What does this bridge cost, and for how long?
Each guide answers one real question that comes up when you are buying before you sell. If you already have your numbers, the calculator on the home page will give you a verdict in about a minute.
I have to buy before I sell. What does bridging finance cost me, and what belongs in the number?
The cost is not one figure. It is daily interest on the amount you bridge, plus establishment fees, plus stamp duty and legal costs you are carrying anyway. People quote the interest alone and are surprised by the total.
Read the guideHow many months can a bridging loan run, and what happens if my sale takes longer?
Bridging finance is priced for months, not years. Interest accrues daily, most facilities are priced with a time limit in mind, and the moment your holding period stretches, the cost curve turns sharply against you.
Read the guideWhy is my bridging amount higher than I asked for? And which fees are one-off versus ongoing?
Establishment fees and valuation, legal and inspection costs often get added to the amount being financed, which means you pay interest on them too. That is why the number you borrow and the number you costed can be different.
Read the guideThese questions are queued. Each one is a real thing owners ask us.
Do I need equity in the property I am buying, or is the equity in the one I am selling enough?
A bridging facility is usually secured on the property being purchased, so the lender is relying on that asset. How much equity you hold in the property you are selling changes the structure, not just the price.
My buyer pulled out after I settled. What actually happens now, and is there a second facility?
The interest does not stop, the fees may not have been waived, and a rollover is a new approval with a new price rather than an extension of the old one. This is the failure point most people meet first.
Is there a point where I should just sell first and buy second, even if it costs me the property I want?
Bridging solves a timing problem, not a budget problem. If your total cost crosses a few percent of the purchase price, or your timeline keeps sliding, the honest answer is often that the sequencing is wrong rather than the finance.
If your situation does not fit any guide above, put your numbers through the calculator and send the result to a licensed mortgage broker for a free review.
bridgingloan.help provides general information about bridging finance for an Australian property purchase. We are not a lender, credit provider or credit broker, and we do not hold an Australian Credit Licence or an Australian Financial Services Licence. Nothing here is personal financial advice, a credit approval, a rate offer or a recommendation to use any lender or broker. Check your own contract and any written quote before deciding, and talk to a licensed mortgage broker.