Reverse Mortgage Legacy Inheritance Estimator
- By Jim Blackburn
- on
- Tags: Calculators, New Construction, Spec Homes
Estimate What You’ll Leave Behind—While Living Fully Today
A reverse mortgage isn’t just about creating cash flow for retirement—it’s also about preserving your independence and leaving a meaningful legacy. This calculator helps you estimate how much income you could receive over time, how your home’s value might grow, and how much equity your heirs could inherit.
Basic Inputs
| Detail | Value |
|---|---|
| Age at Start of Reverse Mortgage | 75 |
| Age at End of Reverse Mortgage | 95 |
| Starting Loan Balance | $100,000 |
| Estimated Starting Home Value | $500,000 |
| Annual Home Appreciation Rate | 3% (conservative estimate) |
Income & Inheritance Estimate
| Description | Amount |
|---|---|
| Monthly Reverse Mortgage Income | $556 |
| Annual Income | $6,675 |
| Total Income Over 20 Years | $133,500 |
| Home Value After 20 Years (Projected) | $903,056 |
| Estimated Reverse Mortgage Balance | $772,933 |
| Projected Inheritance (Equity to Heirs) | $130,123 |
Note: All estimates assume a 3% home appreciation rate and standard reverse mortgage terms. Actual results may vary.
Financial Impact of Choosing a Reverse Mortgage
| Benefit | Result |
|---|---|
| Total Cost of Living Covered by Reverse Income | $236,377 |
| Mortgage Payments Made by You | $0 |
| Rent Paid Over 20 Years (If Renting Instead) | Likely $400,000+ |
| Stable Housing with No Monthly Payment | ✔️ |
| Equity Left for Heirs | $130,123 |
Bottom Line: You Lived Well and Left Well
By choosing a reverse mortgage, you were able to:
- Stay in your own home without the burden of monthly payments
- Receive consistent, reliable income for living expenses
- Avoid unpredictable rent increases and landlord risks
- Leave behind over $130,000 in equity to your heirs
All while maintaining complete ownership and financial control of your property.
Are Your Legacy Plans Fully Aligned?
Do you already have a living trust or estate plan in place?
If not, consider connecting with one of our trusted partners to:
- Establish a living will and trust
- Protect your heirs from probate
- Ensure your values and vision carry on for generations
Ready to Estimate Your Legacy?
A reverse mortgage can help you live more comfortably now while preserving equity for those you love. Whether you’re exploring options or ready to start, we’ll guide you through every step.
Get a Reverse Legacy Quote
Ready to Take Your First Step?
Skip the guesswork. Take our quick Discovery Quiz to uncover your top financial priorities, so we can guide you toward the wealth-building strategies that fit your life.
- 💡 Takes just 5 minutes
- 📊 Tailored results based on your answers
- 🔒 No credit check required
Need a Pre-Approval Letter—Fast?
Buying a home soon? Complete our short form and we’ll connect you with the best loan options for your target property and financial situation—fast.
- 💡 Only 2 minutes to complete
- 📊 Quick turnaround on pre-approval
- 🔒 No credit score impact
Got a Few Questions First?
Let’s talk it through. Book a call and one of our friendly advisors will be in touch to guide you personally.
Schedule a CallImportant Disclaimer
This calculator is for illustrative purposes only and does not constitute financial, legal, or investment advice. Results are based on general assumptions and may not reflect actual performance or eligibility. This is not a loan estimate or approval. Please consult with a licensed mortgage advisor before making financial decisions.
