Consolidation Loan Investment Calculator

See the results of paying off debt and investing the savings.

What This Number Means

This projected outcome is only one part of the decision. Before you invest instead of paying off debt, consider:

  • The results of paying off debt and investing the savings

  • How much you could accumulate by redirecting freed-up cash flow

  • Whether the investment return outweighs the debt's interest cost

  • How this strategy compares to simply paying off debt faster

  • Whether the risk of investing fits your comfort level

How to Use This Calculator

1

Enter your current debts: List balances, rates, and payments before consolidation.

2

Add the consolidation loan terms: Enter the rate and term of the new consolidated loan.

3

Include an expected investment return: Enter the return you'd expect on savings invested instead.

4

Review the projected results: See the results of paying off debt and investing the difference.

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