Current home and sale assumptions
Bridge loan and purchase assumptions
Waiting or temporary housing alternative
This is a simplified estimate. Bridge loans are short-term and lender-specific. Underwriting, lien position, appraisal value, sale contract status, reserve requirements, and payoff timing can materially change the result.
| Line item | Amount | What it means |
|---|
Peak monthly carrying cost includes the current mortgage payment, new mortgage payment, and estimated bridge interest. It excludes taxes, insurance, HOA dues, utilities, repairs, and moving costs unless those are already included in the payments entered.
Methodology notes
Equity after sale
Available equity equals estimated current home value minus mortgage payoff and expected sale costs. It is not guaranteed cash until the sale closes.
Bridge cost
Bridge interest is estimated as simple interest-only cost: bridge amount times annual rate divided by 12, multiplied by the holding months entered.
Delay stress test
The sale-delay estimate adds the selected extra months of bridge interest. It does not model rate changes, extension fees, price cuts, or failed buyer financing.
This calculator is educational and is not a loan approval, underwriting decision, appraisal, sale-price estimate, or tax advice. Bridge loan terms vary widely by lender and market. See full disclosure.
Bridge loan FAQ
Can a bridge loan replace a sale contingency?
Sometimes. It can make an offer cleaner, but the seller and lender still care about your financing strength and ability to carry the overlap.
What if the sale price comes in lower?
Lower net proceeds can leave less cash after repaying the bridge loan. The risk is highest when combined debt is close to the home's value.
Is waiting cheaper?
Waiting can be cheaper when rent and moving costs are below bridge interest, fees, and payment-overlap risk. It can also cost more if it causes you to miss a specific home or market window.