HOME EQUITY & REVERSE MORTGAGE CALCULATOR

Use ASIC's MoneySmart Reverse Mortgage Calculator to help you visualise the potential effects of a Reverse Mortgage on your home equity over time.  

You can access a portion of your home equity as a lump sum, regular payments, or a combination of both. 

A Reverse Mortgage calculator is a great tool for showing possible outcomes, it helps you determine:

• How your loan balance may grow over time and its impact on your home equity.
• The amount you will owe to the lender, the future value of your home, and your future home equity.
• How changes in interest rates and house prices could influence your home equity.

Use the Reverse Mortgage Calculator link below to access the official source for projections required by ASIC for all reverse mortgage applications.

We can do the projections for you.  

We’ll calculate your options and demonstrate how variables such as debt, interest rates, and house prices may impact the equity in your home.