Estimate a planning-level reverse-mortgage borrowing limit from home value.
ENTENEU LA RESPOSTA
Com es calcula això?
This calculator applies the displayed mortgage formula directly to your inputs. It keeps full precision during the calculation and rounds only the displayed result.
Reverse Mortgage formulaEstimated limit = eligible value × principal limit factor
Un exemple pràctic
Using the default example values, the calculator substitutes 500,000 and 45 into the formula. Change the values to model your own scenario.
Resultat calculat
Eligible home value
Estimated principal limit factor
Resultat calculat
$400,000.00
$45.00
$180,000.00
$500,000.00
$45.00
$225,000.00
$600,000.00
$45.00
$270,000.00
Hipòtesis, interpretació i errors habituals
Hipòtesis de càlcul
The values entered for eligible home value and estimated principal limit factor are accurate for the scenario.
Els tipus i els imports recurrents es mantenen constants durant el període representat per la fórmula.
Les comissions, els impostos i les diferències temporals queden exclosos si no s’introdueixen explícitament.
Com interpretar el resultat
Treat the main number as a planning estimate, not a quote, approval or guarantee.
Compare at least a baseline, lower and higher assumption before deciding.
Use the result together with the related mortgage calculators for a broader view.
Errors habituals que cal evitar
Entering a percentage as a decimal when the field expects a whole percent.
Comparing results that use different time periods or omit different fees.
Rounding inputs early or treating an estimated rate as guaranteed.