Are you looking to apply for a short term bridge loan to fund the purchase of a real estate property? Use the bridge loan calculator to calculate the borrowing costs and the monthly payments to repay the bridge loan.
Bridge Payment Calculator |
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Monthly Payment: |
$1,537.83 | |||||
Balloon Payment: |
$200,025.90 | |||||
Total Principal Paid: |
$200,000.00 | |||||
Total Interest Paid: |
$16,942.00 | |||||
Total Payment: |
$216,942.00 | |||||
| Payment Date | Payment # | Interest Paid | Principal Paid | Total Payment | Remaining Balance |
|---|---|---|---|---|---|
| Mar, 2025 | 1 | $1,416.67 | $121.16 | $1,537.83 | $199,878.84 |
| Apr, 2025 | 2 | $1,415.81 | $122.02 | $1,537.83 | $199,756.82 |
| May, 2025 | 3 | $1,414.94 | $122.88 | $1,537.83 | $199,633.94 |
| Jun, 2025 | 4 | $1,414.07 | $123.75 | $1,537.83 | $199,510.19 |
| Jul, 2025 | 5 | $1,413.20 | $124.63 | $1,537.83 | $199,385.56 |
| Aug, 2025 | 6 | $1,412.31 | $125.51 | $1,537.83 | $199,260.04 |
| Sep, 2025 | 7 | $1,411.43 | $126.40 | $1,537.83 | $199,133.64 |
| Oct, 2025 | 8 | $1,410.53 | $127.30 | $1,537.83 | $199,006.34 |
| Nov, 2025 | 9 | $1,409.63 | $128.20 | $1,537.83 | $198,878.15 |
| Dec, 2025 | 10 | $1,408.72 | $129.11 | $1,537.83 | $198,749.04 |
| Jan, 2026 | 11 | $1,407.81 | $130.02 | $1,537.83 | $198,619.02 |
| Feb, 2026 | 12 | $1,406.88 | $198,619.02 | $200,025.90 | $0.00 |
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