Financing Gap Calculation

Trustscore 4.8

134 reviews

Buy now, sell later

From 8.24% p.a, 8.33% p.a comparison rate^

Set-up fee from 0.79%
Loans up to 12 months
Funding up to $8M
LVR up to 80%

Why Bridgit

24 hour approval

Progress quickly and buy with confidence. We will come back to you regarding an approval offer in under 24 hours.

No monthly repayments

Avoid the added stress of monthly fees. Repay your loan in one sum after the sale of your existing property.

No missed opportunities

Don't miss out because of slow processes, unlock your property equity in 24 hours.

The Bridgit Solution

At Bridgit, we’re all about helping Aussie homeowners unlock their property wealth. With our specialist bridging loan solution, you can unlock your property equity before you have sold your existing property. We can help you with:

  • Downsizing
  • Upsizing
  • Investing
  • Retirement living
  • Delayed settlements
  • Cosmetic renovations
  • Financial consolidation
  • Marital separation
Learn more
The Bridgit Loan Calculator

Buy now, sell later

$
$
$
$
Buy new property
(less contribution)
$800,000
Existing
mortgage
$500,000
Sell existing
property
$2,000,000
Your estimated loan calculation
Estimated principal amount
$1,300,000
Your cash after sale
$700,000
Estimated principal amount
$1,300,000
(LVR 43%)
Based on the information provided your Loan to Value Ratio (LVR) may be too high. To help you we require some additional information; feel free to get a quote or schedule a call with our team.

Please submit an application or quote to receive a detailed breakdown of your loan amount.

Buy now, sell later

From 8.24% p.a, 8.33% p.a comparison rate^

Set-up fee from 0.79%
Loans up to 12 months
Funding up to $8M
LVR up to 80%

Simple process, faster approval

Apply online in under 5 minutes and get 24 hour approval. Don’t miss the opportunity to buy your dream home today.

Apply now

Headache free,
stress free

No monthly repayments and up to a 12 month loan term, giving you plenty of time to sell your existing property.

Learn more

Expert support,
Aussie based

Our specialist team is here to support you every step of the way.

About us
Want to know more? Bridgit FAQs

Trusted by customers
who Bridgit

Customer Service at its best.

Everyone I dealt with at Bridgit was helpful and responsive. Candice (BDM) checked in with me regularly to make sure everything was going smoothly and Andrew kept me in the loop. I recommend Bridgit highly.
- Sue Farnham

Get 24 hour approval with Bridgit

01

Submit application

Apply online and receive 24 hour approval. Tell us some details about yourself and see how much you can borrow.

02

Accept the offer

Accept your loan offer by making a small upfront deposit and progress your application to the next stage.

03

Purchase your property

Apply online and receive 24 hour approval. Tell us some details about yourself and see how much you can borrow.

*Subject to the loan scenario and outgoing lender processes onrefinance (if applicable).

04

Sell

Sell your existing property and pay down your Bridgit loan. No rush, you have up to 12 months.

Financing Gap Calculation

It is difficult to sell a house. From its condition and location all the way to your asking price, you might find that the ideal buyers are few and far between. Each time that happens, you end up spending more on temporary living accommodations and storage fees for your furniture and clothing. Several Australian homeowners face your exact problem, too, which shouldn't surprise you. In fact, more and more Australians are searching for 'Financing Gap Calculation' online and finding out what they need are bridging loans. However, you already know how slow and difficult traditional bank lenders can be. So instead of spending hours searching for 'Financing Gap Formula' online, you could be bridging the gap with Bridgit. Your dream home doesn't have to be constrained by limitations like long wait times or endless paperwork. We provide Australian homeowners with modern, digital financing solutions that allow them to take the next step in their lives without the hassles of traditional lending. You can unlock the value of your property without sitting in line for hours.

Now that our options will help end your search for 'Financing Gap Calculation', you can take the first steps to new home ownership by narrowing down your choices at Bridgit. With our fast bridging loan options, you can find exactly what you need, whether you were looking up 'Financing Gap Bank' or 'Financing Gap Model'. Consider our downsizer bridging loan if you find that a smaller apartment would suit you better, or maybe our upsizer bridging loan if you could use some extra space to establish your start-up business. On the other hand, if you're a non-standard earner or someone who's self-employed, you can utilise our low doc bridging loan for an easier time. Through this lending form, you'll be able to send us other alternatives to the conventional proof of income documents. Just select an option that suits your unique situation, and experience our service benefits. As a start, you can take a deep breath and better the sale of your current property, as we'll give you the appropriate amount of funds for your new home. You can also eliminate the costs associated with rental apartments since you can comfortably move in right away. Last but not least, you can choose to spend our funds on a mortgage you have or utilise our speedy turnarounds by buying special housing deals being offered at a limited time.

Whether you're wondering about 'How Does A Bridge Mortgage Work' or 'Bridge Financing For Home Purchase', you can trust Bridgit to deliver quick solutions to you with our expert team. By financing a bridge loan through Bridgit, you won't have to wait weeks or even months for settlement. Our bridging loan application takes just a few minutes to complete, and you will hear about the status of your application within 24 hours. Your application status can be checked at any time through our customer portal, where you can find live updates. If it is approved, then our expert team will appraise your property value to help you determine how much you can loan with Bridgit. After that, you can choose to accept the loan offer by making a small deposit to proceed. As soon as we complete the final verifications, all you have to do is sign the documents electronically, and you'll be able to buy your dream home. There's no rush to pay off your Bridgit loan; you have up to twelve months to pay off your loan using your old property. If you're wondering about 'short term bridging loan', 'bridging loans', or any related question, you can contact our support team. Unlock the potential of your home, and empower yourselves. Let's talk about how you can unlock your property equity today.

A woman wearing headphones and a black shirt.

Aussie based crew

We’re here to help, if you have any questions get in touch.

Weekdays 9am – 5:30pm

1300 141 161

Disclaimer

Eligibility and approval is subject to standard credit assessment and not all amounts, term lengths or rates will be available to all applicants. Fees, terms and conditions apply.

^Comparison rate is calculated on a $150,000 secured loan over a 25-year term. WARNING: Comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in different comparison rates. Comparison rates for interest only loans will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Bridging Loan set up fee is from 0.79% and government charges apply.