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Analyze Debt Consolidation Calculator
Rolling your debt into a new loan could help you get ahead financially.
Estimate your savings when you consolidate your debt
Consider all the monthly payments you're managing for things like a credit card, auto loan, medical debt or personal loan. Each one has a different interest rate, which might be a lot higher than what you'll find at Mainstreet Credit Union. Use this calculator to see if consolidating your debt into a new loan could save you significant money.
A debt consolidation loan replaces multiple debts with a single, manageable loan. The main benefit is a single lower monthly payment to simplify budgeting, fixed payment dates, and a potential boost to your credit score.
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Try the 50/30/20 split. Spend 50% on needs, 30% on wants, and 20% on savings.