Solution · Access equity before a near-term sale.

Bridge Loan

A bridge loan is short-term financing against the home you intend to sell. It may make some equity available for the next down payment, closing costs or other purchase needs.

The useful distinction.

It can move equity forward in time, but it also adds debt and costs.

A few things matter.

Qualification may include both homes and bridge debt, along with other obligations.
Compare upfront costs, interest, maturity and the payoff plan.
Some structures accrue interest instead of requiring initial monthly loan payments. This varies; taxes, insurance and other costs remain.

Could I use a smaller down payment instead?Compare accessing equity now with bringing it over later.What determines whether this fits?Start with your equity, cash and sale timing.

I’m getting confused by all these options.