Free Calculator · Updated October 2026
Buying your next home before the current one sells? Estimate how much a bridge loan can unlock from your current home, what it costs each month, and what you net when the old home sells.
Estimates only, not a loan offer or commitment. Rates, terms and eligibility depend on credit, property, income and lender guidelines. Save Financial, NMLS #377740, DRE #01875766.
A bridge loan is short-term financing secured by the home you are selling. It lets you use that equity for the down payment on your next home before the sale closes, so you can make a non-contingent offer. When your home sells, the bridge loan and your old mortgage are paid off from the proceeds.
Available equity = current home value × max CLTV − current mortgage
Most bridge loans run 6 to 12 months, charge interest-only payments or let interest accrue until the sale, and carry an origination fee.
| Item | Amount |
|---|---|
| Current home value / mortgage | $1,600,000 / $600,000 |
| Equity available at 80% CLTV | $680,000 |
| Needed: 20% down + 2% costs on $2.2M | $484,000 |
| Bridge loan | $484,000 |
| Interest at an assumed 9.5% | $3,832/month |
| Cost for 4 months + 1% fee | About $20,167 |
Rates and fees are examples only. In a competitive Orange County or Westside market, a non-contingent offer can win the house, which is often worth far more than the bridge cost.
See the bridge loan program for full terms.
Usually up to 70% to 80% of your current home's value, minus your current mortgage. On a $1,600,000 home with $600,000 owed at 80%, that is up to $680,000.
Typically 6 to 12 months. It is repaid when your current home sells.
Some bridge loans have interest-only monthly payments; others let interest accrue and collect it when your home sells.
Lenders look at your ability to carry both housing payments, though some programs reduce that requirement when your home is listed or under contract.
It costs more than a HELOC, but it lets you make a stronger non-contingent offer and move once. The calculator shows the total cost so you can weigh it.
No. It is an estimate for planning only.
We line up the bridge loan and the new mortgage together so you can make a non-contingent offer.