Bridge Loan Calculator ? Cost to Buy Before You Sell
A bridge loan lets you tap current-home equity to buy the next one first. See the interest-only monthly cost and total financing bill for the months until your old home sells.
Bridge Loan Cost Calculator
$
$
$250,000 equity
$
%
Typically prime + 2–4%
mo
%
Total Bridge Cost
$7,500
$950/mo interest-only × 6 mo + $1,800 fee
Monthly interest-only payment$950
Origination fee$1,800
Combined LTV on current home74.0%
Equity freed when you sell$250,000
Lenders usually cap combined LTV at 70–80%. Also compare: HELOC on the current home, or a contingency-free offer funded by a buy-before-you-sell program.
Numbers look good? Check what lenders will actually offer you.
See your real rate — free in 60 seconds