Debt consolidation calculator
Combining your debts into a single, manageable monthly payment could cut your monthly outgoings.
Use our free calculator to estimate your potential monthly repayments based on an indicative rate and see if you could lower your expenses.
Simply enter a few details about your current debts, and we'll show you:
- Your estimated new monthly repayment based on an indicative rate.
- Your possible monthly reduction.
Please note: The figures provided are for guidance only. Final terms will depend on a full review of your personal circumstances and are subject to a affordability assessment.
Why consolidate your debt?
- One monthly payment: No more juggling multiple due dates and different interest rates.
- Lower interest rate: You may qualify for a lower interest rate, which could help you save money.
- Boost your credit score: With just one repayment to keep track of, you may be less likely to miss payments, which could boost your credit score.
Be aware, consolidating your debts may extend the term and increase the total amount you repay. Loans are secured against property - Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it. We specialise in mortgages from a range of lenders outside the high street, which can be ideal if high street options aren’t the right fit for you.
Ready to take the next step?
You’ve seen how much your monthly repayments could be (based on an indicative rate), now let’s explore what you might qualify for. Speak to one of our experts today or submit your details online and we’ll get in touch to talk through your enquiry.
0800 032 4646
Submit online enquiry
What our customers say about us
"Mortgage made easier. Professional staff who were very efficient. Did what they said and beyond. I was very happy with their excellent service. I would definitely recommend The Loans Engine to others."
18 Mar 2026
"Charlotte, Matt and everyone were super efficient and kept me posted almost daily great customer service, thank you team."
09 Mar 2026
"Efficient and professional, yet friendly. Really good communication and progress updates throughout the process."
04 Mar 2026
"From start to finish i found the experience was fantastic. Both my contacts Marysia and Paul were brilliant in explaining everything to me and getting this over the line quickly, no messing about! Would highly recommend"
24 Feb 2026
Frequently Asked Questions - Debt Consolidation Calculator
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How can I calculate debt repayments using this debt consolidation calculator?
To calculate your possible new debt repayments, just enter how much you owe, what your current monthly payments are, and how long you want to take to repay. The calculator will show you an estimated monthly payment and whether your repayments could go down.
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Can I use this calculator for any type of debt?
Yes, this calculator works for different types of debt, including credit cards, personal loans, and other unsecured debts. It will give you an estimate of your new monthly payment if you combine all your debts into one.
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Can I adjust the repayment period in the calculator?
Yes! You can change the repayment period in the calculator to see how it affects your monthly payments.
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How accurate is this debt consolidation calculator?
The calculator gives estimates based on the information you enter. It uses a typical rate to calculate monthly payments, but your actual rate may be different. It’s meant to give you a general idea of what your monthly payments might be.
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Is this debt calculator free to use?
Yes! The debt consolidation calculator is completely free to use, and you can use it as many times as you need to check your repayments and options.