Tools/Debt Consolidation Calculator
Debt Consolidation Calculator
See how much consolidating scattered EMIs into one lower-rate loan saves you - every month and over the full tenure.
Consolidation Inputs
Consolidating scattered EMIs into one lower-rate loan cuts the monthly outflow and simplifies cash flow planning.
Monthly saving
₹0.2 Lakh
New consolidated EMI
₹3.4 Lakh
Total saving over 36 mo
₹8.9 Lakh
125+ lenders. Termsheet in 48h. Zero equity dilution.
How debt consolidation saves money
Debt consolidation replaces multiple loans - each with its own rate, EMI date, and lender - with a single loan at a lower blended rate. If you are servicing three loans at 16-24% and consolidate at 13%, the saving lands in your bank account every single month.
The savings come from two places: a lower rate (lenders price one larger, cleaner loan better than several small ones) and simpler cash flow (one EMI date, one lender relationship, no juggling).
Explore Working Capital LoansWhat is a debt consolidation calculator?
This calculator compares your current EMI outflow against a single consolidated loan at a new rate over the same tenure. The difference is your monthly saving; multiplied across the tenure, it shows the total interest you avoid paying.
How to use this calculator
- 1
Enter your total outstanding debt across all loans you want to consolidate.
- 2
Set your current average interest rate - if your loans range 14-22%, estimate the weighted middle.
- 3
Set the consolidated rate you expect - well-banked businesses typically refinance at 11-15% p.a.
- 4
Pick the tenure and read your new EMI, monthly saving, and total saving.
When consolidation makes sense
Rate gap of 3%+
If the new rate beats your blended current rate by 3 percentage points or more, savings usually outweigh processing costs comfortably.
Multiple small expensive loans
Several NBFC or fintech loans at 18-24% are the classic consolidation candidates - one bank loan at 12-14% transforms the cost.
Cash flow strain
Even at a similar rate, stretching the tenure through consolidation lowers the monthly outflow when cash is tight.
Watch prepayment charges
Check foreclosure charges on existing loans (typically 2-4% for fixed-rate business loans) and net them against the savings.