Should I consolidate my debts? Existing debts Amount owed Monthly payment Months left Auto loan 1 $   $       Auto loan 2 $   $       Boat/RV loans $   $       Education loans $   $       Other loans $   $       Amount owed Interest rate Credit card 1 $     % Credit card 2 $     % Credit card 3 $     % Other account 1 $     % Other account 2 $     % Consolidation loan Home equity loan Home equity line of credit Personal loan Personal line of credit Interest rate   % Months to pay off     Upfront costs $   Discount points   % Your savings rate   % Your state + federal tax rate   % Note: You may be better off not including loans which will be paid off sooner than your proposed consolidation loan, even if their interest rate is higher than the consolidation loan's rate.