Reverse Mortgage Calculator

Find out how a Heartland Seniors Finance Reverse Mortgage could work for you

First, work out how much you could borrow

Number of borrowers

One Two

Age of First Borrower

Minimum age 60

Age of Second Borrower

Minimum age 60

Home Value

Minimum property value $250,000

Do you want to protect a portion of the equity in your home?

Yes No

How much of your home equity would you like to protect?

Maximum 50%

You may be able to borrow up to this much*:

*This calculation does not constitute an approval but provides an indicator of maximum possible entitlement. Applications for a Heartland Seniors Finance Reverse Mortgage are subject to our normal loan approval criteria, which includes a valuation. Full terms and conditions will be included in any loan offer.

Next, decide how much you would like to borrow

Use ASIC's Money Smart Reverse Mortgage Calculator to provide an illustration of the impact of your Heartland Seniors Finance Reverse Mortagage on the equity in your home.

The reverse mortgage calculator helps you work out:

How much your debt will increase over time and what this means for the equity in your home
How changes in interest rates and house prices could affect the equity in your home

Money Smart Calculator

Research

Review further information regarding Heartland’s loan to decide on the loan structure and ensure you are comfortable with the loan.

Reverse Mortgage Documents

Then, if you are ready to take out a Reverse Mortgage with Heartland, start your application

Heartland wants to make it easy for you to arrange a Reverse Mortgage that could help you to enjoy a better retirement. Click the button and answer a few simple questions to see if you are eligible and start your application.

Apply here