The quicker you pay, the more you save
Once you decided to consolidate your debt to a lower interest rate, you need to put a plan in motion to pay it off. This calculator shows you how to pay off your debt quicker through a simple process. Whatever amount of money you save each month from consolidating your debt should be applied to your new loan balance. Increasing your monthly payments accelerates your debt payoff and can save you thousands of dollars and many years of interest payments.