Reverse Mortgage - Regular Payments, Repayment at Term

Originating in the USA, the reverse mortgage reverses the principle of a loan: A series of regular, fixed payments are repaid in a single lump sum at the end of the term, along with the accrued interest. As with a loan, a mortgage often serves as collateral. Unlike a loan, however, the outstanding amount increases over time, making the risk significantly more difficult to assess. Consequently, the loan-to-value ratio (the proportion of the property's value that is financed by the loan) is usually considerably lower.

Essentially, it's a form of reverse mortgage. Unlike the life annuity common in Europe, with a reverse mortgage, ownership of the property does not transfer to the lender. Depending on the agreement, the loan becomes due after a specific period, upon moving into a nursing home, or upon the borrower's death. More information on Life Annuity


Reverse Mortgage Calculator
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Payment Periods
Annual Interest Rate
Number of Installments
Payout (Annuity)
Initial Capital
Interest:
Capital without Interest
Final Capital (incl. Interest)

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Anleitung zum Reverse Mortgage Rechner

Depending on the input, the reverse mortgage calculator calculates the following:

  • The amount of the payout (annuity) given the interest rate, term, and repayment amount (principal and interest)
  • The repayment amount (principal and interest) given the annuity, interest rate, and term
  • The interest rate given the annuity, repayment amount, and term
  • The term given the annuity, repayment amount, and interest rate.

After entering the data, click 'calculate'. The desired value will be calculated.

  • Payment Method: Depending on whether the pension is payable monthly, quarterly, semi-annually, or annually, select the payment method. Please note that the interest rate always refers to an annual figure, regardless of the payment method selected.

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