You could combine several existing obligations into a single financing. The new joint monthly payment would be smaller than the current total. To decide you need to know which of the old payments would have ended soon and which new obligation would instead continue for longer. The article does not evaluate any concrete refinancing or any collateralisation.
Record each old schedule until its end
Note for each existing contract the current amount, remaining payments and confirmed end date. Do not add only the next monthly instalment. An obligation that ends soon does not burden later months in the old schedule unchanged.
For a real replacement have the specific amounts and conditions confirmed. The text does not assert free termination nor any claim to consolidation. New collateral matters also belong in the appropriate individual review.
The hypothetical comparison
In the illustrative case there are still 24 payments of €200 and 120 payments of €700. With no further costs or changes this results in €4.800 plus €84.000 equals €88.800 of future payments. The initial total is €900 per month and falls to €700 after the first contract ends.
A hypothetical new plan instead specifies 150 payments of €650, totalling €97.500. The monthly payment would initially be €250 lower. The sum of the specified payments would however be €8.700 greater and the period longer. These figures are not actual interest or residual debt calculations; they are expressly for comparing specified payment sequences.
Limit the initial relief in time
After the first 24 months the difference in the example compared with the then remaining €700 is only €50. After the end of the second old schedule the new payment would continue further. A marketing note that calculates €250 savings over all 150 months would be incompatible with these case assumptions.
For a genuine comparison further costs, identical refinancing bases and, where applicable, different residual debts must be considered. A lower total sum alone would also not be a sufficient statement on the personal affordability of the higher initial burden.
Clearly specify the desired benefit
An actually required monthly relief can be a legitimate advisory goal. Describe it as relief and show the longer or additional payments intended for it. Do not demand an apparent total saving from a calculation that only improves the next month.
The result should jointly explain the monthly course, the entirety of the assumed payments and the end of each obligation. Only then can the personal decision between short-term breathing room and a longer repayment path be professionally reviewed.