Personal finance tool Credit Sesame announced today that it’s pulled in $6.15 million in a second round of funding to help consumers save money on their mortgage and loans by tracking all their finances in one place.

Credit Sesame uses an in-house loan analytics engine to help users instantly view their credit and debt in one place.

This lets users monitor and track often baffling financial information like their credit score, home value and debt-to-income ratio simultaneously.

Launched in public beta in November, Credit Sesame already manages nearly half a billion dollars in loans.

“U.S. households have accumulated more than $13 trillion of debt, and there is a tremendous potential for optimization and savings if every household could reevaluate their options with the right tools,” Adrian Nazari, CEO at Credit Sesame, told me. “We give people the tools they need to do better financially. They can leverage advanced analytics and market intelligence to create wealth through savings.”

The company’s primary competitors are similar personal finance managers Credit KarmaQuizzle and Mint.

Under the company’s system, users are first asked to register their portfolios using the same security technology and encryption methods that banks and financial institutions use.

Credit Sesame then automatically retrieves users’ relevant data like debt, credit, and mortgages so that they don’t have to enter their information manually.

Users can fiddle with Credit Sesame’s tools to set personal goal parameters, see and apply for a wide variety of loans that may fit their restructuring needs, and even view multiple scenarios for potential savings or loans based on changes to a their financial situation, such as a divorce or a job loss.

By using complex algorithms and portfolio “depth” testing, the site creates 5,000 scenarios with thousands of lending products to help each user find the three best pre-qualified solutions, potentially saving a user hundreds of dollars a month as they streamline their finances via the web.

Once registered, the site will continue delivering a free monthly credit score and instant alerts when more optimal savings opportunities become available.

The latest round of funding was led by Menlo Ventures, while the lead investor in Credit Sesame’s last round, Inventus Capital, also participated. The new infusion brings the startup’s funding to $7.35 million to date.