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debt Consolidation calculator
debt-consolidation-calculator

Debt Consolidation Calculator

Debt Type

Outstanding Balance

Interest Rate

Monthly Payment

You New Payment
$294
per month

This is the monthly mortgage payment by refinancing your mortgage to pay off your debt.

Your Savings
$5,692
per year

By consolidating your higher interest debt to lower interest mortgage, you save $474 cash payment per month.

Your Mortgage Rate
2.99%
per year

This is the monthly mortgage payment by refinancing to pay off your debt vs. 9.08% average interest cost you currently have.

Existing Monthly Payment vs New


/ month

Existing Debt Payment


/ month

New Mortgage Payment

Mortgage Refinance Summary

Mortgage Amount  $64,000

Mortgage Rate  2.99%

Amortization  25 Years

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