Gap Financing
Bridge Loan
Cover the down payment on your new home while your current home sells — interest-only short-term financing against available equity.
Two-Home Move
Current Home
$
$
New Home & Terms
$
20%
9.00%
6 mo
1.00%
Bridge Loan Amount
$120,000interest-only
Available Equity (80% LTV)$120,000
Monthly Interest$900
Total Interest$5,400
Origination Fee$1,200
Total Cost$6,600
Get Pre-Approved with Joseph Le
Estimate only. Actual rate, payment, and qualification depend on your full application. Contact Joseph Le, NMLS 529658, for a personalized quote.