Debt Consolidation Calculator

Should I Consolidate My Debts Into a Personal Loan?

Keeping track of several credit card and loan payments can be time-consuming and costly. If you consolidate your higher-interest balances with an NEA Personal Loan®, you could potentially save interest with a Fixed for Life rate, reduce your monthly payments and even pay off your debts faster.

First, enter a little bit of information about your existing loans. Then, experiment with our simple calculator to see if consolidating your debts with the NEA Personal Loan® could help you meet your financial goals.

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This calculator is for educational purposes and does not guarantee the accuracy or applicability of the results of this calculator to your specific circumstances, nor is this calculator intended to provide any type of financial advice. Your actual loan terms may differ based on your creditworthiness, including but not limited to your FICO® Score.

Let’s start by adding up your current debts

Enter your loan and debt types, remaining balances, your monthly payments, APRs and loan durations.

Note: NEA Personal Loan® amounts are available in amounts from $1,000 to $30,000. The NEA Personal Loan® cannot be used to pay for postsecondary educational expenses or tuition, or to consolidate postsecondary educational loans.

(optional)
months
$
$
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(optional)
months
$
$
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Total Remaining Balance (USD)

$0.00

NEA Personal Loan consolidation loans start at $1,000 and are capped at $30,000.
Total Monthly Payments (USD)

$0.00

Average APR (USD)

0%

Now, let’s explore your options

Experiment with various APR and loan terms to see if consolidating your existing loans into one easy-to-manage personal loan might help you reduce your monthly payment or pay off your debts faster. Keep in mind that lower APRs typically are associated with higher FICO Scores. Not all APRs or loan terms in the calculator are available with the NEA Personal Loan®.1
APR
15%
Loan Terms (in months)
Estimated consolidated monthly payment If you were to qualify for a consolidated personal loan at 15% over 48 months, you might be able to save $0.00 per month. 1

$0.00

VS
Your current monthly payment

$0.00

This calculator is only for educational purposes and does not guarantee the accuracy or applicability of the results of these calculators to your specific circumstances, nor is this calculator intended to provide any type of financial advice. 

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APR represents the annual cost of a loan as a percentage, factoring in interest and additional fees. Note that when you refinance or consolidate your existing debts, your total finance charges over the life of the loan could be higher than for your current debt(s) because your APR may be higher and/or your loan term may be longer. Different types of debt may be consolidated, including credit card debt, personal loans, car loans and household bills. However, postsecondary educational expenses or tuition, or to consolidate postsecondary educational loans is not eligible for a debt consolidation loan.

1 Your fixed for life APR will be established when we discuss your specific request with you and will be in the range of 10.99% fixed for life APR to 18.99% fixed for life APR, depending on your creditworthiness. Please note that all applicants may not qualify for the lowest rate. The lowest rate may not be available for the term chosen.

FICO and “The score lenders use” are trademarks and/or registered trademarks of Fair Isaac Corporation in the United States and other countries. Please note, new account holders will generally see their FICO® Score 9 (the version of FICO® Score we use to manage their account) within 45 days of account opening.

Loans are made and Serviced by First National Bank of Omaha (FNBO®).