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Debt consolidation check

List the debts you have now and the loan you might roll them into. See the monthly cost, the interest and how long until you are debt-free, both ways.

Worked out only in your browser; nothing is sent or saved. We do not publish rates or fees: use the ones from your own quote.

Your debts now

One row per debt, for example a credit card or a personal loan. Leave spare rows empty.

The consolidation loan

From your quote

Added to the new loan

What these numbers mean
  • The big number is how much your monthly repayments would go down or up after consolidating.
  • Interest (and fees) compares the interest left on your debts now with the new loan, including fees added to it.
  • Debt-free in shows how long each way takes to pay off.
  • Lower repayments over a longer term can still cost more in total.

Good to know

  • Each current debt is worked out month by month at its rate and repayment, with no new spending and no fees.
  • Fees on the new loan are added to the amount borrowed, so interest is charged on them too.
  • A lower monthly repayment over a longer term can mean more interest overall.
  • This is a guide only, not a quote, an offer of finance, a borrowing limit or financial, legal or tax advice.

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