Reverse Mortgage Calculator
Estimate the regular income you could receive from a reverse mortgage on your home.
Reverse mortgages typically cap the loan-to-value ratio at 50-60% of appraised home value in India, with interest accruing on the outstanding balance since no monthly repayment is required.
Monthly payout
₹14,426
Loan cap
₹55,00,000
Against a home worth ₹1,00,00,000, you could receive approximately ₹14,426/month for 15 years, while continuing to live in your home.
How this calculator works
A reverse mortgage lets you convert home equity into a regular income stream while continuing to live in your home — interest accrues on the growing loan balance instead of you making monthly repayments, with the loan settled from the eventual sale of the property.
Worked example: a home worth ₹1 crore with a 55% loan-to-value ratio gives a loan cap of ₹55,00,000, which — spread over 15 years at 9% interest — could provide approximately ₹14,426 per month in payouts.