Debt Consolidation Calculator | Embrace Home Loans

Your Home & Mortgage

Estimated Home Value

$0$2M

Estimated Mortgage Balance

$0$1.5M

Current Mortgage Interest Rate

0.125%15%

Years Remaining on Mortgage

Current Monthly Mortgage Principal & Interest

Calculated from your estimated mortgage balance, current interest rate and years remaining.

Debts to Consolidate

Your New Loan

Assumed New Mortgage Interest Rate

Enter a rate from a recent quote or use your own assumption. This calculator does not present an offered or advertised rate.

0%15%

Loan Term

Assumes a fixed-rate, fully amortizing mortgage with no balloon payment.

Estimated Financed Closing Costs

Estimated at 3% of the mortgage payoff plus selected debt balances and rounded to the nearest $100. Actual costs may be different.

About this calculator

This calculator provides an educational monthly payment comparison based on the information and assumptions you enter. It is not financial advice, a quote, a Loan Estimate, an approval, or a commitment to lend. Payments shown include principal and interest only. Property taxes, homeowners insurance, mortgage insurance, and HOA dues are not included, so the actual housing payment may be higher. This calculator does not calculate APR or compare total borrowing costs or total interest over time. Actual rates, costs, limits, and eligibility vary.

Extending debt over a new mortgage term may increase the total interest paid, and debts that were previously unsecured may become secured by your home.

Want to run this with your actual numbers?

A loan officer can pull your real balances and rates, check what you'd qualify for, and tell you whether consolidating makes sense in your situation.