Bridge Loan Snapshot Tool
This bridge loan snapshot tool can provide a rough picture of your proceeds, monthly interest-only payment, and the balloon due at payoff, all while your current home is still on the market.
Monthly payment (interest-only)
$950/mo
Balloon payment due at payoff
$120,000
Total interest over 6 mo
$5,700
Available equity
$220,000
Equity breakdownHow the bridge fits in your equity
- Mortgage payoff$280,000
- Bridge proceeds$120,000
- Equity not tapped$100,000
Estimated cost includes $5,700 interest plus a 1% origination fee estimate of $1,200 ($6,900 total).
Use the sliders for quick comparisons, or tap any blue value pill to type an exact number.
Current home value
Mortgage payoff
Max bridge LTV
Bridge rate
Bridge term
Want a simpler path between homes? Explore HomeLight's Buy Before You Sell program.
For illustration only. Every lender structures bridge financing differently: interest timing, required reserves, fees, and how the loan is secured can all vary. This isn't a loan offer or a commitment to lend.