Reverse Mortgage Calculator
See What Your Home Could Pay You
A reverse mortgage lets you draw a regular income from your home’s value without selling it or making monthly repayments yourself. Enter your property’s value, the loan-to-value ratio your lender offers, and how long and how often you’d like to be paid – the calculator shows what you could receive, how much interest builds up, and what would be owed at the end of the term. It takes under a minute, and nothing you enter is saved or sent anywhere.
See the Year-by-Year Breakdown
| Year | Balance at start | Paid to you | Interest | Balance at end |
|---|---|---|---|---|
| 1 | 0 | 90,921 | 4,065 | 94,986 |
| 2 | 94,986 | 90,921 | 13,492 | 1,99,399 |
| 3 | 1,99,399 | 90,921 | 23,855 | 3,14,175 |
| 4 | 3,14,175 | 90,921 | 35,246 | 4,40,343 |
| 5 | 4,40,343 | 90,921 | 47,768 | 5,79,032 |
| 6 | 5,79,032 | 90,921 | 61,533 | 7,31,485 |
| 7 | 7,31,485 | 90,921 | 76,663 | 8,99,069 |
| 8 | 8,99,069 | 90,921 | 93,296 | 10,83,286 |
| 9 | 10,83,286 | 90,921 | 1,11,579 | 12,85,785 |
| 10 | 12,85,785 | 90,921 | 1,31,676 | 15,08,383 |
| 11 | 15,08,383 | 90,921 | 1,53,769 | 17,53,072 |
| 12 | 17,53,072 | 90,921 | 1,78,053 | 20,22,046 |
| 13 | 20,22,046 | 90,921 | 2,04,748 | 23,17,716 |
| 14 | 23,17,716 | 90,921 | 2,34,093 | 26,42,729 |
| 15 | 26,42,729 | 90,921 | 2,66,350 | 30,00,000 |
This calculator gives an approximate estimate based only on the figures entered above — property value, loan-to-value ratio, disbursement period, frequency, and interest rate. It doesn't check these against any lender, account for valuation, fees, or insurance, or confirm eligibility. It isn't an offer of credit; the amount, rate, and terms a lender actually offers may differ.
Know What a Lender Would Actually Pay You
Tell us a bit about your property and our RBI-registered lending experts will get back to you with the right reverse mortgage options.