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Home - Real Estate Loans - Retirement Mortgage - Loan Calculator
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LOAN SUMMARY
Your Private Loan
Based on the terms you entered, your planning horizon is 0 years and your loan amount is $0.
See the principal and interest breakdown below, and then click the "detailed view" tab for the full payment schedule
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Total payments to borrower |
$0 |
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Detailed view |
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| Total accrued interest |
$0 |
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Total loan amount |
$0 |
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Your Loan-to-Value (LTV) Ratio
Before you finalize your loan terms, check how the ending loan amount will likely compare to the ending home value. Experts agree that a reverse mortgage LTV of 70% is desirable, and recommend it not exceed 90%. See your LTV below, and then click the ''more info'' tab for ways to adjust it.
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Ending loan value |
$0 |
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| Ending property value* |
$0 |
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| Loan-to-value ratio (LTV) |
0
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Adjusting terms to change your LTV
Use the results below to help you revise your loan terms. Enter new terms and click ''Calculate'' to see the results.
To achieve a loan-to-value ratio of 70%, use the following terms:
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Payment Amount |
$0 |
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| Interest Rate |
0% |
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To achieve a loan-to-value ratio of 90%, use the following terms:
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Payment Amount |
$0 |
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| Interest Rate |
0% |
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*This value is calculated using the property value you entered, an appreciation rate of 3%, and the planning horizon that your ages represent, |
Your Total Annual Loan Cost (TALC)
The TALC on this loan is 0%*. Use this figure to compare our private reverse mortgage product with others you may be considering.
*Based on our loan cost of $2,499 and $9 per payment |
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