Bridge Loan Calculator
Calculate the costs of short-term bridge financing when buying before selling your current home.
Current Home
$
$
New Home
$
%
Bridge Loan Terms
%
months
%
Bridge Loan Amount
$250,000
62.5% LTV on current home
Monthly Interest
$1,771
Total Bridge Cost
$19,125
Cost Breakdown
Total Interest$10,625
Origination Fee$5,000
Other Closing Costs~$3,500
Total Bridge Cost$19,125
Transaction Summary
Current Home Equity$250,000
Net from Sale (est.)$226,000
Required Down Payment$100,000
New Mortgage Amount$400,000