Consolidating all your debts into one loan might appear to make life easier but there might be much better ways of dealing with debts.Find out more about how debt consolidation loans work, then get free debt advice before you make a decision.

The total amount payable would be £264,951.04 made up of the loan amount plus interest (£98,245.04), valuation fee (£288) application fee (£150), legal costs (estimated £250), funds transfer (£25) and mortgage exit fees (£125).A mortgage of £164,827 payable over 24 years and 8 months initially on a fixed rate for 3 years at 1.70% and then on our current variable rate of 4.74% for the remaining 22 years and 8 months would require 24 monthly payments of £682.13 and 272 monthly payments of £924.08.The total amount payable would be £269,509.88 made up of the loan amount plus interest (£102,893.88), product fee (£999), valuation fee (£240), application fee (£150), legal costs (estimated £250), funds transfer fee (£25) and mortgage exit fees (£125).A mortgage of £137,873 payable over 24 years and 4 months initially on a fixed rate for 2 years at 1.85% and then on our current variable rate of 4.74% for the remaining 22 years and 4 months would require 24 monthly payments of £586.75 and 268 monthly payments of £779.49.The total amount payable would be £224,822.32 made up of the loan amount plus interest (£85,112.32), product fee (£999), valuation fee (£288), application fee (£150), legal costs (estimated £250), funds transfer fee (£25) and mortgage exit fees (£125).