Debt Consolidation Analyzer
Compare consolidation vs. snowball/avalanche strategies to find the fastest, cheapest way to become debt-free.
The fixed interest rate offered by the lender
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We'll calculate the other based on your choice
We'll calculate how long it takes
We'll calculate your monthly payment
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Enter your debts and consolidation loan details to see a comparison
Debt Consolidation
Combine all debts into one loan with a single monthly payment. Best if you can secure a lower interest rate than your current average.
Debt Snowball
Pay off smallest debts first for psychological wins. Same total monthly payment as your current minimums, but reallocate as debts are paid off.
Debt Avalanche
Pay off highest interest debts first to save the most money. Mathematically optimal but requires more discipline.