Use the reverse mortgage calculator below to know your indicative monthly payout amount.
Information generated by the calculator is for reference and illustration purposes only.
Monthly Payout & Lump Sum Amount
How do we determine the monthly payout?
Pay out amount of the loan depends on:
- Borrower’s age.
- In a joint reverse mortgage loan, the age of the youngest borrower will be used.
- Property value, location and type.
How to get a higher payout amount?
- The older the age of the borrower, the higher the monthly pay out amount.
- The higher the property value, the higher the monthly pay out amount.
