See What’s Possible
That’s money you can use for bills, repairs, or simply breathing room – all while staying in the home you love.
Good news - based on what you entered, you may be able to borrow up to
That’s money you can use for bills, repairs, or simply breathing room – all while staying in the home you love.
You remain the owner of your home for life. No monthly repayments required while you live there.
For a government calculator, see ASIC’s MoneySmart tool
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ASIC’s MoneySmart Reverse Mortgage Calculator
We want you to feel fully informed. That’s why we encourage you to also use the ASIC MoneySmart Reverse Mortgage Calculator. It’s an independent government tool that helps you understand how a reverse mortgage could affect the equity in your home over time.
With the MoneySmart calculator, you can see:
- How the amount you owe may grow over the years, and what that means for the equity you keep in your home.
- How changes in interest rates and property values might influence your future equity.