Bridge Loan Calculator

Bridge financing between a sale and a purchase

Prime

4.45%

Rate

8.45%

Days

42

The move

New home you're buying

$
%

= $180,000 of $900,000

$

Current home you're selling

$
$
%

= $30,000 of $750,000

New mortgage on the new home$720,000

Purchase price less the down payment. This is the regular mortgage from the bank. The bridge only covers the down payment gap, not this.

Bridge terms

AUTO
$

Suggested $135,000 = down payment less deposit. Edit to override.

%
+%
$
$

Most A-lenders need a firm sale to bridge.

✓Clears to close· Is this enough to close?

Total bridge cost

$2,313

$0 monthly · paid when the home sells · ~$31/day over 42 days

You keep after sale

$162,687

Cost per day

$31

Days you own both

42

Bridge amount

$135,000

How the bridge is figured

Down payment

$180,000

−

Deposit paid

$45,000

=

Bridge needed

$135,000

The bridge covers the down payment that is still tied up in your current home until it sells. Your mortgage and deposit cover the rest.

The overlap

Buy · August 14Sell · September 25
42 days · $31/day

Equity behind the bridge

45% used

Bridge $135,000cap ~$270,000 (90%)Net $300,000
✓Bridge covers the down payment gap and there is enough equity behind it to clear the close.

Send to your client

Edit this freely. It is what prints on the PDF and copies to send.

Your bridge loan, made simple

You take possession of your new home on August 14, 2026. Your current home sells on September 25, 2026. For 42 days, you own both homes at once.

A bridge loan covers the down payment for your new home during those days. The day your current home sells, the loan is paid back from the sale. You make no monthly payments.

Here is what it looks like:

  • Bridge amount: $135,000
  • Cost: about $31 per day
  • Total cost for 42 days: about $2,313 (interest plus lender and legal fees)
  • Monthly payments: $0
  • What you keep after the sale: about $162,687

This is an estimate to help you plan. Your final numbers depend on a firm sale and your lender.

Broker notes (internal)

Edit before you copy or save. Not shown to the client.

BRIDGE SNAPSHOT (internal)

Verdict: Clears to close

  • Purchase: $900,000 closing August 14, 2026
  • Sale: $750,000 closing September 25, 2026 (firm)
  • Days bridged: 42 ($31/day)
  • Bridge amount: $135,000 (down payment $180,000 less deposit $45,000 = $135,000)
  • Net equity: $300,000 (sale $750,000 less payout $420,000 less selling costs $30,000)
  • Lender will usually advance up to 90%: $270,000
  • Est. cost: $2,313 (interest $1,313 at 8.45% over 42 days + fees $1,000)
  • Net equity after sale: $162,687

Watch:

  • [ok] Bridge covers the down payment gap and there is enough equity behind it to clear the close.

Reminder: a firm sale agreement on the current home and a firm purchase agreement are required before the lender will commit the bridge.

Typical bridge terms: Prime + 2% to 5%, $300 to $750 fee, 45 to 90 day term, often registered on title. Same lawyer is usually required for the sale and purchase.

Estimate only, not financial or legal advice. Interest is bridge amount times rate times days divided by 365, accrued and repaid in one lump sum when the current home sells. Net equity subtracts the mortgage payout and selling costs you enter. Final bridge approval, rate, and fees depend on the lender and require firm sale and purchase agreements.