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
$2,278
$30.62/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.
Today's Mortgage Rates from Lenders
This calculator works with whatever rate you enter. Compare it with the rates lenders are offering right now, fixed and variable, by term. Change the price, down payment or location to match your purchase.
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