Enter the amounts below, the table in the calculator updates in real time:

Roughly how much is your home worth (just an estimate)? *

The minimum with most lenders is $250,000

How much do you think your home will grow over time?

his should be the long-term growth rates - ignore what's happening right now or happened in the past 5-10 years. To be realistic, the minimum is 3% with a maximum of 6%. I recommend using 4% as a solid long term growth rate.

3% 4 5 6%

How much are you considering taking as a reverse mortgage? *

The minimum with most lenders is $25,000. This also should be 10% to 55% of your home's value as a maximum.

What reverse mortgage rate do you think is right?

Don't use the current interest rates (they may be lower or higher than long-term rates) - over time (in the long run - 10 to 20 years), it's likely rates will be average out to around 5% to 8% - so I recommend using 6.5%.

5% 5.75 6.5 7.25 8%

What is the age of the youngest homeowner or spouse?

Both homeowners and spouse should be 55 to qualify for a reverse mortgage.

55 Years Old100 Years Old

Year	0	5	10	15	20
House Price	$0	$0	$0	$0	$0
Reverse Mortgage	$0	$0	$0	$0	$0
Home Equity	$0	$0	$0	$0	$0

Please note the amount you can actually borrow is limited by several factors and may not be the full 55%. See this article for more information.

Based on the age of the youngest applicant, you would qualify for 12% to 30% of your home's value - so I recommend ensuring the amount you have chosen is in this range.

This is just an estimate used for illustrative purposes only - actual home growth rates & interest rates will vary