Reverse Mortgage
A reverse mortgage allows you to borrow against equity you have in your home while you live in it.
Term: | yrs |
Current home value: | |
Initial lump sum: | |
Required payment each month: | |
Monthly fees: | |
Upfront costs: | |
Interest rate: | % |
Assumed increase in home value: | % |
Show Mortgage at: | yr |
Initial Mortgage | |
% of current home value | |
Equity falls to zero at | |
At year | |
Mortgage debt | |
Equity remaining | |
Value of home |
Please note: these calculators are only estimates and should be used only as a guide.
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