve payments of 100 repay the consolidation loan.

Payment per period: 100 USD.

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Common questions

Does a lower consolidation rate always save money?

No. Fees or a longer repayment term can offset the lower rate. Review modeled interest and fee savings.

Are financed consolidation fees free?

No. They increase the amount borrowed and can accrue interest alongside the consolidated balances.

Scope and assumptions

The tool assumes the original debts are replaced and no new balances are added. Qualification, secured-collateral risk and prepayment penalties require separate review.

Sources

Calculation notes checked October 20, 2026. Examples are mathematical checks under the stated assumptions.

Calculation methods and formulas

Debt Consolidation