Estimate how reverse mortgage interest and future property appreciation may affect home equity over time.
Applicant information remains in the browser and is used only for the on-screen and printable projection. This plugin does not save applicant data.
With two applicants, the younger applicant's current age is used as the projection starting age.
Assumes no principal or interest payments are made. Actual lender fees, compounding conventions and future rate resets can change the mortgage balance.
| Age | Home Value | Annual Appreciation | Mortgage Balance | Annual Interest | Cumulative Interest | Actual Equity | Equity Without Interest | Equity Reduction From Interest | LTV |
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Rates shown here are entered by Sunlite Mortgage in the WordPress backend and can be updated at any time.
Rates and products are subject to change. Displayed rates may not be available to every borrower and qualification depends on lender criteria, property, age and other factors.
Sunlite Mortgage can help compare the projected cost, future equity position and available reverse mortgage options before you make a decision.
Discuss Your Reverse Mortgage OptionsThis calculator is an illustration only and is not a mortgage approval, commitment, appraisal or guarantee of future property values. Property appreciation and future mortgage rates are assumptions. Confirm the lender's actual contract terms, fees and rate-reset provisions before relying on the results.
