Ultracold molecules provide fundamental new insights into molecular interaction dynamics in the quantum regime and represent a new platform for chemical physics where quantum behaviors play a dominant role in molecular interaction and dynamics. An electric-field-assisted magnetic trap for trapping and further evaporative cooling of cold molecules to ultracold regime is proposed utilizing the perturbation of the hyperfine levels in a mixed field, and the depth of the trap can be tuned by adjusting the assisted electric field rapidly. Thus, the evaporative cooling of [Formula: see text]I[Formula: see text]Br molecules in the [Formula: see text] state of the rovibronic ground state is simulated. It shows that IBr molecules would be cooled from 26[Formula: see text][Formula: see text]K to 556[Formula: see text]nK within 598.9[Formula: see text]ms and eventually we would obtain a number of [Formula: see text] molecules in a volume of [Formula: see text][Formula: see text]cm3 with the number density of [Formula: see text][Formula: see text]cm[Formula: see text]. The Bose–Einstein condensation of the alkali diatomic molecules would probably be realized in the proposed trap if the present experimentally available samples are loaded.