Specialty Financing
Bridge Loan / Buy Now, Sell Later
Current home
Your assumption — set by the lender
Bridge financing (enter quoted terms)
Bridge payments
Sale & new home
Estimated available equity
$700,000
At 80% CLTV
Remaining equity after sale
$510,000
| Monthly payments | Before sale | After sale |
|---|---|---|
| Current home | $3,500 | $0 |
| Bridge loan | $0 | $0 |
| New home | $9,000 | $9,000 |
| Total | $12,500 | $9,000 |
Remaining equity = sales price − selling expenses − existing mortgage − bridge payoff. Fees are assumed paid at closing of the bridge loan.
Lender guidelines vary. Bridge loan structures, loan limits, deferred-payment options and pricing vary. Nothing here represents verified OriginPoint program terms. This is not a prequalification, approval or determination of eligibility.
Educational estimate only. Results are not a Loan Estimate, rate lock, rate commitment, or guarantee of loan approval. Actual rates, payments, taxes, insurance, and program eligibility vary and are subject to underwriting. Contact Marc Chamberlain for a personalized quote.
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