Roundabout

The Consolidator · by thisbank.co.uk

See what consolidating your debts could save.

A free, instant calculator. Add up to ten of your existing debts. The Roundabout Consolidator amortises each one at its own rate, models a single home equity line of credit at 9.9%, and shows the saving as it builds, month by month. No application. No credit footprint. No spin.

Authorised by the FCA & PRA FSCS-protected A Step One Group company

The Roundabout Consolidator

v3.2 · Step One Group · Indicative figures

9.9% APR · 10-year HEL · No fees

Pick a starting point or edit any row directly.

Roundabout HEL

Editable

Headline APR

Term

Lender fee

Broker fee

Your existing debts

5 of 10

If you continue as-is

Total balance

£14,769

Blended APR

24.2%

Total monthly

£777

Clears in

10.1 yrs

Total interest you'd pay

£19,394

Estimated interest saved

£10,840

vs. carrying your existing debts to term, with a Roundabout HEL at 9.9% over 10 years.

New monthly payment

£194

Down from £777/mo today.

↓ £583 less per month

↻ Choose your monthly payment

£473/mo

£207 Lowest payment · longest term

£473 Same as today · fastest payoff

At £473/mo, you'd clear your debt in 2.4 yrs and save £15,000 in interest vs. carrying your existing debts to term.

Cumulative interest paid · today vs. Roundabout

Status quo Roundabout Your saving

Balance over time

Today:£14,769

5 yrs:£0

Monthly payment over time

Today:£777

Roundabout:£190

How this works: We amortise each of your debts at its own minimum payment and APR (capped at 600 months) to compute the implied term and total interest. The Roundabout figures use the same balance, plus any fees you've entered, at the rate and term shown above. A longer term at a lower rate can mean more total interest — the "Same monthly" scenario shows the alternative for borrowers who'd rather clear debt faster than free up cashflow.

A simple tool, built on real bank rails.

The Consolidator is the public version of the model Step One Group's analysts use internally. It runs on Roundabout's actual rate card. The numbers you see here are the numbers we'd offer.

£0

No fees, ever

No arrangement fee, no valuation, no broker fee, no exit fee, no annual fee, no early-repayment charge. We earn on the spread between our deposit base and your balance. That's it.

£85k

FSCS-protected

Roundabout sits on thisbank.co.uk's UK banking licence. Eligible deposits are protected up to £85,000 by the Financial Services Compensation Scheme.

9.9%

Clear, fixed rate

One headline rate. No teaser period that ends in a hike. No introductory period. Quote it once, hold it for the life of the loan.