Debt Consolidation Analyser — The Finance Reset Program

Your current debts

Enter each debt you're considering consolidating. Leave the minimum payment blank and an estimate of 2% of the balance will be used.

Debt name	Balance	Rate (% p.a.)	Min. payment / mo

Consolidation loan details

Enter the loan offer you've found or are exploring. Search "[your country] personal loan consolidation" to find current rates to compare.

Consolidation loan rate

% p.a.

Annual interest rate on the proposed loan.

Loan term

months

Common terms: 24, 36, 48, or 60 months.

Establishment / transfer fee — optional

Any upfront fee to set up or transfer the loan. Included in the net saving calculation.

Your current weighted average interest rate

across all debt

Total debt

Combined balance across all entered debts.

Monthly minimums

Combined minimum payments today.

Consolidation rate

Current trajectory

Minimum payments on each debt separately

Total monthly payments

Total interest paid

Total cost (debt + interest)

Payoff timeline

Consolidation loan

With a new consolidation loan

New monthly payment

Total interest paid

Fee

Total cost (debt + interest + fee)

Payoff timeline

From the lesson

"Consolidation can simplify and reduce your cost — but only if the new rate is genuinely lower and the term doesn't drag out repayment into years you haven't accounted for."

Write down your weighted average rate, the consolidation rate you found, and the net saving or cost. If the numbers work, the next step is to formally apply and check your eligibility. If they don't, note what rate you'd need to break even — that's your benchmark for future offers.