Debt Consolidation Loan Savings Calculator
Five Lakh
Ten Lakh
Total Loan Amount: ₹15,00,000
Total Monthly EMI
29,325
Savings
29.9%
You can calculate how much to save every month with this Debt Consolidation Loan EMI Savings Calculator, combining multiple debts into one single loan with a lower EMI.
In short, you can compare how much you can save by merging all your loans into one single EMI.
What This Calculator Does
See how your EMIs change when you move from multiple payments to a single consolidated loan.
Combines your pending credit card bills and loan amounts
Calculates your new single EMI
Compares old total EMI vs new EMI
Shows your monthly savings
How to Use the Calculator
Enter Total Credit Card Bills
Use the slider to select your outstanding credit card amount.
Enter Total Loan Outstanding
Add the remaining balance of your existing loans.
Check Total Loan Amount
The calculator automatically adds both amounts and shows your total loan amount.
Click “Calculate Savings”
Instantly see:
- New Monthly EMI
- Old vs New EMI comparison
- EMI Savings (%)
Example
Sample illustration for understanding onlyIf your:
Credit Card Bills: ₹5,00,000
Loan Outstanding: ₹10,00,000
Total Loan Amount: ₹15,00,000
Old vs New EMI (Illustration)
Old EMI
₹41,855
New EMI
₹29,325
EMI Savings
29.9%
Why Use This Calculator?
Important Note
- Results are indicative; actual EMI depends on lender interest rate and tenure.
- Using this calculator does not affect your credit score.
Use the EMI Savings Calculator to understand your potential savings before choosing a debt consolidation loan.
Have questions?
We're here to help you at every step
