Work out whether consolidating your loans pays off
Enter your current credits and see how much you save — or lose — by moving them into a single loan. Many comparisons show only the monthly cost. We show the total cost, which is what actually decides it.
Consolidating pays off when the new rate is lower than the weighted rate on your current credits and you do not extend the term. The commonest trap is a monthly cost that falls by 40% while the total interest cost rises, because the debt is spread over ten years instead of three. Card credit and quick loans at 20–25% are almost always worth settling; an existing personal loan at 7% rarely is.
| Debt (kr) | Rate (%) | Paying/mo | |
|---|---|---|---|
You save SEK 16,873 in cost of credit. Your current credits are cleared in 4 yr 1 mo, the consolidation loan in 5 yr.
| Total debt today | SEK 88,000 |
|---|---|
| Paying per month today | SEK 3,300 |
| Paying per month after | SEK 1,805 |
| Credit cost today | SEK 37,200 |
| Credit cost after | SEK 20,327 |
See also
- Compare personal loans, consolidation and quick loans
- Loan calculator with effective rate and amortisation schedule
- The rules that protect you as a borrower
- Mortgage rates — list rate against the real average
- Credit cards with no annual fee — compare the interest-free period and rewards
- Car loans: security in the car means a lower rate
- Unsecured business loans for limited companies and sole traders
- Questions Swedish borrowers ask us
- Personal loans
- Quick loans
- Guides
- Method
Updated 2 September 2026