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Home > Commercial Online Calculators > Free Demo Index > Debt Consolidation Calculator V1
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Debt Consolidation Calculator V1

This calculator, one of the Debt Calculators in the Personal Finance Calculators section, is designed to help answer the question, "Will consolidating my debts into one loan reduce my monthly payments and/or save me money?"

If you would like to install the Debt Consolidation Calculator V1 on your website you have one of two options:

Option #1: You can install the calculator for free (see terms and conditions listed beneath the calculator).

Option #2: You can pay a small, one-time, commercial-use fee (see benefits listed beneath the calculator).

Either option will help you to attract new visitors to your website, as well as give your repeat visitors yet another reason to return more often.

Debt Consolidation Calculator V1
When the typical debt-consolidation company advertises that they can "save you money," what they are most often referring to is simply a reduction in your total monthly debt payments -- not a savings in the cost of paying off your debt (interest charges). Sure, by consolidating your payments into a single loan, you might be paying one monthly payment that is smaller than the sum of your current monthly payments, but if they stretch your loan out for a longer period of time you could actually end up paying more interest by consolidating. This calculator will help you to determine whether or not consolidating will actually reduce the cost of retiring your debts.

  Entry Columns Calculated Columns
# Payment
Description
Principal
Balance
Interest
Rate
Payment
Amount
Interest
Cost
# of Pmts
Left
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
  Totals
Consolidation Loan Terms
Enter the Consolidating Loan's Annual Interest Rate (APR):
Enter the Consolidating Loan's term (number of years):
Enter total of any Consolidation Loan Fees:
Results Without
Consol-
idating
With
Consol-
idating
Difference
Total of Monthly Payment(s):
Months until debts are paid off:
Total Cost (Interest Charges and Loan Fees):
Summary:
Debt Consolidation Calculator V1, Copyright © 2001 - 2011, Daniel C. Peterson, All Rights Reserved.
Web Winder Website Services, Providing Online Calculators for Websites since 1997.

Free Installation Terms Benefits of a Commercial Use License
If you would like to install the Debt Consolidation Calculator V1 on your site for free, please observe the following terms and conditions:
  • Free installations do not come with and free installation help or support.


  • The copyright and link to my site that appear at the end of the calculator must remain working and visible.


  • The copyright must remain commented into the javascript code.


  • The design and layout of the calculator must remain as is.
If you agree to abide by the above terms you are free to install a copy of this calculator on your website.
If you purchase a one-time commercial-use license for the Debt Consolidation Calculator V1 (for as little as $5) you will gain the following benefits:
  • Free installation help and support.


  • Design one template that will be built into all calculators you license.


  • No need to include a link to my site.


  • Free access to future upgrades with your design already built-in.
To purchase a commercial-use license for the Debt Consolidation Calculator V1 simply create a shopping cart and then visit the Online Calculator Store where you can add calculators to your shopping cart as you browse through the store. The calculator that is on this page can be found in the Personal Finance Calculators section, under the title, "Debt Consolidation Calculator V1" (Product ID #15).

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Home > Commercial Calculators > Free Demo Index > Debt Consolidation Calculator V1
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Home    Browse Calculators    Calculator License Prices    Help & Support    About Web Winder
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Copyright © 1997 - 2011 Web Winder Website Services, All Rights Reserved

Contact: Dan Peterson
P.O. Box 11
Bemidji, MN 56619
(218) 243-2263

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