Bridging Loan Calculator
Visualize how bridging finance works and calculate the costs of buying before selling. See the complete journey from your current property to your new home.
Property & Loan Details
Bridging Loan Journey
Existing Property
Target New Property
Before: Planning Your Move
You own your current property with $300,000 in equity, but this equity is tied up until you sell. You have $55,000 in cash for the new purchase.
Existing Property
New Property (Purchased)
Peak Debt
During: Bridging Period (3 months)
You now own both properties (total value: $1,650,000). Your peak debt of $1,375,313 comes from: existing loan ($400,000) + new property financing ($950,000) + capitalized interest ($25,313). Paying $8,438 monthly in interest only.
Previous Property (Sold)
Your New Home
Final Debt Position
After: Sale Complete
Old property sold for $680,000 net proceeds. Final debt position: $695,313 on your new home.
Bridging Loan Summary
Peak Debt
$1,375,313
Maximum borrowingMonthly Interest
$8,438
Interest-only paymentsTotal Interest
$25,313
For 3 monthsFinal Debt
$695,313
After sale completionKey Insights
- Available Equity: $300,000
- Total Bridging Cost: $100,313
- Bridging LVR: 83.4%
- Net Sale Proceeds: $680,000
Important Notes
- Interest-only payments during bridging period
- Option to capitalise interest for up to 12 months
- Rates and fees may vary by lender
- Settlement timing affects total costs
Need Help with Bridging Finance?
Our mortgage brokers can help you secure competitive bridging loan rates and navigate the process.
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