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, 30% down ($150K), 9% rate, 12-month hold. Loan amount is $350K, monthly interest is $2,625, total interest cost is $31,500, and LTV is 70%—right at LYNK Mortgage's purchase maximum for 1–4 units. This shows your true cost of capital: paying $31,500 for 12 months of bridge financing versus the convenience of 7–15 day typical close 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 reduce interest cost; longer holds increase it month by month.

Bridge loan closing costs typically range 1–3% of the loan amount; 2% is a reasonable planning figure. On a $350K loan, closing costs are approximately $7,000. Some lenders roll closing costs into the loan, but that raises your LTV—and LYNK Mortgage's bridge loans are capped at 70% of the purchase price on 1–4 unit purchases, so on the $500K deal above the $7,000 comes out of pocket: $157,000 total cash to close. Add it to your all-in cost: $31,500 of interest plus $7,000 of closing costs is $38,500 for 12 months of bridge financing, or 11% of the loan. This is why fees and closing costs matter: every dollar of fees raises your all-in rate, and each 0.5% of fees on a $350K loan is another $1,750.

Use the calculator to compare bridge loans against hard money, traditional mortgages, and personal capital. Hard money example: $350K at 11%, 12-month hold = $38,500 interest. Same deal on bridge at 9% = $31,500. Bridge saves $7,000 on a single-year hold. Mortgage example: $350K at 6%, 30-year term = $2,098/month payment (includes principal). Bridge at 9%, 12 months = $2,625/month. Mortgage is cheaper monthly, but LYNK Mortgage's bridge closes in 7–15 days typical versus 30 days for a mortgage, and requires no income verification. The trade-off: rate premium for speed. Personal capital example: using your own $150K down payment plus another $350K from reserves costs zero interest but depletes liquidity needed for rehab, contingencies, or other opportunities. Bridge financing preserves capital, letting your $150K down payment leverage $350K in debt and keeping that $350K of your personal reserves free for operations. The calculator shows cost-of-capital comparison across all options.