![]() ![]() While our bridging loan calculator provides close estimates, to get exact pricing tailored to your specific circumstances, we recommend requesting a custom quote. No Obligation Bridging Loan Calculator Quotes How is bridging loan interest calculated?īelow is a visual representation of what the monthly interest repayments could look like on a bridging loan, where the borrowing amount is £100,000: Typical Bridging Loan Interest RateĪdditional Fees Which the Bridging Loan Finance Calculator May Not Cover Bridging Loan Monthly Interest Calculation This helps determine if a bridging loan is affordable. Roll Up Interest – Compounds interest monthly when this option is chosen.īy accounting for these key bridging loan factors, the calculator can provide realistic cost illustrations tailored to your situation.Additional Properties – Considers additional security properties and mortgages.Property Values – Calculates loan-to-value ratio based on property valuations input.Early Redemption – Adjusts costs if you plan to exit before full term.Term Impact – Factors in whether you choose a shorter or longer loan term.Fees – Estimates common lender arrangement fees, legal fees, and other charges based on loan size.Interest Rates – Uses typical market interest rates based on factors like loan-to-value ratio, loan amount, and property type.Here’s how it calculates your potential costs: Our bridging loan calculator provides realistic cost estimates by incorporating common lender interest rates, fees, and criteria. How the Calculator Estimates Bridging Loan Costs Comparison Tool: Bridging Loan Calculators can be used to compare different loan options, helping individuals and businesses choose the best option for their needs.Customizable: Our calculator allows users to enter their own loan amount, interest rate, and loan term, enabling a personalized estimate.Quick Results: Determine the cost of a Bridging Loan in just a few clicks.Convenience: Easily accessible online, our calculator be used from the comfort of your home or office while you plan your next big project.Once satisfied, request a custom quote from us.īenefits of Using a Bridging Loan Calculator.Review costs and adjust inputs to model different scenarios.Add additional properties if using more than one for security.Input any existing mortgages and choose roll up or monthly interest.Select property type(s) and enter market value(s).Enter your required loan amount and desired term length. ![]() Using our bridging loan calculator is simple. Loan Settlement Amounts – The estimated redemption amount at end of term and early settlement amounts.Estimated Additional Costs – Projected legal fees, valuation fees, lender admin fee, redemption admin fee, and other charges.Loan to Value (LTV) – The percentage of the property value being financed.Full-Term Interest Amount – Total interest if the loan goes full term.Average Monthly Interest – The estimated monthly interest cost.Monthly Interest Rate – The interest rate charged monthly.Net Loan Amount and Facility Fee – The net loan and fee total.Facility Fee – The lender’s fee is shown as a percentage of the net loan amount.Net Loan Amount – This is the amount you wish to borrow.The bridging loan calculator provides several key outputs, including: Key Outputs of the Bridging Loan Calculator This allows you to determine if a bridging loan is affordable based on your specific situation. You can adjust the inputs to model different scenarios and see how they affect your costs. With these inputs, the calculator estimates the interest, fees, loan-to-value ratio, and other costs of a bridging loan. Early Redemption Month – If exiting early, enter the month you are likely to redeem.Retained Interest or Monthly – Choose to roll up interest or pay monthly.Mortgage Balance for Property 1 – Enter any existing mortgage on Property 1.Value of Property 1 – Enter the market value of the first property.Amount of Properties – Select the number of properties to use as security from 1 to 6.Type of Security – Choose from commercial, land with planning, land without planning, or farmland.Term Length – Select your desired loan term from 1 to 24 months.Loan Amount Required – Enter the amount you wish to borrow.Our bridging loan calculator allows you to input key details to estimate costs. ![]()
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