Debt consolidation loan vs current payments
Compare current minimum payments with a consolidation loan payment and total cost (educational).
Compare keeping current minimum payments versus a consolidation loan payment and total cost. Educational only - not lending advice.
Comparison
+$116.33/mo
lower monthly with consolidation
- Current min payment
- $450.00
- New loan payment
- $333.67
- Current path total paid
- $21,600.00
- New loan total paid
- $20,020.20
- Interest delta (current − new)
- +$1,579.80
Educational comparison only. Consolidation can lower payment but extend interest; fees and credit impact vary. Not lending advice or an approval.
Educational estimates only. Not credit repair advice, not a guarantee of score changes or loan approval. Results vary; we are not a lender or law firm.