Bridge Loan Comparison Tool
Easily compare multiple bridge loan scenarios side-by-side to make informed financial decisions.
Scenario 1
Adjust the parameters for this loan scenario.
Calculated Results:
Monthly Payment:$2,125.00
Total Interest Paid:$25,500.00
Total Origination Fee:$4,500.00
Total Loan Cost:$330,500.00
Comparison Summary
Key metrics for each scenario at a glance.
Metric | Scenario 1 | Scenario 2 | Scenario 3 |
---|---|---|---|
Loan Amount | $300,000.00 | $300,000.00 | $350,000.00 |
Interest Rate | 8.5% | 7.9% | 9.0% |
Term (Months) | 12 | 18 | 6 |
Origination Fee (%) | 1.5% | 1.0% | 2.0% |
Other Fees | $500.00 | $750.00 | $1,000.00 |
Monthly Payment | $2,125.00 | $1,975.00 | $2,625.00 |
Total Interest | $25,500.00 | $35,550.00 | $15,750.00 |
Total Origination Fee | $4,500.00 | $3,000.00 | $7,000.00 |
Total Loan Cost | $330,500.00 | $339,300.00 | $373,750.00 |
How to Use This Tool
- Adjust Scenarios: Modify the loan amount, interest rate, term, and fees for each scenario in its respective tab.
- View Results: See the calculated monthly payment, total interest, and total cost for each individual scenario.
- Compare Summaries: Use the "Comparison Summary" table to see all key metrics side-by-side.
- Make Decisions: Evaluate which scenario best fits your financial goals and risk tolerance.
Note: Bridge loan calculations can be complex. This tool provides estimates for comparison purposes. Always consult with a financial advisor for personalized advice.