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Bridging loan calculator

Find out how much a bridging loan will cost you. Calculate your bridging loans interest, with the loan amount, the loan-to-value & the fees etc. Make NO monthly payments with a retained interest bridging loan. The interest is paid at the end of the term when the loan is redeemed. There are NO early repayment penalties, & if you redeem the loan early the remaining interest is not incurred.

LOW rates from only 0.55% pm

Calculate your costs here


 

Your requirements

Net loan required
Loan term
Security value
Outstanding mortgage
 
Interest Rate
i
  • up to 55% LTV ... rates start from 0.55%
  • up to 65% LTV ... rates start from 0.74%
  • up to 70% LTV ... rates start from 0.79%
  • up to 75% LTV ... rates start from 0.84%
Lender fee (1-2%)
 

EquityOne Finance Ltd is FCA authorised to provide advice on regulated mortgage & bridging loan contracts.

Please note that the results of this bridging loan calculator do not constitute a quotation

Loan results

Net loan

Lender fee

Total interest

 
Gross loan

Loan to value (LTV)

 

 

Valuation fee: Desktop property valuations are available free of charge, depending on the nature of the property

Desktop property valuations are available free of charge, depending on the nature of the property

 

 

Notes:

LTV (loan-to-value) - is calculated from the gross loan amount plus any outstanding mortgages divided by the total security value.

Early redemption - there are no early redemption penalties. If you are able to redeem your bridging loan before the end of its term you will only incur interest up to the point you redeem.

EquityOne Finance Ltd is FCA authorised to provide advice on regulated mortgage & bridging loan contracts.

Please note that the results of this bridging loan calculator do not constitute a quotation

Month Initial loan Interest rate Monthly interest Cumulative interest

Bridging loan calculator notes:


The results produced by this bridging loan calculator are intended only to provide a guide to the costs associated with this type of short-term lending. The interest can be paid monthly (on a serviced basis), or can be rolled-up or retained with no monthly instalments required during the loan term.

Our bridging loan calculator displays results on the basis of rolled-up interest, and allows for compounding; many other calculators don’t do this. For example, on a loan of £100,000 for 12 months at a monthly interest rate of 0.5% pcm, the total interest incurred would be £6,169. Some other calculators display the result on the basis of a simple interest calculation as £6,000, which is generally not accurate for bridging loans. To see how the figures are calculated click the ...   BRIDGING LOAN EXAMPLE  >

BRIDGING LOAN EXAMPLE

Interest options explained

There are broadly 3 methods of paying the interest on a bridging loan, defined as follows:

1. Rolled-up interest - There are NO monthly payments to make with a rolled-up interest bridging loan. The interest is ‘rolled up’ and paid as a lump sum at the end of the loan term. With rolled-up interest the lender does not charge interest on the interest already added to the loan.

2. Retained interest - Again there are NO monthly payments to make with a retained interest bridging loan. The interest is added to the loan and paid at the end of the term when the loan is paid back. Where retained interest differs to rolled-up interest is that the lender charges interest on the interest already added to the loan, which is considered to be controversial as this is effectively a double whammy.

3. Serviced interest - Making monthly interest payments is referred to as a serviced bridging loan. The interest payments are calculated form the gross loan amount which includes the lender's facility fee, which is usually 2%.

In most cases there are no early repayment penalities. For example if your loan term is 12 months, but you redeem the loan after 4 months you will only incur 4 months worth of interest.

The large majority of bridging loans are taken out on a rolled-up or retained interest basis. Our bridging loan calculator displays results on the basis of rolled-up interest.

Loan-to-value & Interest rates

Interest rates will vary depending on the loan to value (LTV) percentage. The maximum LTV is generally 80% but can be increased if additional security is provided.

Interest rates start from 0.55, and are dependant on a number of factors such as the loan to value. For instance lower LTV's will attract lower interest rates. Other factors effecting the interest rates can also include the property location, and property type (residential, commercial, semi-commercial, land, etc.)

    First charge lending

  • up to 55% LTV rates start from 0.55%
  • up to 65% LTV rates start from 0.74%
  • up to 70% LTV rates start from 0.79%
  • up to 75% LTV rates start from 0.84%

    Second charge lending

  • up to 50% LTV rates start from 0.84%
  • up to 60% LTV rates start from 0.86%
  • up to 70% LTV rates start from 0.89%

With rolled-up and retained interest bridging loans the loan plus any interest cannot exceed the lender’s maximum LTV criteria.

Loan-to-value is calculated from your loan requirement plus any current outstanding borrowings as a percentage of the total security value. Typically, overall loan to value should not exceed 75%, however this can be increased with additional security.

Bridging loan fees

There are generally no up-front fees to pay for your bridging loan.

Once a bridging loan has been approved for you and you have accepted the terms offered, you will be required to pay a valuation fee in order to proceed with the loan. Legal fees will follow, and administration fees are usually added to the loan amount.

Getting a bridging loan quote

Each bridging loan application is dealt with on a case by case basis.

To provide an accurate bridging loan quotation EquityOne Finance Ltd will require the applicant to provide all the necessary detail to ensure qualifying criteria, and to be able to provide a detailed terms of all costs, fees, and interest rates payable by the borrower. Please note that fees such as valuation, admin, and legal fees can differ between alternative lending sources.

If you wish to apply for a decision in principle, click the link below.

