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Debt Consolidation Calculator

See how much you could save by consolidating your debt. Use our free debt consolidation calculator to estimate your monthly payments and compare loan options in minutes. 

How to Use This Calculator

Just plug in your loan amounts, credit card balances, and other outstanding debt, and our credit card debt consolidation calculator will estimate your new monthly payment with a consolidated loan. Try adjusting your terms, loan types, or rate until you find a consolidation plan that fits your needs

Debt consolidation means combining multiple debts, like credit cards, personal loans, or medical bills, into one single loan. You’ll have one payment to manage and, often a lower interest rate.

Many people use a credit card debt consolidation loan calculator like ours to figure out whether a new loan could reduce their total interest and help them pay off debt faster.

If you’re juggling multiple credit cards, loans, or high-interest bills, consolidating your debt could make your life much easier and possibly more affordable. By consolidating your monthly payments into a single loan with a lower interest rate, you can save a lot of money over the course of paying off your debt.

Use our debt consolidation calculator to decide if consolidation makes sense for you. 

Consider using a credit consolidation calculator when: 

  • You’re overwhelmed by multiple monthly payments
  • You’re stuck with high-interest credit card debt
  • You have good enough credit to qualify for a lower-rate loan
  • You want a clear end date for paying off your debt
  • You can commit to not taking on new debt while you pay this one off

Need help deciding if debt consolidation is for you?

At Valley Credit Union, we’re here to help you weigh your choices, not just plug in the numbers. If you’d like to talk to a local expert about debt consolidation, reach out or stop by our Oregon branch. We're here to help you make a plan that fits your financial future.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.