Reverse Mortgage Calculator
Our mission at Safe Harbor Capital Group is to deliver the most appropriate and competitively priced product available to our clients with an unsurpassed level of service. The members of our
company bring education, knowledge and integrity into our process that builds trust and value with our clients.
Comparison of Reverse Mortgage vs. Home Equity Loan

Assumptions:
Home Value: $500,000
Existing Liens: 0
Age of Youngest Owner: 72

   
Monthly Payment
Monthly Income
 
Loan Amount
Owed to Lender*
Home Equity Loan
$223,000
$1,440.20
0
 
0
Reverse Mortgage
$223,000
0
$1,443

*Monthly Home Equity Loan is an interest only payment based on the Prime Rate, which is currently 7.75%.

The following representation is for informational purposes. Rates and terms are subject to change without notice.

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