Debt Consolidation Calculator View Calculator Restructuring debt with a debt consolidation loan may be a good option for how to pay down debt. Enter the information about your current debts and the consolidation loan you're considering and this calculator will show you the monthly payment and other important numbers of the consolidation loan and compare those numbers with no consolidation. You can also enter any additional amount you are considering borrowing and any additional principal you will pay each month to pay the loan off faster. The numbers should help you decide how to pay down debt - with a debt consolidation loan for restructing debt or use a debt elimination strategy. Learn more about putting this calculator or other calculators on your website.