See the real numbers before you consolidate — it could save you thousands, or cost you more
⚠️ The Truth About Debt Consolidation
Consolidating only saves money if you lower the interest rate AND keep the same repayment. Stretching debts to 30 years with lower repayments often means paying more interest overall.
📋 Your Current Debts
🏠 Existing Home Loan (Optional)
I have an existing home loan to consolidate into
💡 Your home loan details help us calculate the full picture when debts are added on top
⚙️ New Consolidated Loan Settings
Home loan variable rate (your personal debts would move to this rate)
Standard home loan term
📊 Your Current Debt Situation
Total Debt to Consolidate
$0
Current Monthly Repayments
$0
across all debts
Total Interest (Current Path)
$0
📑 Per-Debt Breakdown
Debt
Balance
Rate
Monthly
Term
Total Interest
✅ Scenario 1: Keep The Same Repayment
You consolidate at a lower rate but keep paying the same total amount each month. This is the smart way.
New Monthly Repayment
$0
Same as what you pay now
Paid Off In
0 yrs
Total Interest Paid
$0
💰 Interest Saved
$0
Interest: Current debtsvs Consolidated (same repayment)
Current
Consolidated
⚠️ Scenario 2: Minimum Repayment Over 30 Years
You consolidate but only pay the minimum required on a 30-year term. This is the trap most people fall into.
New Monthly Repayment
$0
Loan Term
30 yrs
Full loan term
Total Interest Paid
$0
💸 Extra Interest Cost
$0
Interest: Current debtsvs Consolidated (min repayment)
Current
Consolidated 30yr
Want to know your real options?
Our brokers compare 30+ lenders to find the right consolidation structure — one that actually saves you money, not costs you more.
Disclaimer: This calculator provides estimates only and does not constitute financial advice. Actual rates, fees, and terms may vary. Results are based on the information you provide and simplified calculations. Speak with a qualified mortgage broker for personalised advice. FinHub Finance | ACR 414 902 | Credit Representative 556297.