FinSmarter calculator

Debt Consolidation Calculator

Enter the combined balance and terms you already have, then compare them with a proposed consolidation loan. Use actual statements and offer terms; this tool does not recommend or approve a loan.

Your debt and proposed loan

Total debt balance (₹) Average annual interest rate on current debt (%) Total monthly payment you currently make (₹) Proposed consolidation loan annual rate (%) New loan tenure (months) One-time processing / transfer fees (₹)

Estimated comparison

Enter your figures to see monthly payment, estimated total paid and the difference.

Ask FinSmarter for help

Before consolidating

Compare the full repayment amount, fees, tenure and any security or prepayment conditions. A smaller monthly payment can cost more overall when the repayment period is longer. The current-debt estimate assumes one average rate and a fixed payment; real cards and loans may calculate charges differently.

Planning estimate only. It does not include changing rates, late fees, taxes, insurance, or lender-specific terms. Confirm all figures with your statements and written offer.