Debt consolidation.

Rolling debts into your mortgage frees up cash flow — but stretching short debts over a long term can cost more overall. This shows both sides.

Your home loan

Home loan balance

Home loan rate (% p.a.)

Remaining term (years)

Debts to consolidate

Credit card balances (assessed at 20% p.a., 2.5% min repayment)

Personal loan balance (12% p.a., 5-year term)

Car loan balance (9% p.a., 5-year term)

Monthly cash flow freed up $0

Repayments now (loan + debts)$0

One consolidated repayment$0

Extra interest if you stretch the debts over the full term$0

If you keep paying the same as today—

Talk through whether it stacks up →

The smart version: consolidate for the lower rate but keep your total repayments the same — the surplus smashes the balance instead of your cash flow.

Assumptions: credit cards at 20% p.a. with 2.5%-of-balance minimum repayments (floor $25); personal loans at 12% and car loans at 9%, both P&I over 5 years; consolidated balance = home loan + all debts at your home loan rate over the remaining term; no lender fees or LMI (consolidating above 80% LVR can trigger LMI — we'll check). "Extra interest" compares total interest on the consolidated loan vs keeping each debt on its own schedule. Edit the balances to match your statements; rates are typical, not quotes.

DeMarque Group Pty Ltd trading as DeMarque Home Loans is an authorised Credit Representative (Credit Representative Number 522568) under Australian Credit Licence 384704. The information on this website is general in nature and does not take your personal objectives, financial situation or needs into account. Consider its appropriateness to these factors before acting on it. Results are estimates for general information only — they are not a loan offer, an approval, or credit advice, and your lender's own assessment will differ. Talk to us on (02) 8046 6878 for figures based on your circumstances.