Compare Consolidation Loans with DebtDasher

This powerful financial calculator shows you an answer grid of loan amounts, interest rates, terms in periods, or payment amounts based upon the loan variables you enter. The range of values and type of answers supplied on the answer grid are quickly configured by clicking on radio buttons which allow you to set your own range of values and choose the type of answers you wish to see displayed on the answer grid.

After comparing 135 loans, generate an amortization schedule for any loan you wish by clicking the "Amortize" button or right-clicking on the desired cell in the financial answer grid and choosing "Amortization Schedule for This Loan". You'll see the particular loan's amortization schedule which can be viewed in a monthly or annual format and printed for your convenience.

Begin comparing consolidation loans by entering the total amount you wish to consolidate in the Loan edit box and press the Tab key. Most consolidation loans will be repaid on a monthly basis so leave the Frequency as monthly. Enter the interest rate you received when you called your local credit union or bank and asked for the ball park interest rate on consolidation loans, and enter the term in months (36 for a three year loan and 60 for a 5 year loan).

By default, the answer grid will fill with the monthly payments for 135 different loans according to their amount and interest rate. You can change the values quickly by clicking on the radio buttons. Play with it and you'll find this to be the most powerful calculator in DebtDasher.

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