0433 097 472


Reverse Mortgage Calculator

Are you 60 years or over & thinking to use your home equity for retirement living without selling your home? Find out how much your loan will grow to be and how much your estate will have left after paying back the loan when the house is sold. Use this calculator to find out how much you may be able to borrow against your home & the impact of taking the different payment options i.e. lump sum amount, monthly payment or combined.


Have any questions, talk to one of our experienced finance broker. Please fill in one of our contact us form or call us on 1300 551 334. One of our experienced finance brokers will happily assist.



Frequenly Asked Questions

What are the requirements

for getting a home loan?

Maximum loan you can borrow is 97% of property value. So you will need 3% of purchase price plus costs. e.g. Stamp Duty, Lenders Mortgage Insurance, Bank Fees, Legal Fees etc.  Find out in Detail>>




Every lender & bank has their own borrowing capacity calculator. Which will take account of your income, living expenses, credit card limits & all other financial commitments to

calculate how much maximum they can lend you. Find out in Detail>>


How much money can I borrow

from the bank?

How much money should I have in the begining to buy home?

Generally speaking, regular income, good credit history & enough saving for 3% deposit of purchase price plus costs e.g. stamp duty, lenders mortgage insurance, legal fees etc. is the  key requirement to get a home loan approved. Find out in Detail>>




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