Find Out How Much You Can Borrow in Retirement
Planning for a more comfortable retirement? Our Reverse Mortgage Calculator helps homeowners aged 60 and above in Dapto, Shellharbour, Wollongong, Albion Park, and Figtree estimate how much equity they can unlock from their property without selling their home.
Step 1: Estimate Your Borrowing Power
The calculator provides a maximum borrowing amount based on your property value and the age of the youngest borrower. For instance, a 65-year-old homeowner with a property valued at $700,000 could access up to $175,000.
Step 2: Choose How You Receive the Funds
Whether you need a one-off lump sum, regular monthly payments, or both, tailor your reverse mortgage to meet your lifestyle needs. In our sample scenario, a $105,000 lump sum was selected.
Step 3: Understand the Long-Term Impact
With interest rates, property growth, and upfront costs factored in, the calculator reveals how your loan-to-value ratio (LVR) and equity change over time. A helpful chart shows when equity may reduce to zero.
Start Exploring Your Options Today using the Reverse Mortgage Calculator to take control of your retirement plans.
Disclaimer: Results are estimates and should not replace professional financial advice.
Reach Us
- clinton@reallendingsolutions.com.au
-
PO Box 445
Dapto NSW 2530 -
Suite 3/10 Beverley Ave
Warilla NSW 2528 - 0414 666 015
- 0482 076 071
- Mon - Sun : 8AM - 8PM
- ABN: 12 646 353 559
