CALCULATE A DEBT CONSOLIDATION OR HOME EQUITY LOAN. This calculator computes a consolidating high interest debt into a lower interest loan.

CALCULATE A DEBT CONSOLIDATION OR HOME EQUITY LOAN
This calculator will show you how consolidating your high interest debt into one lower interest loan can reduce your monthly payments and provide you with income tax savings at the same time. Convert your credit card loans into one low interest payment; save interest, lower payments, get a possible tax advantage
Credit cards such as: Visa, MasterCard, Discover Card, Diners Club, American Express, Sears, WalMart
Printer friendly: Get a printout of the calculation results and save the print version for budgeting or reference.

For credit cards such as: Visa, MasterCard, Discover Card, Diners Club, American Express, Sears, WalMart

THIS IS WHAT YOU CAN CALCULATE
Enter each one of the debts that you would like to pay off, along with their corresponding principal balances, interest rates, and monthly payment amounts. Once you have all your debts entered, make any desired changes to the "New Loan Information" default entries and then click on the "Calculate New" button.
Payment
Description Principal
Balance Interest
Rate Payment
Amount Payments
Left Interest
Credit Card
Automobile
Loan
Student Loan
Other
Totals >>>
New Loan Information
Need Additional
Cash? If So
Enter Amount Here Interest
Rate Number
of Years Estimated
Closing Costs Fed & St.
Tax Rate
5 Years 10 Years 15 Years 20 Years 25 Years
Results Current New Loan
Total Principal Balance:
Effective Rate Before Taxes:
Effective Rate After Taxes:
Total of Monthly Payments:
Monthly Tax Savings:
Monthly Payment Reduction:
Total Monthly Savings:

Debt Consolidation Calculator V2 (Home Equity Loan)
This calculator will show you how consolidating your high interest debt into one lower interest loan can reduce your monthly payments and provide you with income tax savings at the same time. Enter each one of the debts that you would like to pay off, along with their corresponding principal balances, interest rates, and monthly payment amounts. Once you have all your debts entered, make any desired changes to the "New Loan Information" default entries and then click on the "Calculate New" button.
Payment Description	Principal Balance	Interest Rate	Payment Amount	Payments Left	Interest Left










Totals >>>
New Loan Information
Need Additional Cash? If So Enter Amount Here		Interest Rate	Number of Years	Estimated Closing Costs	Fed & St. Tax Rate
		%			%

Results				Current	New Loan
Total Principal Balance:
Effective Rate Before Taxes:				%	%
Effective Rate After Taxes:				%	%
Total of Monthly Payments:
Monthly Tax Savings:
Monthly Payment Reduction:
Total Monthly Savings:

6 Free Calculators For Managing Credit Card Debt:
Credit Card Comparison, Two Minimum Payment Interest Calculators, Fixed Vs. Minimum Payment, Two Debt Consolidation Calculators To Convert Credit Card Debt Into Long Term Loan
Print out results, save for reference

ALSO LOTS MORE FREE CALCULATORS:
automobile, credit card, family budget, health, real estate, retirement, utilities
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