Bridge Loan Cost Calculator

About this calculator

A bridge loan is short-term financing that fills the timing gap between two transactions — most commonly, buying a new home or property before the sale of an existing one has closed, so the buyer isn't stuck waiting on one deal to fund another. Because it's short-term and carries more risk for the lender, a bridge loan typically comes with a higher interest rate than a standard mortgage, plus origination and exit fees on top.

The total cost of a bridge loan is the sum of the interest accrued over its (usually short) term plus those upfront and closing fees, which can add up to a meaningful amount even over just a few months. This calculator takes the loan amount, interest rate, term, and fees and estimates the total interest, fees, and full repayment amount, giving homebuyers and businesses a clear picture of what bridging the gap will actually cost before committing to it.