Reverse Mortgage Calculator
These loans can be an absolute lifesaver for certain borrowers but they are a double edged sword and need to be handled the right way. Reverse Mortgages aren’t given out without you first getting some solid legal and financial advice. Just for fun, click the “Amortisation” button below to see how the loan balance changes in the first few years. This calculator assumes you make no repayments to it ever. Also, click the “Assumptions” button below for further detail.