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Are you wondering if you should consolidate your debt into one loan? You might end up paying less interest and get out of debt faster with consolidation. Use this calculator to determine if consolidating your debt into one loan would be beneficial to you.
Enter the interest rate and term for the loan you plan to use to consolidate your debts.
Enter balance, monthly payment and rate information for all of your debts.
How does the repayment schedule change if you just take the monthly amount you are currently paying and put it towards a consolidated loan?