CALCULATOR

Mortgage Debt Consolidation

How Much Can You Save? Try Our Debt Consolidation Calculator

Consolidating your debt into one monthly payment can lower your monthly bills and help you regain control of your finances.

Mortgage loan debt
Payments remaining 76
Credit card debt
Payments remaining
Installment loan debt and other loans
Payments remaining
New Consolidated Balance
24%

 

 
Total payment savings:  

Through year  

Current Consolidated Savings
Total interest payments   -   =  
Interest remaining      
Total payments   -   =  
Monthly payments      
Principal remaining      
FULL REPORT

Mortgage Debt Consolidation

Your new consolidated mortgage would be for and have a monthly payment of . This is than your current monthly payment of . Assuming a combined state and Federal income tax rate of , you may also save in income taxes during the first year.
CURRENT
CONSOLIDATED
Time To PayOff
Months
Months
Monthly Payment
$
$
Total Interest
$
$
New Consolidated Balance
Mortgage amount
Monthly payment
Interest rate
Term
Total interest
First year tax savings
Your new consolidated mortgage would be for and have a monthly payment of . This is than your current monthly payment of . Assuming a combined state and Federal income tax rate of , you may also save in income taxes during the first year.
Curent loans and credit cards
Amount Owned Monthly payment Interest rate
Mortgage loans
Installment loan and other loans
Credit cards
Total Amount Owned
Total Monthly Payment
Total interest rate
Curent loans and credit cards
Mortgage loans
Amount Owned
Monthly payment
Interest rate
Credit cards
Amount Owned
Monthly payment
Interest rate
Installment loan and other loans
Amount Owned
Monthly payment
Interest rate
Total Amount Owned
Total Monthly Payment
Total interest rate
Your new consolidated mortgage would be for and have a monthly payment of . This is than your current monthly payment of . Assuming a combined state and Federal income tax rate of , you may also save in income taxes during the first year.
New Consolidated Mortgage Loan
Monthly Schedule
Annual Schedule
Year Interest Principal Payment Balance
Month Interest rate Principal Payment Balance

Mortgage Debt Consolidation Calculator Terms

Mortgage Loan Debt

Your home mortgage payment is typically your largest monthly obligation.

Credit Card Debt

Your credit card debt can require a single payment or multiple ones each month.

Installment Loan Debt

Installment loan debt can be for anything you bought and agreed to pay for over time.

Consolidated Balance

Your consolidated balance is all of your debt added together for a single total.

Balance

Each individual debt has a separate outstanding balance before consolidation.

Interest Rate

Your interest rate is the percentage you pay on your outstanding debt.

Monthly Payment

Monthly payments for consolidated debt are lower than your usual monthly total.

Real Estate

Residential real estate can be a house, a condo, or a multi-unit property.

Auto

An auto loan could be your second largest bill to pay every month.

Personal

Personal loans typically have a high interest rate, especially if they are unsecured.

Total Balance

The total balance of all of your debt can be refinanced to consolidate it.

Loan Term

Your loan term is from the day you got the loan to the anticipated payoff date.

Tax Rate

Your tax rate determines your tax savings when you consolidate debt.

Time to Payoff

The time to payoff is from the current date to the anticipated payoff date.

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