Delaware Finance

Sep 20 2017

Debt Consolidation Calculator – RBC Royal Bank, debt consolidation payment calculator.#Debt #consolidation #payment #calculator


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debt consolidation payment calculator

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Attention!

Please review the items below to continue your application.

Information About Your Existing Debt

Find out what your new monthly payments would be and how soon you could be debt free when you consolidate your debts to RBC Royal Bank .

By consolidating your $ debt into a new RBC fixed rate loan,

Compare this with your current payment schedule, where you would still owe $ at the end of .

Based on the details you’ve entered, it appears that you’ll be debt free sooner with your current payment plan.

But, if you are looking to have one convenient payment each month or to improve your monthly cash flow while still working toward being debt free, an RBC credit specialist can help. Call 1-855-834-1782.

Pay off your debt faster by increasing your monthly payment or decreasing the time to pay off all debts.

Debt consolidation payment calculator

Find out how soon you could be debt free and what your new monthly payments would be when you consolidate your debts to RBC Royal Bank .

Your Balances

Result

By consolidating your $ debt into a new RBC fixed rate loan,

Compare this with your current payment schedule, where you would still owe $ at the end of .

Based on the details you’ve entered, it appears that you’ll be debt free sooner with your current payment plan.

But, if you are looking to have one convenient payment each month or to improve your monthly cash flow while still working toward being debt free, an RBC credit specialist can help. Call 1-855-834-1782.

Loan Details

Transfer Your Balances to RBC Royal Bank

A fixed rate loan from RBC Royal Bank can help you pay off your debt sooner by:

  • Choosing a term from 1 to 5 years
  • Combining multiple debts into one low interest rate and one convenient payment
  • Saving on interest costs

Please review the following disclaimers

Personal lending products offered by Royal Bank of Canada and are subject to credit approval.

Prime Rate is an annual variable rate of interest announced by Royal Bank of Canada from time to time as its Prime Rate.

The above calculations assume that for each loan, the debt is repaid in equal monthly installments for the specified term with no balance left at the end of the term. This calculator is intended for consolidation loans only, and not mortgage refinancing.

The calculation is based on the accuracy and completeness of the data you have provided; is for illustrative and general information purposes only; and is not intended to provide specific financial or other advice and should not be relied upon in that regard.

The calculation assumes a constant interest rate throughout the amortization period and the total interest cost is averaged over the life of the loan rounded to the nearest dollar. Your actual interest rate may vary depending on details provided in your credit application.

Royal Bank of Canada uses reasonable efforts to include accurate and up-to-date information in this calculator, but cannot guarantee that all information is accurate or complete or current at all times. You should speak with an RBC Credit Specialist before making a final decision on a loan to ensure it meets your overall financial needs.

Royal Bank of Canada does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator. Royal Bank of Canada will not be liable for any losses or damages arising from any errors or omissions in any information or results, or any action or decision made by you in reliance on any information or results.

Debt consolidation payment calculator

A note about your “Time to pay off debt” selection

Most consolidation loans require repayment within 5 years.

If you think you will need more than 5 years to pay off the loan, we can help explore other borrowing options that may be available to you, and help put together a plan to manage your debt. To speak with an RBC credit specialist, call 1-855-834-1782.

Transfer Your Balances to RBC Royal Bank

A fixed rate loan from RBC Royal Bank can help you pay off your debt sooner by:

  • Choosing a term from 1 to 5 years
  • Combining multiple debts into one low interest rate and one convenient payment
  • Saving on interest costs

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