Someone yesterday asked me about a student loan consolidation calculator. Then I have given a search at Google and found a great calculator. Here is its link,

http://www.finaid.org/calculators/loanconsolidation.phtml

I am however not sure if it is accurate. Apparently it allows you to compare monthly payments, interest rates and total cost of current loans. It also compares it with targeted monthly cost, interest rate and total cost of consolidation loan.

Have you anyone used it yet? Let me know your views…