This calculator will help you find out how much you could save by paying off your credit card debt with a personal loan. It does so by looking at your monthly payment and the rate on your existing balance and comparing it to the term and rate on the loan. The results assume no additional charges, fees or penalties.
Inputs
Existing card information:
Results
Total interest plus principal of credit card debt:
$6,082
Total interest, fees, plus principal of payoff loan:
$5,680
Total estimated savings:
$402
You can reduce your monthly payment by:
$8
Estimated monthly payment of payoff loan:
$158
Time until payoff:
Estimated payoff date of payoff loan:
July, 2023
Compare personal loan offers:
