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Bridge Loan Calculator


Bridge Loan Calculator to calculate the monthly mortgage payments for bridge loans. A bridge loan is a short term loan used to fill in the gap between financing the purchase of a new home before selling your old home.

Bridge Mortgage Calculator

Loan Amount
Loan Terms
months
Interest Rate
Balloon Payment Due
months
First Payment Date

Bridge Payment Calculator

Monthly Payment:
$1,834.41
Balloon Payment:
$249,746.00
Total Principal Paid:
$250,000.00
Total Interest Paid:
$19,924.53
Total Payment:
$269,924.53

Bridge Loan Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Jun, 2024 1 $1,666.67 $167.74 $1,834.41 $249,832.26
Jul, 2024 2 $1,665.55 $168.86 $1,834.41 $249,663.39
Aug, 2024 3 $1,664.42 $169.99 $1,834.41 $249,493.40
Sep, 2024 4 $1,663.29 $171.12 $1,834.41 $249,322.28
Oct, 2024 5 $1,662.15 $172.26 $1,834.41 $249,150.02
Nov, 2024 6 $1,661.00 $173.41 $1,834.41 $248,976.61
Dec, 2024 7 $1,659.84 $174.57 $1,834.41 $248,802.04
Jan, 2025 8 $1,658.68 $175.73 $1,834.41 $248,626.31
Feb, 2025 9 $1,657.51 $176.90 $1,834.41 $248,449.41
Mar, 2025 10 $1,656.33 $178.08 $1,834.41 $248,271.32
Apr, 2025 11 $1,655.14 $179.27 $1,834.41 $248,092.05
May, 2025 12 $1,653.95 $248,092.05 $249,746.00 $0.00



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