Debt Consolidation Calculator / MDC Mortgage Direct Canada Corp.- Dealing directly with qualified lenders, White Rock, BC

Debt Consolidation Calculator

This calculator will show you how consolidating your all of your debts into one lower interest loan can reduce your monthly payments.

Enter each one of the debts that you would like to pay off, along with their corresponding principal balances, interest rates, and monthly payment amounts. Once you have all your debts entered, make any desired changes to the "New Loan Information" default entries and then click on the "Calculate New" button.

Credit
Type Balance Payment Interest
Rate Annual
Fees

Additional Cash?

New Loan Information

Enter data about your planned New Loan with us (change any of the proposed numbers below).

Porposed interest rate (%):

Loan term:

Estimated closing costs ($):

Federal & state tax rate (%):

Results Current New Loan

Total debts:

Effective rate before taxes:

Effective rate after taxes:

Total monthly payment:

Monthly savings:

Annual savings:

Five year savings:

Ultimate Savings Report

What if you were to pay the same OLD payments instead of your NEW LOWER PAYMENTS... (which is your choice every month)... your monthly SAVINGS will reduce the loan principal each month, SHORTENING the loan itself... without ANY more costs than you used to pay.

Total years SAVED if same OLD payments are made on NEW loan:

Total years until "FREE & CLEAR" if savings are paid to principal:

TOTAL INTEREST SAVED over life of loan if savings are applied to principal:

| Home | Corporate Profile | Mortgage Rates | Mortgage Calculators | Apply Now | Contact Us | Privacy Statement |
mortgage, mortgages, mortgage rate, mortgage rates, mortgage broker, mortgage brokers, best mortgage rates, morgage broker, morages, refinance, refinancing, debt consolidation, debt consolidation loans, broker, rates, vancouver, best, BC, mortage, canadian lenders, morgage brokers, morgages, lenders, loan calculator, interest rates, credit cards, home loan, home loans, BC real estate, prime, rate, home equity loan, home equity loans, real estate, home improvement loans, lending rate, loans, borrow, credit, purchase, acquisition, cash, vacation, interest rate, finance, financing, home, house, mortgage specialist, residential, bank, consolidation, commercial, renewal, loan, application, online application, first time buyer, prepayment, term, alternate lenders, consultant, compare, calculator, amortization, variable, lender, property, purchase, preapproval, approval, cash back, realtor, credit line, equity, prime, below prime, CMHC, high ratio, conventional, down payment, transfer, buy down, renovation, professional, TDSR, GDSR, LTV, servicing, funds, mortgage interest rates, first mortgage, 1st mortgage, 2nd mortgage, 3rd mortgage, second mortgage, third mortgage, remortgage, solutions, homeowners, British Columbia mortgage brokers, commercial lender, mortgage calculator, mortgages software, residential mortgage, home refinance, mortgage refinancing, bank mortgage, mortgage advice, mortgage information, credit mortgages, mortgages and loans, second mortgages, BC loans, equity mortgage loans, home equity loans, bad credit rating, pay off debts, low monthly payments, mortgage investments, invest in mortgages,financial, adjustable rate, advisors, amortize, apr, arm, bayer, best interest rates, best rates, british columbia, buying a home, consolidation, construction, conventional financing, debt, development, discounted, down payment, financial, first home,first time, first, first-time home buyers, fixed rate, foreclosure, group, high ratio financing, home financing, home mortgage calculator, home purchase, home refinancing, housing, independent mortgage broker, interest rates, interim, land, licensed mortgage broker, line, loan information, monthly payment, mortgage amortization calculator,mortgage amortization, mortgage consultant, mortgage consultants, mortgage financing, mortgage insurance, mortgage lenders, mortgage payments, mortgage products, mortgage renewals, mortgage service, mortgage terms and rates, mortgages BC, private funds, property, real estate mortgages, rebuilding credit, residential mortgages, revenue, second, terms, third, time, vancouver island, variable rate, victoria, white rock, amp, cimlb, iccph