Bridge Loan Calculator
Bridge financing is short and often interest-only — enter amount, rate, term in months, and repayment style. Click any i for detail.
Bridge terms
Bridge amount ($)
i
Amount
Short-term loan principal. |
|
|---|---|
APR (%)
i
APR
Annual rate on the bridge note. |
|
Term (months)
i
Term
Months until sale/refi payoff. |
|
Repayment style
i
Style
IO common until exit; amort spreads principal. |
How to use this calculator
- Enter bridge amount and rate.
- Set months until exit.
- Pick IO vs amortizing.
- Review payment and total interest.
Results explained
Headline is the monthly payment for the bridge term; total interest assumes you hold the bridge for the full months entered.
Quick reference: bridge loans
Short hold period matters.
| Item | Detail |
|---|---|
| IO payment | Amount × rate ÷ 12 |
| Exit | Usually sale or long-term mortgage |
Origination and extension fees not included.
How the estimate is built
IO: monthly interest only. Amortizing: PMT over term months; total interest = payments × months − principal (IO: interest × months).
Example scenario
$150,000 for 12 months at 9.5% IO → about $1,188/mo and roughly $14,250 interest if the balance stays constant.
FAQ
What pays off the bridge?
Typically home sale proceeds or take-out financing.
Dual payments?
You may carry old and new housing costs — not modeled.
Is IO required?
Many bridges are IO; some amortize partially.