Bridging Loan Calculator — Greenwich
Calculate the total cost of a bridging loan for your Greenwich property purchase. See monthly interest payments, arrangement fees, and the total amount repayable at a glance.
Loan Details
Implied property value: £571,429
Results
Monthly Interest
£2,200
Total Interest
£26,400
Arrangement Fee
£8,000
Total Cost of Finance
£34,400
Total Repayable
£434,400
Cost Breakdown
How This Calculator Works
This bridging loan calculator helps you estimate the total cost of short-term bridging finance for property purchases in Greenwich. Bridging loans are commonly used for auction purchases, chain breaks, refurbishment projects, and quick acquisitions.
- Monthly Interest — calculated as the loan amount multiplied by the monthly interest rate. Most bridging loans charge interest monthly, either serviced (paid monthly) or retained (rolled up and paid at redemption).
- Arrangement Fee — a one-off fee charged by the lender, typically 1-2% of the loan amount. This is usually deducted from the initial advance or added to the loan.
- Total Repayable — the loan principal plus all interest and fees. This is the total amount you would need to repay if you held the loan for the full term.
Actual bridging loan costs may also include valuation fees, legal fees, broker fees, and exit fees depending on the lender. For accurate quotes tailored to your Greenwich property, complete the form below.
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Our Greenwich bridging finance specialists have access to 50+ lenders. Get competitive rates and fast completions for your property purchase.