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How much will debt consolidation cost you?

When you consolidate your debts, you combine them into one single loan. This can be a great solution as long as you’re able to pay it. Do the calculations below to find out.
  • 1. How much would you need to borrow?
    $
  • 2. What would be your payment frequency?
  • 3. At what rate of interest (%)?
    %
  • 4. What would be the loan duration (in years)?
    year(s)

Result

If you have a loan principal of
repayable over
at interest
you would need to pay
The total interest payable on this loan would be
The total amount to be repaid would be

 

 

To learn more, we invite you to read our articles that we have prepared to help you:
What is debt consolidation?
4 reasons why banks are rejecting your debt consolidation application

If you have any questions about your financial situation, do not hesitate to consult one of our advisors without obligation. Book an appointment, the first consultation is free.