Consolidating your debt into one monthly payment can lower your monthly bills and help you regain control of your finances.
New Consolidated Balance | |
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Mortgage amount | |
Monthly payment | |
Interest rate | |
Term | |
Total interest
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First year tax savings
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Curent loans and credit cards | ||||||
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Amount Owned | Monthly payment | Interest rate | ||||
Mortgage loans | ||||||
Installment loan and other loans | ||||||
Credit cards | ||||||
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Curent loans and credit cards | |
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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
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Total Monthly Payment
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Total interest rate
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New Consolidated Mortgage Loan |
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Year | Interest | Principal | Payment | Balance |
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Month | Interest rate | Principal | Payment | Balance |
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Your home mortgage payment is typically your largest monthly obligation.
Your credit card debt can require a single payment or multiple ones each month.
Installment loan debt can be for anything you bought and agreed to pay for over time.
Your consolidated balance is all of your debt added together for a single total.
Each individual debt has a separate outstanding balance before consolidation.
Your interest rate is the percentage you pay on your outstanding debt.
Monthly payments for consolidated debt are lower than your usual monthly total.
Residential real estate can be a house, a condo, or a multi-unit property.
An auto loan could be your second largest bill to pay every month.
Personal loans typically have a high interest rate, especially if they are unsecured.
The total balance of all of your debt can be refinanced to consolidate it.
Your loan term is from the day you got the loan to the anticipated payoff date.
Your tax rate determines your tax savings when you consolidate debt.
The time to payoff is from the current date to the anticipated payoff date.
Use our free mortgage calculator tools to estimate your monthly mortgage payments based on your unique loan scenario. See how your monthly payment changes by making updates to your home price, down payment, interest rate, and loan term.
Wondering what your monthly mortgage payment might be? Plug in your data to get an instant mortgage payment estimate.
Military service can mean eligibility for a no-down payment mortgage. Find out if you qualify for a VA home loan.
Designed for first-time and low-income homebuyers, an FHA loan could put you on the path to home ownership fast.
Seeking to refinance? Find out how much you can save in interest over the term of your home loan by refinancing now.
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