Bridge Loan Calculator: Estimate Costs & Payments

Enter your property's purchase price (or current value if already owned), your down payment amount or percentage, LYNK Mortgage's interest rate (start with 8.75% to see best-case scenario), and your estimated hold period in months (6–24 is typical). The calculator displays your loan amount, monthly interest payment, total interest cost over the hold period, and LTV. For example: $500K property, 25% down ($125K), 9% rate, 12-month hold. Loan amount is $375K, monthly interest is $2,812, total interest cost is $33,750, and LTV is 75%. This shows your true cost of capital: paying $33,750 for 12 months of bridge financing versus the convenience of 10-day closing and the flexibility to exit when your sale or refi completes. Play with different down payments and hold periods to understand cost sensitivity. Shorter holds dramatically reduce interest cost; longer holds increase it exponentially.

Bridge loan closing costs typically range 1–3% of the loan amount, with 2% being average at LYNK Mortgage. On a $375K loan, closing costs are approximately $7,500. Most lenders roll closing costs into the loan, meaning you don't pay upfront but your loan balance becomes $382,500. The calculator can include closing costs in the total loan amount; doing so shows your true all-in borrowing cost. On the $500K deal above with 2% closing costs, total borrowed becomes $382,500, increasing your LTV from 75% to 76.5% and monthly interest to $2,869. Interest on closing costs ($150) over 12 months adds another $1,800 to total cost. This is why negotiating fees and closing costs matters: lower fees reduce your loan amount and compound interest savings. LYNK Mortgage discusses fee flexibility for larger deals or repeat borrowers; the calculator shows how meaningful even 0.5% fee reductions are.

Use the calculator to compare bridge loans against hard money, traditional mortgages, and personal capital. Hard money example: $375K at 11%, 12-month hold = $41,250 interest. Same deal on bridge at 9% = $33,750. Bridge saves $7,500 on a single-year hold. Mortgage example: $375K at 6%, 30-year term = $2,246/month payment (includes principal). Bridge at 9%, 12 months = $2,812/month. Mortgage is cheaper monthly, but LYNK Mortgage's bridge closes in 10 days versus 30 days for a mortgage, and requires no income verification. The trade-off: rate premium for speed. Personal capital example: using your own $125K down payment plus another $375K from reserves costs zero interest but depletes liquidity needed for rehab, contingencies, or other opportunities. Bridge financing preserves capital, letting your $125K down payment leverage $375K in debt, conserving $250K+ of your personal reserves for operations. The calculator shows cost-of-capital comparison across all options.