Information is crucial if you are considering a reverse mortgage loan and that includes understanding a reverse mortgage calculator and how it can work for you.
Paul will give you an example of your loan worked out on the ASIC reverse mortgage calculator, finding the best combination of variants that
are available to you
and
that will give you the best solutions.
Paul’s calculations will project the likely results based on key variables including:
Your home’s current value
Your home’s capital growth rate
The interest rate of the reverse mortgage loan
Your age
Overall loan term
You can learn more about the following key information about your home equity loan:
The amount you owe to the reverse mortgage lender
Your home’s future value
Your future equity in your home
You can send Paul the inputs for him to use in the reverse mortgage calculator. He can then work with you in creating the best outcomes from the perspective of your own goals, needs and financial situation, along with the best reverse mortgage variables to provide a solution personalised to your situation.
Click the button below to access the guided inputs …