💳 How much would you save by consolidating credit card debt?

You are carrying high-interest credit card debt—a trap millions face. A personal loan can work if the rate beats your cards' 16–29%, but it is a tool, not a fix. The real question: can you stick to paying it down without running up the cards again? This calculator shows exactly how much you could save by consolidating.

Enter the total balance and average interest rate of the credit cards you want to pay off. For example, if you have several cards with rates between 16% and 29%, your average might be around 22%.

A personal loan pays off your cards immediately, leaving you with one fixed monthly payment. Enter the terms of the loan you qualify for. Watch out for origination fees—they get added to your loan balance and eat into your savings.

Consolidating only works if you actually pay down the debt. Enter how much you plan to pay each month. If this is less than the loan's minimum payment, we will use the loan's minimum instead.

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