HealthNet Federal Credit Union

Should I Consolidate My Debts?
Calculator

Are you wondering if you should consolidate your debt into one loan? You might end up paying less interest and get out of debt faster with consolidation. Use this calculator to determine if consolidating your debt into one loan would be beneficial to you.

Consolidated Loan Information

Enter the interest rate and term for the loan you plan to use to consolidate your debts.

Help
Help

Debt Information

Enter balance, monthly payment and rate information for all of your debts.

Balance
Payment
Rate
Credit Card 1:
 
Credit Card 2:
 
Credit Card 3:
 
Credit Card 4:
 
Auto Loan 1:
 
Auto Loan 2:
 
Boat/RV Loan:
 
Other Loan 1:
 
Other Loan 2:
 
Other Loan 3:
 

Results

Pay Off Loan

Current Debt Summary

Balance (All debt):
$0
Help
Payment:
$0
Help
Total Interest:
$0
Help
Longest Loan Term (Months):
$0
Help

Consolidated Loan Summary

Loan Balance:
$0
Help
Payment:
$0
Help
Total Interest:
$0
Help
Loan Term (Months):
$0
Help

Alternate Loan Summary

How does the repayment schedule change if you just take the monthly amount you are currently paying and put it towards a consolidated loan?

Balance:
$0
Help
Payment:
$0
Help
Total Interest:
$0
Help
Loan Term (Months):
$0
Help

Information

HealthNet Federal Credit Union

Serving employees, independent contractors, or self-employed person who work in the health care industry in Shelby, Lauderdale, or Henderson Counties, Tennessee, or Desoto, Lafayette, Union or Prentiss Counties, Mississippi, or St. Francis, Mississippi, or Fulton Counties, Arkansas.

1591 Chickering Ln.
Cordova, TN 38016
(901) 226-1111
www.healthnetfcu.org

Resources

Resources

National Foundation for Credit Counseling promotes financially responsible behavior and delivers the highest quality financial education and counseling services.

The Association of Independent Consumer Credit Counseling Agencies (AICCCA) is a national membership organization, established to promote quality and consistent delivery of credit counseling services, and has links to additional information.

"Knee Deep In Debt", Federal Trade Commission

"For people on Debt Management Plans, a Must-Do List", Federal Trade Commission