No. Bridge loans are often interest-only with payoff at maturity. This models IO with no principal reduction.

Does it include fees?

Only points are included. Add underwriting/appraisal/extension fees separately if needed.

What if the term extends?

Add more months of interest to estimate the new total cost and check for extension fees.

Assumes fixed APR. Recalculate if your rate changes.

Can I model paydown during the term?

This version assumes no principal paydown. For paydown, subtract planned principal reductions from the balance and rerun.

finance calculator

Bridge Loan Calculator

Estimate bridge loan monthly interest, points, total interest, and total payoff cost for short-term financing.

Results

Monthly interest (IO): $1,125
Points cost: $3,000
Total interest over term: $13,500
Total payoff (principal + points + interest): $166,500

How to use this calculator

Enter the bridge loan amount.
Enter APR, term in months, and lender points percentage.
Review monthly interest (interest-only), total interest, points cost, and total payoff.

Inputs explained

Bridge loan amount: Short-term loan size to be repaid at exit/refi/sale.
APR (%): Annual percentage rate for the bridge loan.
Term (months): Expected bridge duration until payoff/refinance/sale.
Points (%): Upfront lender points as a percent of the loan amount.

How it works

Monthly interest = loan amount × monthly rate (APR ÷ 12).

Points cost = loan amount × points%. Total interest = monthly interest × term.

Total payoff = principal + points + total interest.

Formula

Monthly rate = APR ÷ 12
Monthly interest = Amount × Monthly rate
Points cost = Amount × Points%
Total interest = Monthly interest × Term
Total payoff = Amount + Points cost + Total interest

When to use it

Evaluating cost to carry a bridge while waiting for a sale or permanent financing.
Comparing bridge vs HELOC vs short-term hard money costs.
Estimating payoff amount at the end of the bridge term.

Tips & cautions

Bridge loans are often interest-only; plan for a payoff/refi at term end.
Include lender fees beyond points separately if applicable.
If the term might extend, budget for more months of interest or extension fees.
Assumes interest-only payments with no principal reduction.
Does not include extension fees, appraisal, or underwriting fees.
Fixed APR assumed; some bridge loans can have different structures.

Worked examples

$150k bridge, 9% APR, 12 months, 2 points

Monthly interest ≈ $1,125
Points cost = $3,000
Total interest ≈ $13,500
Total payoff ≈ $166,500

$200k bridge, 10% APR, 9 months, 1.5 points

Monthly interest ≈ $1,666.67
Points cost = $3,000
Total interest ≈ $15,000
Total payoff ≈ $218,000

Deep dive

This bridge loan calculator shows monthly interest, points cost, and total payoff so you can see the true carrying cost before you sell or refinance.

Enter amount, APR, term, and points to compare bridge financing with HELOCs or other short-term options.

FAQs

Is this amortized?: No. Bridge loans are often interest-only with payoff at maturity. This models IO with no principal reduction.
Does it include fees?: Only points are included. Add underwriting/appraisal/extension fees separately if needed.
What if the term extends?: Add more months of interest to estimate the new total cost and check for extension fees.
Variable rates?: Assumes fixed APR. Recalculate if your rate changes.
Can I model paydown during the term?: This version assumes no principal paydown. For paydown, subtract planned principal reductions from the balance and rerun.

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Estimates only. Bridge loan terms vary by lender and may include fees, extensions, or variable rates. Verify terms with your lender before relying on results.