Bridging Loan Calculator
Our bridging loan calculator gives a good indication of the expected rates and repayment costs when applying for a bridging loan. Get the best bridging loan rates in the UK starting from 0.43%. All our bridging finance quotes are fully FCA Regulated (667602).
If you are struggling to obtain a quote or would like to discuss your quote, please get in touch or call us on 0116 464 5544
In bridging finance, monthly payments are not normally required unless requested. Instead the borrower receives the net loan amount and on repayment of that loan also repays any interest generated whilst the loan was outstanding.
| ***** Rates quoted are subject to status |
****** Early repayment charges may apply on certain products
**** Prices quoted on these sheets are not liable for VAT
When using the calculator we WILL NOT perform credit checks, NOR will we pass your information to any third parties. We are committed to protecting your personal data and are registered with the Information Commissioner Office (ZA115985).
Fast Bridging Loans
Bridging finance is an alternative form of lending to traditional mortgage finance that’s been gaining traction over recent years. We understand that for many customers simply exploring their options to have in-person meetings and consultations aren’t always convenient.
If you think that you may potentially benefit from a bridging loan but are unaware of how they work, we’re here to help. We’re proud to offer a simplified bridging loans calculator which can be used to help determine the terms and repayment schedule of your bridging loan with a quick and easy online quote.
After using the bridging loan calculator to confirm the loan amount, we will be in touch or you can call one of our financial advisors for advice and discuss your application further.
Our team is available from 9am to 9pm throughout the week and can be contacted via live chat, email or telephone.
No Hidden Fees, No Nasty Surprises
Using a bridging finance calculator can be a fast and efficient way of exploring the options before going ahead with your application. Our bridging loan calculator has been specifically designed to help highlight all typical fees and charges, meaning no nasty surprises along the way. What’s more, using a bridging loan calculator can help you understand your repayment obligations in full.
No Credit Check, No Income
Bridging finance can be great for borrowers who may have problems with poor credit or perhaps are without proof of income and require funds quick. This includes the unemployed providing they have the required security as bridging loans represent ideal commercial and residential finance solutions.
While terms and conditions vary significantly in accordance with the lender and the borrower’s requirements, bridging loans can represent a real lifeline compared to mortgage options that may be inaccessible. Eligibility is determined on a case by case basis, with bad credit having little or no influence.
With the help of our bridge loan calculator you can determine a quick financial solution.
The Purpose of Bridging Loans
An example of a popular and effective use of a bridging loan is when investors are looking to buy at auction so funds are needed quick. Successful bidders may be required to fully fund an auction purchase within 28 days. Failure to pay within the given timeframe may result in losing all or part of the 10% deposit placed on the property when the bid was accepted. Bridging loans can be pre-approved allowing buyers to bid with confidence having no worries regarding the deposit.