The result shows whether monthly cash flow and estimated total cost move in the same direction.
Finance calculator
Debt Consolidation Calculator
See whether a lower monthly payment also lowers total cost, or simply extends the time spent in debt.
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No account. Formula and assumptions are shown below.
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Debt consolidation details
Formula & disclaimer
Compare Current Debt Amortization with a New Amortizing Loan for Balance + Entered Fees
View assumptionsFormula reviewCalcs at Hand Editorial TeamVerified 1 September 2026 Β· automated checks included
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Resultβ
Projection
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Formula & details
Calculation
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How to read this result
Three useful checks, kept deliberately short.
RM30,000 at a weighted 16% with RM900 monthly payment versus four years at 8%: Project the current payoff Β· Calculate the proposed consolidation payment Β· Compare payoff time and total cost.
A lower monthly payment can still cost more if the new term is longer or fees are high.
Formula and assumptions
Compare Current Debt Amortization with a New Amortizing Loan for Balance + Entered FeesThe current rate is a balance-weighted planning rate; individual debts may have different minimum payments and fees.
Keep in mind: This is a simplified repayment comparison. Verify lender fees, effective rates, settlement amounts and eligibility before refinancing debt.
Produced byCalcs at Hand Editorial Team
Last formula check1 September 2026
Review methodKnown examples + boundary cases
Editorial and correction policy β