Bridge Loan Cost Calculator
Bridge loans help homeowners buy a new property before selling their current one, but they come with steep fees and interest. Enter your loan details below to see the total cost of borrowing.
Total Bridge Loan Cost
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Interest Cost—
Origination Fee—
Other Closing Costs—
Total Cost—
About this calculator
Estimate the total cost of a bridge loan including interest, origination fees, and closing costs before you buy your next home.
Frequently Asked Questions
What is a bridge loan?
A bridge loan is a short-term loan that lets you use the equity in your current home to fund the purchase of a new one before your existing home sells.
Are bridge loans expensive?
Yes, bridge loans typically carry higher interest rates and fees than traditional mortgages because of their short term and added risk to the lender.
How long do bridge loans last?
Most bridge loans last between 6 and 12 months, though terms can vary by lender and borrower situation.