How much will debt consolidation cost you?
When you consolidate your debts, you combine them into one single loan. This can be a great solution as long as you’re able to pay it. Do the calculations below to find out.
Result
If you have a loan principal of | |
repayable over | |
at interest | |
you would need to pay | |
The total interest payable on this loan would be | |
The total amount to be repaid would be |
To learn more, we invite you to read our articles that we have prepared to help you:
What is debt consolidation?
4 reasons why banks are rejecting your debt consolidation application
However, if you have any questions about your financial situation, don’t hesitate to consult one of our counsellors. Book an appointment, the first consultation is free.