Fresh Financial Solutions
Debt consolidation calculator: payment and total cost
Source: https://freshfinancialsolutions.com/debt-consolidation-calculator/ — Page updated November 5, 2026. General education; not a professional review date.
Estimate one fixed-rate loan. A smaller monthly payment can still mean paying more overall.
Start with three numbers. See how long it could take to pay off a debt.
An estimate for learning, not a quote or advice. Do not stop paying creditors based on this tool.
Private: your numbers stay in this tab. We do not send or save them. Choose Clear to remove them.
Sample numbers for learning only. Check every entry before using your result.
Your example
Example numbers, not your personal estimate.
How this is calculated and what it leaves out
Compare the examples you have tried
These totals cover different things. Filing costs leave out debt repayment, property loss, and debt that remains after bankruptcy. A Chapter 13 quote does not show the payment a court would approve. Settlement may leave debt unpaid. The lowest total does not mean you qualify or that an option is right for you.
| Example and what it covers | Monthly amount | Months | Total in this example | Debt left unpaid |
|---|
Risks and trusted sources
Debt settlement can harm credit, add fees and interest, lead to collection efforts or lawsuits, and create tax consequences. Creditors do not have to settle. Bankruptcy can affect your property and does not erase every debt. Get professional advice and read the full written terms before deciding.
- U.S. Courts: Chapter 7 basics
- U.S. Courts: Chapter 13 basics
- U.S. Bankruptcy Court: published filing fees
- CFPB: comparing debt approaches
- CFPB: debt-relief risks
Sources checked November 4, 2026. Fees, local court practices, and your circumstances may differ. Check current requirements before acting. These are not prices or services offered by Fresh Financial Solutions.
What to enter
Enter the amount borrowed, fixed annual interest rate before fees, repayment months and origination fee paid upfront. Use the contract interest rate, not an APR already including fees, or you could count fees twice. This tool does not calculate legally disclosed APR.
A simple example
A $10,000 loan at 12% over 36 months has a payment of about $332.14. A $300 fee paid upfront brings the total to about $12,257.15, including $1,957.15 interest. Displayed payments are rounded to cents.
How it works
Payment = balance × monthly rate ÷ [1 − (1 + monthly rate)−months]. The monthly rate is annual rate divided by 12. At 0%, payment is balance divided by months. Total is unrounded payment times months plus the upfront fee once.
What it leaves out
The fee is paid separately at the start. Financed or withheld fees need a different calculation. Variable rates, late charges and other products are excluded. This is not a loan offer or approval estimate.
Read the CFPB comparison of debt options.
Learning tool only. Results depend on your assumptions. They are not an offer, a quote, an eligibility decision or a promised outcome. You can submit a first-contact inquiry; enrollment requires a separate agreement. See important disclosures.
Explore all calculators, debt-relief options, questions before signing and how we prepare information.