Should I Consolidate My Debt

Discover your potential monthly savings by combining your monthly bills into a single source. Eliminate high interest rate credit card and installment loans with a potentially tax deductible consolidation loan (consult your tax advisor). Use our calculator to figure how long before your monthly savings equal the cost of obtaining a new consolidation loan (Break Even Point).

This calculator will also show you how long it takes to pay off a consolidation loan if you make a payment equal to your total monthly payments before consolidating. These calculations are only estimates and can only be used to evaluate the possible results of consolidating certain debts into an equity loan.

Loan Information
	Zip Code
	Interest Rate
	Loan Term (Years)
	Loan Costs
	Loan Points
	Tax Rate (%)

Existing Accounts
Balance	Payment	Rate
			Auto Loan
			Auto Loan
			Student Loan
			Installment Loan
			Revolving Account
			Revolving Account
			Revolving Account
			Revolving Account
			Other Debt
			Other Debt

The results displayed above are only estimates and cannot be used to determine actual loan costs or be used as a guarantee. Please consult your tax advisor for information on the deductibility of interest for tax purposes. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and the total amount paid when comparing to your current situation.

Should I consolidate my debt?