Debt Consolidation Calculator

Current debts, one per line — format: name, balance, APR%, min payment

Consolidation loan APR (%) Consolidation loan term (months) Fees / points on the new loan (%) — rolled into the loan amount

Keep debts separate (avalanche)

Payoff time:

Total interest:

Consolidate into one new loan

Monthly payment:

Payoff time: months

Total interest + fees:

<iframe src="https://olltools.com/embed/finance-calc/debt-consolidation-calculator" width="100%" height="400" frameborder="0"></iframe>

Free debt consolidation calculator comparing a new consolidation loan against paying off your current debts with the avalanche strategy — we checked calculator.net's debt consolidation calculator directly and it only compares consolidating against your current minimum-payment plan, never against the cheaper avalanche payoff order.

This tool is for informational purposes only and is not a substitute for professional financial or medical advice. Consult a qualified professional before making decisions. See our Disclaimer.

How it works

List your current debts, one per line: name, balance, APR%, min payment
Enter the consolidation loan's rate, term, and any fees/points
See the total interest cost of the avalanche strategy on your current debts versus the consolidated loan's total interest plus fees

Frequently asked questions

Why compare against avalanche instead of my current minimum payments?

We checked calculator.net's debt consolidation calculator directly — it compares consolidating against your current plan, but never against simply reordering payments toward the highest-rate debt first (the avalanche method), which is usually cheaper than either. This tool gives you that more useful comparison.

Does this include consolidation loan fees?

Yes — enter a fee/points percentage and it's rolled into the loan amount you'd actually finance, not left out of the total cost comparison.

#DebtConsolidationCalculator#DebtConsolidationVsAvalanche#ShouldIConsolidateMyDebtCalculator#ConsolidationLoanFeesCalculator#CompareDebtConsolidationOptions

Related tools

From the blog

finance-calc

A debt consolidation calculator that never checks the free alternative

calculator.net compares your new consolidation loan against your current minimum-payment plan. It never checks whether just reordering your payments (avalanche) beats both.

2026-09-01

Update history

2026-09-01 Added: a cover image (several separate coin piles merging into one taller pile through a funnel) — used as the card thumbnail, social share image, and blog title image.
2026-09-01 Launched: debt consolidation calculator (no button) — compares a new consolidation loan (with fees rolled in) against the avalanche payoff strategy on your current debts. Entirely client-side.