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Tool: Loan Consolidation Calculator
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Go to: http://www.bankrate.com/.../credit-card-loan-consolidation-calculator.aspx (opens a new window)
Description: Getting a consolidation loan can do more than pay off debt. It is possible to create a sizable nest egg by investing all or a portion of the monthly payment savings. After a few years, the results are surprising. Use this loan consolidation calculator to see the results of paying off debt and investing the payment savings. Click the "View Report" button for a detailed look at the results.
Technology Type: Calculator 
Authors: Bankrate
Inc.
Language: English 
Cost: Does not require payment for use

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Courses: Algebra Growth
Algebra II Growth and decay applications
Financial Education Annual percentage rate (APR), Borrowing, Credit, Credit costs, Debt, Debt management, Interest rate