About this Calculator
Reverse mortgage allows senior citizens (60+) to convert home equity into regular income without selling the house. This calculator estimates monthly payout based on property value, interest rate, and tenure.
Input Parameters
- Property Value:Enter a value between ₹1000000 and ₹100000000
- Interest Rate (%):Enter a value between 8% and 12%
- Loan Tenure (Years):Enter a value between 5yrs and 20yrs