This Debt Consolidation Calculator will help quantify the financial change from one loan to another in terms of the variance per payment, per year, and over the lifetime of the loan at the proposed rate as well as the values if the original payment amount was continued. An example of this would be the consolidation of debts such as personal loans or credit card payments into a single loan with lower interest repayments. The calculator shows what the respective new payment for the consolidated loan would be at the new rate, and it shows you how much faster the loan can be paid back if the original repayment amount is continued. This way the payback of the new consolidated loan would be accelerated resulting in interest payment savings.
Current Loan
Current loan amount
Current loan term years
Current loan rate
Proposed Loan
Proposed loan amount
Proposed loan term years
Proposed loan rate
Monthly Payment Summary
Current monthly payment
Proposed monthly payment
Variance per payment
Lifetime Payment Summary
Current loan full repayment
Proposed loan full repayment
Variance over full repayment
Years @ (current payment), per month
Years @ (proposed payment), per month
Loan payback full term variance years
Proposed loan full repayment
Variance over full repayment
If you've found a bug, or would like to contact us please click here.
Calculate.co.nz is partnered with Interest.co.nz for New Zealand's highest quality calculators and financial analysis.
© 2019–2025 Calculate.co.nz. All rights reserved.
All content on this website, including calculators, tools, source code, and design, is protected under the Copyright Act 1994 (New Zealand). No part of this site may be reproduced, copied, distributed, stored, or used in any form without prior written permission from the owner.
All calculators and tools are provided for educational and indicative purposes only and do not constitute financial advice.
Calculate.co.nz is part of the
realtor.co.nz,
GST Calculator,
GST.co.nz, and
PAYE Calculator group.
Calculate.co.nz is also partnered with
Health Based Building and
Premium Homes to promote informed choices that lead to better long-term outcomes for Kiwi households.