This advanced debt consolidation calculator
will tell you the total monthly savings you will make when
you consolidate all of your high interest rate credit card
debt into 1 single low debt consolidation loan. You can enter
5 types of debts including Mortgage Debt, Credit Card Debt,
Auto Loans, Student Loans or Other. You enter the current
principal balances owing, what interest rate you are paying
as well as the monthly payment amount, and how many more months
of payments are left. Then, enter the debt
consolidation loan information in the "New Loan Information"
section. Enter the interest rate you will be paying on your
loan, estimate of
closing costs and expected Federal & State tax rates
as well as the Loan Term. After, click on the "Calculate
New" button and you will see your savings and reductions
in your monthly payments as well as any tax savings.