Apply for DIP

There are no upfront fees, no credit search, & you are under no obligation to proceed.

All information provided is safe & secure

 ICO Data Protection no: ZA048393

How long does a bridging loan take?

A bridging loan could be completed a few days.

This does however vary depending on the nature and complexity of the case. A decision in principle can usually be provided quickly within a couple of hours.

Quick Quote

(Minimum: £25,000)
(Min: £25,000)
  Secure form
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  • No credit checks
  • No up-front fees
  • No obligation

Get your funding terms today

To obtain a credit-backed decision in principle please click below and complete our secure online DIP form today

Apply for DIP

Available up to ...

£ 50 m

All types of briging & development finance available from £50,000

Loan-to-value ...

80 %

100% LTV also available with additional security property

Rates from ...

0. 55 %

The very latest low bridging loan rates at  May 2024

Lowest bridging rates at May 2024

Trusted bridging solutions for all ...

✓  Independent ✓  Unbiased Independent & Unbiased ✓  FCA authorised ✓  CeMap qualified ✓  Latest products ✓  Competitive rates ✓  Whole of the UK

The experts, providing all types of Bridging loan ...

Providing all types of Bridging ...

All types of Bridging loan ...

   Chain-breaking / purchase before sale    Residential & commercial property    Refurbishments / conversions    Re-finance a bridging loan    Capital raising & cashflow    Inheritance, tax & probate    BTL Investment property    Development finance    All requirements considered ...

Excellent job, very efficient ...

5/5

“We would like to thank you for all your hard work. I realise we have been quite full on with the pressure of trying to redeem our mortgage within a week. We know that you have gone above and beyond your job role. I would like EQUITYONE to realise your worth. If I owned my own business I would definitely have you on my payroll. Excellent job, very efficient, working at pace to my requested dead line. This has been recognised and appreciated"

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That’s super helpful ...

5/5

“Thanks so much for the update. Really appreciate you keeping us informed, it makes a world of difference to me and my wife. It reinforces our confidence that everything is in hand for a quick completion on Friday. That's super helpful and really efficient, thanks again"

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Can’t thank you enough ...

5/5

“Thank you so much for all you have done to help us, you have no idea how grateful we are. You've helped us to not only purchase our forever home but to also provide a lovely family home for our children to grow up in. I can’t thank you enough. You are fabulous at what you do and your constant reassurance, help and guidance made the whole thing a lot less stressful. All the best, & thank you again”

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Lowest 2024 Bridging rates available ...

Get your BEST RATE today ...

Lowest 2024 Bridging rates available ...

Get your BEST RATE today ...

Lowest 2024 Bridging rates available ...

Get your BEST RATE today ...

Lowest 2024 Bridging rates available ...

Get your BEST RATE today ...

Lowest 2024 Bridging rates available ...

Get your BEST RATE today ...

Lowest 2024 Bridging rates available ...

Get your BEST RATE today ...

Lowest 2024 Bridging rates available ...

Get your BEST RATE today ...

Lowest 2024 Bridging rates available ...

Get your BEST RATE today ...

QUICK QUOTE
Fast & flexible Bridging finance from the property experts ! ...

EquityOne Finance Limited is authorised & regulated by the Financial Conduct Authority FRN: 733649


CeMap Qualified

Our advisors are qualified with a Certificate in Mortgage Advice and Practice


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We are registered with the Information Commissioner (ICO)

We are registered with the Information Commissioner's Office (ICO)


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Data protection compliant under General Data Protection Regulation

Representative example

For example: Based on an interest only regulated bridging loan of £100,000 for a maximum 12-month period on a fixed rate of 0.79% per month, payable at the end of the term. The total amount payable would be £111,902 made up of the loan amount plus interest of £9,902, and fees of £2,000. The overall cost for comparison is 11.9% APR representative. Please note that this example is for illustrative purposes only and the actual terms and conditions of a bridging loan may vary depending on the lender and the individual circumstances of the borrower. It's important to carefully review all terms and conditions before agreeing to a loan.

BOE Base Rate: 5.25%

We’ve teamed up with Aro Mortgages, one of the UK’s leading second-charge mortgage distributors, to help you find the financial solution that you’re looking for. Aro Mortgages believe that when it comes to your finances, you should be in control. That’s why they work closely with you to fully understand your needs, allowing them to accurately match you with credit options that are right for you and your finances. EquityOne Finance Ltd acts as a credit broker and earns a commission if you choose to take out a loan. A soft credit check will be done to provide your loan quote - this WILL NOT affect your credit rating. Your chosen lender may carry out a full credit check if you proceed to application.

Company name: Freedom Finance Mortgages Limited, trading as Aro Mortgages, is an appointed representative of Freedom Finance Limited Registered address: Atlantic House, Atlas Business Park, Simonsway, Manchester, M22 5PR. Registered in England & Wales 14203395 VAT registration number: 428 9790 42 FCA number: 979210

Representative example

14.26% APRC Representative (variable). Representative example, if you choose to add fees to the loan: assumed borrowing of £25,000 over 7 years, plus a broker fee of £2,850 and lender fee of £367.50 would result in monthly repayments of £509.96, the borrowing rate is 12.78%, the APRC is 14.26% (variable), total charge for credit would be £14,619.14 and the total amount payable would be £42,836.64. EquityOne Finance Ltd and Freedom Finance Limited are credit brokers and not lenders. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

BOE Base Rate: 5.25%