Reverse Mortgage Calculator
Estimate the monthly income a senior citizen can receive against a self-occupied home through a reverse mortgage, while continuing to live in it.
Your property
₹1,50,00,000
%
Lenders allow ~60% → ₹90,00,000
yrs
15 years of monthly payouts
%
10.00% per annum
Monthly income you receive
₹21,714
For 15 years
- Eligible loan value
- ₹90,00,000
- Monthly payout
- ₹21,714
- Total received over tenure
- ₹39,08,603
A reverse mortgage lets senior citizens (60+) draw a regular income against a self-occupied home while continuing to live in it. The loan is settled later from the property; the payout you receive is generally tax-free. Terms vary by bank.