Bridge Loan Calculator
Calculate bridge loan cost when buying before selling your current home.
Monthly Bridge Payment
$1,062.50
Total Bridge Cost
$9,375.00
Equity in Current Home
$250,000.00
Bridge Loan Costs
| Monthly Interest Payment | $1,062.50 |
| Total Interest (6 months) | $6,375.00 |
| Closing Costs | $3,000.00 |
| Total Cost of Bridge | $9,375.00 |
Current Home Sale
| Current Home Value | $450,000.00 |
| Mortgage Balance | - $200,000.00 |
| Equity | $250,000.00 |
| Selling Costs (agent, closing) | - $27,000.00 |
| Net Proceeds | $223,000.00 |
After Sale
| Net Sale Proceeds | $223,000.00 |
| Repay Bridge Loan | - $150,000.00 |
| Remaining After Repayment | $73,000.00 |
| Status | Sale proceeds cover bridge loan |
| True Cost of Bridging | $9,375.00 |
Use the Bridge Loan Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
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