Debt Consolidation
* Please use as a guide only.
ONE FINANCE AUSTRALIA
Debt Consolidation Calculator
Compare your current debts with an estimated consolidated loan. See the potential difference in monthly repayments, interest and total repayment cost.
Your current debts
Enter the balance, interest rate and monthly repayment for each debt.
Proposed consolidation loan
Adjust the estimated rate, loan term and applicable fees.
This is paid in addition to the estimated minimum consolidated repayment.
ESTIMATED COMPARISON
Your results
Estimated balance comparison
Combined outstanding balance over time.
A longer loan term may reduce the regular repayment but increase the total interest and fees paid. Consolidating unsecured debts into a loan secured against property may also place that property at risk if repayments cannot be maintained.
This calculator provides estimates for general information and illustrative purposes only. Results are based on the figures entered and standard principal-and-interest calculations. They do not include every possible lender fee, early repayment charge, credit-card fee, promotional rate, changing interest rate or loan condition. The results do not constitute financial, legal or credit advice, a credit assessment, an offer of finance or a guarantee of approval or savings. Consider your circumstances and seek appropriate professional advice before making a financial decision. If you are experiencing financial hardship, free financial counselling is available through the National Debt Helpline on 1800 007 007.
