Debt Consolidation Calculator 2026

A consolidation loan combines multiple debts (cash loans, credit cards, overdrafts) into a single loan with one lower monthly payment and often a longer repayment term, simplifying your finances.

Consolidation is worth considering when the new interest rate is lower than the average rate on your existing debts, or when the total monthly payment exceeds your budget. Always compare total cost before deciding.

The annuity formula: R = P × r × (1+r)^n / ((1+r)^n − 1), where P is the consolidation amount, r = annual_rate / 12 and n is the number of monthly instalments.

Not necessarily. A longer repayment term means more interest paid overall. A lower monthly payment may come with a higher total interest cost. Always compare total repayable amounts.

Banks typically consolidate cash loans, credit cards, car loans and revolving credit lines. Mortgage debt is usually consolidated separately as a "mortgage with consolidation" product.

It represents your current total monthly payment across all consolidated debts. The calculator compares it with the new payment to show your monthly saving. The field is optional.

Loans up to about PLN 200,000 are usually unsecured. Larger amounts may require a mortgage or guarantor. Conditions depend on the bank and your credit history.

Typically: proof of identity, proof of income (or bank statements), current balances and account numbers of the debts being consolidated. Banks may also request repayment history.

APR (RRSO in Polish) covers interest, fees and other costs. Always compare APR across offers — not just the nominal rate — to find the cheapest consolidation product.

No. Results are indicative only and do not constitute a credit offer. Actual terms depend on credit scoring, fees and the bank's current pricing.