Consolidating Debt with Home Equity Calculator

Taking out a new loan can save you money in the long run.

You can reduce your interest rate and relieve some financial pressure.

Sometimes, retooling your debt can be a very good bet. Credit cards and car loans. Financing for new furniture and appliances. Sometimes we run up a lot of debt, much of it with high interest rates. In contrast, home equity loans have some of the best rates around, and getting one to pay off everything else can be a good idea. Use this calculator to see if this strategy might shorten your overall repayment period or reduce your interest charges in the long run.


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Andrews Federal members received over $12 Million in direct member benefits through lower fees, lower loan rates and higher deposit yields.