Bridge Loan Calculator

Use the bridge loan calculator to calculate the costs and monthly payments for a short term bridge loan. The bridging loan calculator is useful for homeowners who are looking to buy a house before they sell their own home.

Bridging Loan Calculator

Loan Amount
Loan Terms
months
Interest Rate
Balloon Payment Due
months
First Payment Date

Bridge Payment Calculator

Monthly Payment:
$2,103.55
Balloon Payment:
$279,878.09
Total Principal Paid:
$280,000.00
Total Interest Paid:
$23,017.10
Total Payment:
$303,017.10

Bridge Loan Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Mar, 2024 1 $1,925.00 $178.55 $2,103.55 $279,821.45
Apr, 2024 2 $1,923.77 $179.77 $2,103.55 $279,641.68
May, 2024 3 $1,922.54 $181.01 $2,103.55 $279,460.67
Jun, 2024 4 $1,921.29 $182.25 $2,103.55 $279,278.42
Jul, 2024 5 $1,920.04 $183.51 $2,103.55 $279,094.91
Aug, 2024 6 $1,918.78 $184.77 $2,103.55 $278,910.14
Sep, 2024 7 $1,917.51 $186.04 $2,103.55 $278,724.10
Oct, 2024 8 $1,916.23 $187.32 $2,103.55 $278,536.78
Nov, 2024 9 $1,914.94 $188.61 $2,103.55 $278,348.18
Dec, 2024 10 $1,913.64 $189.90 $2,103.55 $278,158.27
Jan, 2025 11 $1,912.34 $191.21 $2,103.55 $277,967.06
Feb, 2025 12 $1,911.02 $277,967.06 $279,878.09 $0.00

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