Reverse Mortgage Calculator
A.S.A.G. Reverse Mortgage Calculator
How much available equity do you have access to? Calculate your potential equity release amount based on your age and property value by using ASAG’s Reverse Mortgage Calculator.
This calculator is designed and available for you to see if a reverse mortgage is the right decision for you and your requirements. It will let you use a range of scenarios of estimated property value to provide an estimate on available equity.
Assess scenarios to see the effect of interest rate and home value estimates on your home equity.
Print the results.
MoneySmart Reverse Mortgage Calculator
ASIC’s MoneySmart Reverse Mortgage Calculator will provide you a estimated projection of the effect of an A.S.A.G. Reverse Mortgage against the equity in your property over a 5, 10 and 15 year period.
This calculator from MoneySmart is a great way to consider if a reverse mortgage is the right decision for you as it will help and show an estimate of:
- How much you may have to pay at the end of the loan assuming you make no repayments, and what this looks like against the equity in your property.
- How different scenarios of changes in property prices and interest rates change your loan total and how this looks against the value of your property.
Frequently Asked Questions
Yes, you can change the values within both calculators to fit the requirements of your particular circumstance. It’s important that you get the right answers for your individual circumstance.
Yes, you can use the reverse mortgage calculator on your phone. There will be a lot of information presented to you depending on what calculator you use, so it is also important you consider your device and can digest the calculators output.
The calculator doesn’t allow you to enter ages younger than 55 as most lenders don’t offer a reverse mortgage to people under this age.
If you are experiencing issues using either calculator, contact A.S.A.G. so that we can assist. Either via phone on 1300 002 724 of our email info@asagfirst.com.au.
The most that you can borrow will need to be determined by a complete assessment which will consider your property value, your age as well as your personal circumstances through an application assessment. However, the best way to get an estimate to see if a reverse mortgage is the right decision for you is to contact A.S.A.G. on 1300 002 724, email info@asagfirst.com.au, or use the A.S.A.G. Reverse Mortgage Calculator today to determine your potential property equity release.
What People Say About Us
I have been absolutely thrilled with not just the professional service offered by ASAG but also by their kindness and understanding. Compared to two other major Reverse Mortgage companies who between them took 13 months to decline my application due to me living in a resort I have found Gavin Luka at ASAG extraordinary in his patience with any amount of questions which were answered so promptly and in full. A very happy life ahead.
Kathy on Trustpilot
22 Mar 2022
We are very happy to “highly recommend” Gavin Luka for providing his thoughtful, empathetic, personable yet professional service during the acquisition of loan process. Gavin’s ability to ‘make it happen’ in a calm, seamless manner at a very stressful time for us – meant a lot.
Thankyou Gavin, what a ‘star’. Blessings to you
ASAG are very fortunate to have you on their team. Well done.
Carol Fleming on Trustpilot
9 Mar 2022
This was a very pleasant experience
This was a very pleasant experience. Plenty of guidance given along the way. Some anxiety but now looking back nothing to be concerned about. Thank you Gavin and his team.
Sandra Phillips on Trustpilot
7 Mar 2022
dealing with paul and gavin extremely easy
dealing with paul and gavin was extremely easy and also very pleasureable. if taking out a reverse mortgage i would reccomend asag to anyone.
Bob Manskie Manskie on Trustpilot
7 Mar 2022
I have used this company very recently and especially Gavin.He was so helpful in every way and talked me through everything that I needed to do.He was so polite , understanding and gentle with this gal as I was sick at the time but he just explained it all step by step and made the whole procedure as painless as possible though it wasn’t as easy a procedure as I’d hoped.They always answered the phone promptly and if Gavin wasn’t immediately available he’d always ring back very promptly.I can assure you this company is so easy to deal with.
Heather on Trustpilot
7 Mar 2022