Planning · Phase 2

Debt Consolidation Simulator

Rolling your cards and loans into one cheaper loan can save real money — or just stretch the pain over more years. The honest test isn't a smaller monthly payment; it's whether the new real rate beats what you're paying now. Enter your debts and a consolidation offer.

Your current debts

Balance

AED

Rate / month

%

Cards ~3.25%; loans ~0.6%

Balance

AED

Rate / month

%

Cards ~3.25%; loans ~0.6%

Balance

AED

Rate / month

%

Cards ~3.25%; loans ~0.6%

Consolidation offer

Flat rate

% flat

Term

months

Your monthly income

AED

Total debt

AED 62,000

Blended rate now

25.6%

real APR across your debts

Consolidation real APR

8.7%

from 4.5% flat

New monthly payment

AED 1,524

DBR 8.5%

The reality

The consolidation's real rate (8.7%) beats your current blended 25.6% — so it genuinely cuts your cost, dropping monthly interest by about AED 758. The catch: it only works if you stop using the cleared cards. Consolidate, then cut up the cards — or you'll owe the loan and new card debt both.

Basis: Compares the consolidation loan's real reducing-balance APR against the balance-weighted blended APR of your current debts. Consolidation loans are quoted as flat rates; the real APR is what matters. Education, not financial advice.