Weigh your current debts against one personal loan, by monthly repayment and total cost.
Debts to combine
New monthly repayment
$969
Monthly repayments
$31 lower
Total cost
$1,672 less
- Monthly
- $1,000
- Cleared in
- 3 yrs 6 mths
- Total to pay
- $36,567
Keep current debts
- Monthly
- $969
- Cleared in
- 3 yrs
- Total to pay
- $34,896
Consolidate
On these figures one loan costs less in total as well, mainly from the lower rate.
Calculator results are indicative estimates only and do not constitute a finance quote, offer, approval or financial advice. Actual repayments, rates, fees and loan terms depend on the lender, product and individual circumstances.
How the debt consolidation figures are worked out
- 01
List each debt with its balance, rate and current monthly repayment.
- 02
The calculator runs each debt to zero at its current repayment, then compares one new personal loan.
- 03
A lower monthly repayment can still cost more in total if the new term is longer. Both figures are shown.
Calculator results are indicative estimates only and do not constitute a finance quote, offer, approval or financial advice. Actual repayments, rates, fees and loan terms depend on the lender, product and individual circumstances.
- Finance comparisonCompare up to three finance scenarios side by side, fees and balloons included.
- Business finance budgetWork from your revenue and costs to a repayment budget and the finance it could support.
- Repayment budgetStart from the repayment you are comfortable with and see the asset price it supports.
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