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

Current Property
$
$
New Property
$
$
Additional cash you're contributing to the new property purchase
$
Sale Details
$
We'll use your current property value as the expected selling price
Loan Terms
%
months
70%75%80%85%
Selected: 85%

Bridging Loan Journey

Existing Property
Value:$700,000
Loan Balance:$400,000
Available Equity:$300,000
Target New Property
Purchase Price:$950,000
Cash Deposit:$55,000
Purchase Costs:$55,000
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
Loan Balance:$400,000
New Property (Purchased)
Purchase Price:$950,000
Purchase Costs:$55,000
Less: Cash Deposit:-$55,000
Amount Financed:$950,000
Peak Debt
Amount:$1,375,313
Includes Capitalized Interest:$25,313
Interest Only:$8,438/month
Rate:7.50%
Peak LVR:83.35%
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.

SOLD
Previous Property (Sold)
Sale Price:$700,000
Net Proceeds:$680,000
Your New Home
Property Value:$950,000
Final Debt Position
Remaining Debt:$695,313
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 borrowing
Monthly Interest

$8,438

Interest-only payments
Total Interest

$25,313

For 3 months
Final Debt

$695,313

After sale completion
Key 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 guide you through the process from start to finish.

Get Straightforward Guidance