What is being compared
Your current payments are compared with a consolidated payment, at the rate and duration you chose.
A lower payment is not a cheaper debt
The monthly relief is real. Also look at the fees, the total interest, and how many years the debt stays: a three-year debt spread over 25 costs more, even at a better rate.
What the calculation cannot predict
It does not confirm that refinancing is available, and it does not predict the new balances that can reappear on the cards you paid off.
Next step
Send me your balances, rates, and payments: I’ll show you the balance after three, five, and ten years, consolidated or not.