For the record, because I'm sure the answer is somewhere in this forum already - search isn't working at least not for me.
My question is about consolidating loans.
We have two student loans, ones OSAP the other is a TD Student Line of Credit. Between the Two there is $27,000.
We also have a regular line of credit with $9000.
Bring us to a grand total for about 36000 of debt.
I did a quick online calculator on CIBC's website that said I'd pay ~ $2500 over 5 years in interest, and payments would be $165 a week.
This is completely doable, I'd likely be able to put extra on each month. Does it make sense to consolidate like this?