Debt Consolidation Calculator

Use this calculator when you are considering using the equity in your home to pay off several smaller debts and make one monthly payment. The interest on this loan may even be tax deductible, but you'll need to discuss those details with your tax advisor.

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	Current Balance	Monthly Payment
	(Do not include commas)
Car Loan Credit Card Lien Student Loan Other	$	$
Car Loan Credit Card Lien Student Loan Other	$	$
Student Loan Credit Card Car Loan Lien Other	$	$
Student Loan Credit Card Car Loan Lien Other	$	$
Credit Card Car Loan Lien Student Loan Other	$	$
Credit Card Car Loan Lien Student Loan Other	$	$
Other Credit Card Car Loan Lien Student Loan	$	$
Totals	$	$
Loan Term (months)
New Monthly Payment		$
*Monthly Savings		$
Extra Monthly Payment		$
Savings over the course of the loan		$
New Loan Term (months)		Months
*Based on a 30-year fixed rate loan at 13.00% APR (All amounts are approximate only.)

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Note: These calculations are estimates only and are in no way guaranteed by Bell Mortgage. For exact figures, please consult me directly.