Debt consolidation
Debt consolidation
Taking all of your multiple loans and bringing them together to form one single loan. This usually creates a lower monthly payment but extends the length of the loan. Sometimes referred to as a consolidation loan, and commonly used by student loan agencies.
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National Rates
| Loan Type | Today |
|---|---|
| 30 yr fixed |
|
| 15 yr fixed | 4.38 |
| 5/1 ARM | 3.72 |
Rates may contain points