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Senior Life

Reverse Mortgage Examples

Example #1 - Mike & Doris Homeowner 1
Age:

Home Value:

Location:

Mike 81 & Doris 75

$250,000

Seattle, WA

Mike & Doris would receive either a lump sum payment or a credit line of $168,000; or monthly income of $1,100 for as long as they live in their home.


Example #2 - Bill & Jane Homeowner 2

Age:

Home Value:

Location:

Bill 74 & Jane 70

$150,000

Vancouver, WA

Bill & Jane would receive either a lump sum payment or a credit line of $92,000; or monthly income of $550 for as long as they live in their home.


Example #3 - Beverly Homeowner 3

Age:

Home Value:

Location:

Beverly 80

$200,000

Portland, OR

Beverly would receive either a lump sum payment or a credit line of $143,000; or monthly income of $1,045 for as long as she lives in their home.

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