Debt payoff calculator
Enter your current debt, interest rate, and monthly payment to see how long you’ll be paying. Then adjust the loan rate and term on the right to compare a consolidation loan — plug in a real offer to see exactly what it would do.
Your situation today
A consolidation loan
Enter the rate and term you’re considering. Personal loans typically run about 7%–36% APR depending on credit.
Staying as you are
- Time to pay off
- 7 yrs 7 mos
- Total interest
- $29,290
- Monthly payment
- $600
With a consolidation loan
- Time to pay off
- 4 yrs
- Total interest
- $8,391
- Monthly payment
- $695.64
See the difference
Your estimated benefit
Save about $20,899 in interest and 3 yrs 7 mos
Based on the rate and term above. Your real numbers depend on the offer you qualify for.
Keep learning
Understand the math behind the numbers, or model other scenarios — everything here is free and runs in your browser.
This calculator runs entirely in your browser — nothing you enter is sent, stored, or shared. Results are estimates for education only, not an offer, quote, or guarantee of any rate, term, or savings. Actual figures depend on your credit and the lender.