Bridge Financing Calculator
See the total cost of bridge financing — interest, setup fees, and legal — when you close on a new home before selling your old one.
Typically equals your down payment on the new home
Typically Prime + 2–4%
Total bridge cost
$2,657
$39.04/day interest for 45 days
Bridge financing lets you close on a new home before your existing one sells. Most Canadian lenders cap bridge terms at 90–120 days and require a firm sale contract on your old home before approving.
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