Buying before you sell — what does the gap look like?
Estimate your available equity, the financing gap, the carrying cost of a short-term bridge, and the sale price at which the numbers break even. Actual bridge terms vary widely by lender, property, borrower, and transaction.
Your bridge estimate appears here.
Enter a current value and a new purchase price, then calculate.
How the estimate is built
Available equity is your departing home's value minus its mortgage. The bridge's carrying cost is estimated as simple monthly interest on the full amount for the full term, plus the origination and other fees. The break-even sale price is where your net sale proceeds repay the existing mortgage plus the bridge principal and its financing cost.
The honest caveat
Real bridge loans differ in how interest accrues, whether payments are deferred, how much they'll lend against your departing property, and how they treat a simultaneous new mortgage. Use this to frame the conversation, then confirm specifics with a lender.
Where to go next
Model the full path with the Route Finder, connect with a professional through Kawsah, or shore up reserves via NorthReserve.
Frequently asked questions
What is a bridge loan?
A short-term loan that helps you access equity or buy before selling an existing property. Terms, costs, and structures vary widely by lender and transaction.
Is the interest estimate exact?
No. This tool uses simple monthly interest on the full amount for the full term as an illustration. Actual bridge structures differ, and terms depend on the lender.