Debt Consolidation Calculator

  • Loan Requested
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We specializes in educating our clients in steps: starting with buying your first home, debt consolidation & refinancing, paying your mortgage down faster.

Current Mortgage

Second Mortgage
Home Worth $300,000 Home Worth $300,000
Current Interest Rate 3.0% Current Interest Rate 3.0%
Current 1st Mortgage Payment $1,050 Current 1st Mortgage Payment $1,050
$250,000 Mortgage Balance $250,000 Mortgage Balance
$50,000 Mortgage Requested 2nd Mortgage Payment $250
$25,000 Tax Arrears $500/month $25,000 Tax Arrears Paid
$25,000 Credit Cards $750/month $25,000 Credit Cards Paid

Total $2,750/month

Total $1,300/month

You Save $1,450/month!!!