Reverse Mortgage Calculator
Estimate your reverse mortgage borrowing power.
Based on Equitable Bank's published Flex Lite and Flex reverse mortgage tables. Honest range, honest projection — no rate promises.
If you're a BC homeowner 55 or older, this calculator gives you a range — what you could potentially borrow today, and how the balance grows over time when no monthly payment is made. The amounts mirror Equitable Bank's published reverse mortgage tables for your city and age. It's an estimate, not a commitment to lend.
Your numbers
Your best estimate of current market value
Both partners' ages matter — lenders use the younger one
Equitable Bank prices by city — pick where the home is.
Leave at $0 if your home is paid off
Adjust assumptions
Your estimate range
You could potentially borrow
$340,000—$400,000
Based on age 65, Vancouver West — Equitable Bank Flex Lite to Flex range.
Balance over time
At year 20 at 6.8% rate, the balance grows to about $1.32M–$1.55M.
This is an estimate, not a commitment to lend. Actual amounts depend on lender, product, and approval. Reverse mortgage interest accrues and compounds — home equity decreases over time.
He'll look at your situation directly and email you back.
John Lim · Submortgage Broker # 503558 · Blanca Lending / Dominion Lending · BCFSA-licensed. This page is general education, not financial, legal, or tax advice.