Advanced Bridge Loan Calculator
Bridge loans don’t have to be this confusing! We tried using other bridge loan calculators and even found ourselves scratching our heads. So we built our own. The Advanced Bridge Loan Calculator makes it easy to figure out how much of your home equity you can borrow and how it fits into buying your next home — no confusing math, no guesswork.
If you’ve been searching for a clear and accurate bridge loan or bridging loan calculator, you’re in the right place.
What is a Bridge Loan?
A bridge loan is a short-term loan that lets you borrow against the equity in your current home. Homebuyers often use a bridge loan to make a down payment on a new property while waiting for their current home to sell. This short-term solution gives you flexibility in competitive markets and avoids the need to sell first.
Most bridge loans last 6 to 12 months, with interest-only payments. They’re a strategic financing option, but only when you understand how they impact your overall budget — that’s where our bridge loan calculator comes in.
How This Bridging Loan Calculator Works
Our bridging loan calculator is divided into two parts: your current home and your next purchase. It’s built to be intuitive, transparent, and more accurate than any other tool on the market.
Step 1: Current Home & Bridge Loan Details
You’ll enter:
Current Home Value
Outstanding Mortgage Balance
Credit Score
Desired Bridge Loan Amount
From this, we calculate:
Maximum Bridge Loan Amount based on equity
Estimated Bridge Loan Interest Rate using Prime + credit-based margin
Bridge Loan Monthly Payment (interest-only, 12-month term)
This gives you a clear view of how much bridge financing is available and how much it may cost.
Step 2: New Home Purchase Analysis
Input details for your upcoming purchase:
Purchase Price of New Home
Down Payment (from Bridge Loan) – up to the approved amount
Additional Cash Down Payment (optional)
Loan Term and Interest Rate
We calculate:
Loan Amount after both down payments
Estimated Due at Signing (3% of purchase price)
Monthly Principal & Interest Payments
Whether you’re considering a conventional loan or exploring other options, this tool gives you a comprehensive outlook.
Why Use a Bridge Loan?
Using a bridge loan can make buying a new home less stressful and more strategic. It can help you:
Avoid selling your home before you’re ready
Make a stronger offer without financing contingencies
Cover your down payment without draining savings
Time your move without rushed closings
That said, bridge loans aren’t for everyone. They typically come with higher interest rates and require strong credit and solid exit plans. This calculator helps you see if the numbers make sense.
Additional Tools & Resources
Explore other tools that help you get mortgage-ready:
Want to understand how bridge loans work in real-world scenarios? Read our guide:
Buy Before You Sell: Bridge Loans & Recasting Explained
