Reverse Mortgage Calculator

Get an indication of how much you may be able to borrow.
Reverse Mortgage Calculator
Age
70
75+
The estimated home value is
$250,000
$800,000
You could borrow up to:
$31,000
Based on 20% LVR from 70 years of age to a maximum of $150,000 with a Lifestyle CAPITAL Land Lease Home Loan.
Please call to discuss how your loan could be structured based on the approved loan purposes.
* Loan Purposes:

Here are the approved loan purposes for a Lifestyle CAPITAL land lease loan, limits apply.

  • regular advance for day to day expenses;
  • home improvements*;
  • buy a personal asset (e.g. car or caravan)*;
  • medical expenses*;
  • pay off debt*;
  • and/or purchase a new land lease home.

* Limits apply: no more $20,000 as a lump sum payment.
Repayment options:

You will be required to pay your $10 monthly account keeping fee, however you have the flexibility to choose if you want to pay interest, principal and interest (or portion of) or to capitalise the repayments and repay when your home is sold.

Future home equity projections

For future home equity projections on a Lifestyle CAPITAL land lease loan please refer to ASIC's Moneysmart Reverse Mortgage Calculator.

Click on the link above to ASIC's Moneysmart Reverse Mortgage Calculator, then select Land Lease Home Loans - Lifestyle CAPITAL (land lease only) from the Lender menu on right side and fill in the form to be provided with 5, 10 and 15 year projections. Please don't hesitate to give us a call to assist on 1300 555 626.

IMPORTANT NOTICE: This information has been prepared without taking account of the needs, objectives, or financial situation of any particular individual. Applicants should consider their own circumstances and, if necessary, seek professional advice. Applications are subject to loan approval criteria. Terms, conditions, fees and charges apply.

Land Lease Home Loans Pty Ltd ACN 642 684 053 is a Credit Representative 527929 of Mortgage Direct Pty Ltd ACN 075 721 434 Australian Credit Licence 391876.