137 Calculators:

  • Mortgage Calculators

  • Home Equity Calculators

  • Auto Loan Calculators

  • CD/Investment Calculators

  • Debt/Credit Calculators

  • Student Calculators

  • Personal Finance Calculators

  • Tax Calculators

  • Retirement Calculators

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Should you consolidate your debt?

The purpose of the Personal Debt Consolidation financial planning tool is to help people determine if debt consolidation is the right option for them. To use this tool you will need to enter information about your current debt situation, as well as information about a consolidation loan that you are considering. This financial tool will then create a bar chart that will help you compare your current situation to that created by the consolidation loan scenario. You can change the terms in the consolidation loan fields to see what terms you need to make consolidating your debt worthwhile.

This Financial Calculator requires SUN's Java Plug-in. If you see this message you will need to download SUN's Java Plug-in. This can be done automatically by clicking the yellow bar at the top of your browser and choosing Install ActiveX Control.

    You can also get SUN's Java Plug-in here: Get the Java Plug-in!

    For more information about this Plug-in please visit: SUN's Java Plug-in
    For more information these financial calculators please visit: Financial Calculators from KJE Computer Solutions, LLC

Should you consolidate your debt? Overview

Accumulating debt is easy to do in modern society. There are thousands of credit cards, personal loan programs and zero down payment mortgage programs offered to consumers each day. If you have accumulated a lot of unsecured debt then you may be looking for a way out. One way out is to consolidate your debt with a second mortgage or by refinancing your home. However, before you consider consolidating your debt you should determine if this is your best option. One way to do this is to use our Personal Debt Consolidation financial planning tool.