Debt consolidation calculator
Did a bank offer to take over your debts (a compra de cartera)? Compare what you pay today with the offer and see if it’s really worth it: how much your monthly payment changes and how much you pay in total.
1. The debts you want to move
2. The new bank’s offer
The credit life insurance charged every month with your payment.
Fill in your debts and the offer to see the result.
Everything is calculated in your browser: what you type is never sent or stored. This is a fixed-payment estimate; the bank may calculate insurance, fees or the first month differently. EA = effective annual rate; MV = monthly rate.
Simulate with your real debts
In Dineri your debts are already there with their balance, rate and payments: simulate a consolidation or a restructuring in seconds and see if it’s worth it.
Meet DineriWhat is debt consolidation (compra de cartera)?
It’s when a bank pays off your debts with other lenders (credit cards, personal loans, car loans…) and leaves you with a single new debt with them, at a different rate and term. In Colombia it’s called compra de cartera. The goal is to pay less interest, have a single payment, or both.
When is it worth it?
- When the new rate is much lower than your current debts, especially if you have credit cards or cash advances, which usually carry the highest rates.
- When you don’t stretch the term too much. A lower payment can end up very expensive if you pay it for more years: always look at the total to pay, not just the monthly payment.
- When you don’t use the cards again once they’re at zero. If you max them out again, you end up with double the debt.
What to check in the offer
- Effective annual rate (EA): this is what lets you compare. If they give you the monthly rate (MV), you can enter it as “% MV” in the calculator and we convert it.
- Term in months: the longer the term, the lower the payment but the more interest in total.
- Costs: credit review, fees or other charges for the operation. Ask whether they charge them separately or add them to the debt.
- Credit life insurance: it’s paid every month with the installment and counts too.
Consolidation or restructuring?
In a consolidation, another lender pays off your debts. In a restructuring, your own bank changes the terms (term, payment or rate) because you’re having trouble paying, and that is flagged on your credit history. If you’re behind, also check how long a Datacrédito report lasts.
Frequently asked questions
When is debt consolidation worth it?
When the new rate is lower than your debts’ rates and you don’t stretch the term so much that you end up paying more interest. Always compare the total to pay, not just the monthly payment.
What’s the difference between an EA rate and an MV rate?
The effective annual rate (EA) is the cost of credit over a year and is the one to use to compare offers. The monthly rate (MV, mes vencido) is the rate for each month. To convert MV to EA: (1 + MV)^12 − 1. For example, 2% MV is about 26.8% EA.
Can I move my credit cards into a personal loan?
Yes, it’s one of the most common uses of debt consolidation, because credit cards usually have higher rates. For it to work, don’t use the cards again once they’re at zero.
Does debt consolidation affect my credit history?
Paying the new loan on time helps you. What leaves a negative mark is delinquency; and if instead of a consolidation your bank restructures your debt because you’re struggling to pay, that is flagged on your history.
Updated October 4, 2026 · By the Dineri AI team. Fixed-payment estimate for guidance only; it does not replace the lender’s official projection.