Consolidate Your Debt

Leverage Equity to Eliminate High Interest Debt

If you’re like the 41.2% of American households that hold credit card debt (at an average interest rate of 15%), you’ll be happy to hear some good news: With the power of your home, you can pay off your credit cards and dump sky-high interest rates and huge monthly expenses—all while consolidating all your balances into one affordable monthly payment.

Your home’s equity is key. That’s the amount your home is worth over the current balance of your home loan. When you tap into your home’s equity with a strategic refinance, you can pay off debts faster and pay less interest in the process. It’s a great solution for homeowners and can provide the stability that your family needs.

How much can I expect to pay each month?

Choose your rate and term and calculate your potential new monthly mortgage payment in seconds below so you can make sure you have enough money left over each month for your other expenses. You might be surprised to see how affordable it is to refinance your home and consolidate your debt.

Debt Consolidation FAQs

The Better Way to Reduce Debt

Lower Interest

Pay off credit card debt with high interest rates using your equity and take advantage of considerably lower mortgage rates.

Improve Cash Flow

Consolidating high interest credit card debt into your mortgage can dramatically decrease your overall monthly payment obligations.

Save on Taxes

Unlike credit cards and other consumer debt, the interest paid against your mortgage is tax deductible.

Eliminate Debt Stress

Paying off debt results in a reduction of stress, a sense of accomplishment, a boost in self-esteem and better physical health.

More Family Time

Decrease the amount of time you spend working to pay your monthly obligations and spend more time with your family.