Debt Consolidation Calculator
Result
Debt Consolidation Calculator — free online calculator.
Formula
- Debt Consolidation Calculator calculates its result from Debt 1 Balance (PKR), Debt 1 Annual Rate, Debt 2 Balance (PKR), Debt 2 Annual Rate, Consolidation Loan Rate, Consolidation Term. It uses the formula Weighted Rate = (D1×R1 + D2×R2) / (D1+D2). Change any input to recalculate the result instantly.
- The main inputs are Debt 1 Balance, Debt 1 Annual Rate, Debt 2 Balance, Debt 2 Annual Rate, Consolidation Loan Rate, Consolidation Term. Enter them in the units and format shown in the calculator.
- Use monetary amounts, rates and time periods exactly as labeled; the result reflects the assumptions entered on this page.
- Changing any input above recalculates the result with the same calculation engine used by this page.
Example: Debt Consolidation
- Debt 1 Balance: 200000 PKR
- Debt 1 Annual Rate: 36
- Debt 2 Balance: 150000 PKR
- Debt 2 Annual Rate: 24
- Consolidation Loan Rate: 18
- Consolidation Term: 60
Two balances 200,000 and 150,000 PKR, 36%/24% APR, consolidate at 18% for 60 months. Weighted rate ~30.857%, consolidated EMI ~8,888 PKR, and monthly saving ~2,621 PKR, excluding fees.
Sample result: Calculating…
Frequently asked questions
What does the Debt Consolidation calculate?
Debt Consolidation Calculator — free online calculator.
Which values should I enter?
Enter Debt 1 Balance, Debt 1 Annual Rate, Debt 2 Balance, Debt 2 Annual Rate, Consolidation Loan Rate, Consolidation Term using the units and format shown beside each field.
What formula does this calculator use?
The calculator uses the following relationship: Weighted Rate = (D1×R1 + D2×R2) / (D1+D2).
Why might my result differ from another source?
Results can differ when another source uses different units, rounding rules, conventions or assumptions. Compare the inputs and definitions before comparing results.
Does the result update automatically?
Yes. Changing an input updates the result using the same calculation engine shown on this page.