Reverse Mortgage

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Mortgage details

Created with Highcharts 4.0.4AmountReverse MortgageHome ValueEquity RemainingMortgage Debt20222024202620282030203220342036203820402042204420462048205020522054$0$500 K$1.0 M$1.5 M$2.0 M$2.5 M

Results

  1. Total initial mortgage $135,000.00
  2. Initial mortgage as % of home value %19.29
  3. Equity falls to zero at > 35 years

Disclaimer: These calculations are intended to provide indicative results only which do not constitute financial advice.

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