Calculate Bridging Finance Costs
Instructions
Bridging Finance from just 0.45% per month. Our easy-to-use Bridging Loan Calculator allows you to quickly work out the estimated cost of any loan against a given interest rate, fees and loan term.
Step 1: Enter the total gross loan amount.
Step 2: Enter the anticipated monthly interest rate ( example 0.75 )
Step 3: Enter the Loan Term in months.
Step 4: Enter the anticipated loan set up fee expressed as a percentage of the loan. ( example 2.0)
Step 5: Add the anticipated solicitors fees – e.g. £300
Step 6: Add the anticipated valuation fee – eg £250
Click On ‘Calculate Estimate ‘ Button
Step 7: The total cost of finance over the loan period including interest and charges will be shown.