File:Forward-reverse-mortgage2025.png
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Summary
Graphs showing hypothetical home value (2% yearly increases, starting from $500k), loan balance, and home equity over time, for a forward (conventional) mortgage and a reverse mortgage, both over 25 years. The forward mortgage has yearly payments (for simplicity) with 4% interest, and a down payment of 20% (initial amount borrowed: 80% of home value). The reverse mortgage has a 6.5% interest rate, with yearly compounding (for simplicity), and is a taken as a lump sum representing 30% of the initial home value.
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| Date/Time | Thumbnail | Dimensions | User | Comment | |
|---|---|---|---|---|---|
| current | 10:57, 12 October 2025 | | 476 × 653 (26 KB) | Quebec (talk | contribs) | Graphs showing hypothetical home value (2% yearly increases, starting from $500k), loan balance, and home equity over time, for a forward (conventional) mortgage and a reverse mortgage, both over 25 years. The forward mortgage has yearly payments (for simplicity) with 4% interest, and a down payment of 20% (initial amount borrowed: 80% of home value). The reverse mortgage has a 6.5% interest rate, with yearly compounding (for simplicity), and is a taken as a lump sum representing 30% of the i... |
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