Look to the numbers...

This calculator will show you how consolidating your high interest debt into one lower interest loan can reduce your monthly payments and provide you with income tax savings at the same time.

Enter each one of the debts that you would like to pay off, along with their corresponding principal balances, interest rates, and monthly payment amounts. Once you have all your debts entered, make any desired changes to the "New Loan Information" default entries and then click on the "Calculate New" button.

Payment
Description		 Principal
Balance		 Interest
Rate		 Payment
Amount		 Payments
Left		 Interest
Left
 
Totals >>>
New Loan Information
Need Additional
Cash? If So
Enter Amount Here		 Interest
Rate		 Number
of Years		 Estimated
Closing Costs		 Fed & St.
Tax Rate
Results Current New Loan
Total Principal Balance:
Effective Rate Before Taxes:
Effective Rate After Taxes:
Total of Monthly Payments:
Monthly Tax Savings:
Monthly Payment Reduction:
Total Monthly Savings:

Please note: All of our calculators are used for estimation purposes only and should not be considered final or guaranteed. Let us know if you want to go over your individual situation.

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We all want to live our own way.  It's important that we do it the right way.  Arapahoe CU looks to help.

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