or
Sign up
Post an ad

Bridge Loan Calculator

Plan your home transition finances with confidence

How Much Do I Have Available From My Sale?
Current Mortgage Balance
Estimated Mortgage Penalty
Real Estate Commission (* lender’s default assumption)
Amount Available for Bridge

How Much Do I Need For My Purchase?
Purchase Price
Approved Mortgage Amount
Initial Deposit (counts towards down payment)
Estimated Closing Costs
Subtotal
Amount Available on Existing Home-equity Line of Credit (HELOC)?
Cash From Own Resources?
Amount Needed

How Much Will My Bridge Loan Cost?
Amount Available For Bridge
Total Days Between Your Buy and Sell Dates?
Bridge Loan Rate (range is 6% to 8%)
Interest Cost
Lender Bridge-Loan Fee
Added Legal Fees (If Bridge Loan Is For More Than 30 Days: Lawyer to Confirm)

Estimated total bridge loan cost