Bridge Loan Calculator
Calculate costs and payments for bridging the gap between buying and selling
Bridge Loan Calculator
Current Home Details
Bridge Loan Details
New Home Details
Bridge Loan Analysis
Understanding Bridge Loans
What is a Bridge Loan?
A bridge loan is a short-term financing option that helps homeowners "bridge" the gap between buying a new home and selling their current one. It allows you to access your current home's equity before it sells.
Key Considerations
Bridge Loan vs. Traditional Financing
| Feature | Bridge Loan | Traditional Mortgage |
|---|---|---|
| Term Length | 6-12 months | 15-30 years |
| Interest Rate | 2-4% higher | Market rates |
| Payment Type | Interest only | Principal & interest |
| Closing Costs | 2-5% of loan | 2-6% of loan |
| Qualification | Equity-based | Income & credit based |
Calculator Disclaimer
This calculator provides estimates based on the information you enter and current market conditions. Actual loan terms, payments, and costs may vary based on:
- Your credit score and history
- Current market rates
- Property values and equity
- Lender requirements
- Loan term and structure
- Closing timeline
Please consult with one of our bridge loan specialists for personalized loan options and accurate terms based on your specific situation. The results shown are for informational purposes only and do not constitute a commitment to lend.
Need Help with Bridge Financing?
Our bridge loan experts can help you navigate the process of buying a new home before selling your current one.
Call Us
(855) 699-1424