The Debt Consolidation Calculator is a quick, practical way for homeowners to see whether rolling high-interest debt (credit cards, car loans, lines of credit, and other payments) into home equity could lower their monthly interest cost.

You enter each debt balance and interest rate, then choose a strategy—refinance, switch lenders, blend & increase, add a HELOC, add a second mortgage, or private options—and the calculator compares your current cost of debt against the estimated cost after consolidation, including common fees where applicable.

It also flags when mortgage penalties may apply and directs you to your Mortgage Penalty Calculators so the savings estimate is grounded in the real-world cost of breaking a mortgage.

In the end, the results make it simple: you’ll see whether you have Estimated Savings (in green) or an Estimated Extra Cost (in red), so you can move forward with clarity instead of guesswork.