Debt Consolidation

Bring Multiple Debts Under One Plan

Combine eligible debts into a more structured repayment approach and gain a clearer view of your financial situation. From credit cards and personal loans to existing lending, we can help you understand how combining your debts could work for you.

Simplify Your Finances with Debt Consolidation

Managing multiple debts can be stressful and difficult to keep track of. If you're juggling several loan repayments or credit card balances, debt consolidation could help simplify your finances by combining your existing debts into a single, more manageable loan.

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How Debt Consolidation Can Help

Debt consolidation may allow you to replace multiple repayments with one regular payment, making it easier to manage your budget. Depending on your situation, it could also help reduce your overall interest costs, improve cash flow, and provide greater financial certainty.

A Straightforward Process

Our experienced advisers will guide you through every stage of the debt consolidation process. We'll review your current loans, assess your financial position, compare suitable lending options, and manage the application on your behalf. We aim to make the process simple, transparent, and as stress-free as possible.

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OUR TRUSTED NETWORK OF PROVIDERS.

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LOAN CALCULATOR

Calculate Your Loan Repayments

Estimate your monthly repayments by adjusting the loan amount, interest rate and loan term.

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$10K $5M
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This calculator provides an estimate only. Actual repayments may vary depending on your lender, interest rate and loan conditions.
Estimated Monthly Repayment
$3,160
per month
Loan Amount
$500,000
Total Interest
$637,600
Total Amount Payable $1,137,600
Principal Interest
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Frequently Asked Questions – Debt Consolidation

Debt consolidation involves combining multiple debts, such as credit cards, personal loans, or other borrowings, into a single loan.
Depending on your financial situation and the loan you qualify for, debt consolidation may reduce your monthly repayments or make them more manageable.
Debt consolidation may include credit card balances, personal loans, car loans, and other eligible debts. The types of debt that can be consolidated will depend on your lender's requirements and your individual financial situation.
At Simply Mortgages, we work with a range of trusted New Zealand lenders to help you find a debt consolidation solution that suits your financial goals.