rewindmortgage.ca

How Much Could You Access?

Use our calculator to estimate how much equity you could unlock from your home — with no monthly payments required.

Reverse Mortgage Estimate

Answer a few questions about your home to see your estimated range.

Please select your age range.

Minimum value: $150,000

Please enter a home value of at least $150,000.

Please select your property type.

Please select your location type.

Enter $0 if your home is fully paid off.

How Would You Like to Access Your Funds?

Minimum initial draw: $25,000

Please enter at least $25,000.

Monthly allowances range from $1,000 to $2,000 per month

Please enter between $1,000 and $2,000.

Based on your qualification, there may not be enough room for a monthly allowance after your lump sum and existing mortgage. Contact us at 289-312-6333 to explore options.

Rates used for illustration: ~6.64% (lump sum, 5-yr fixed) and ~7.36% (monthly allowance, variable). Rates vary by lender and product. As of March 2026.

Note: The minimum initial draw for a reverse mortgage is $25,000. Your estimate may be close to or below this threshold — speak with us to explore your options.

Your Estimated Access Amount

$0 – $0

Estimate Breakdown

Home Value —
LTV Range —
Gross Amount —
Less Existing Mortgage —
Net Access (Low) —
Net Access (High) —

How Your Equity Could Change Over 10 Years

Home appreciation based on CREA 15-year national average (5.4%) and conservative estimate (3.0%). Mortgage balance assumes compound interest at typical reverse mortgage rates. For illustration only.

Home Value (5.4% CREA Avg.)
Home Value (3.0% Conservative)
Mortgage Balance (accruing at ~6.70% interest)
Remaining Equity

What Does This Mean for You?

  • Based on historical appreciation, your home equity is estimated to remain preserved or grow over time — even after accounting for the accruing mortgage balance.
  • Even under a conservative 3% growth scenario, the gap between your home's value and your mortgage balance is projected to remain substantial after 10 years.
  • Reverse mortgages are designed so you are never required to make monthly payments. The loan is only repaid when you choose to sell or move. All major Canadian lenders guarantee you will never owe more than the fair market value of your home.

These projections are estimates only and assume a single lump-sum draw. Actual results depend on future home values, interest rates, and loan terms. If less than the maximum is drawn, or a monthly allowance is chosen, the accruing balance will differ. Past appreciation does not guarantee future results. Speak with a licensed mortgage professional for personalized advice.

Get Your Personalized Equity Report

Receive your detailed personalized equity report as a PDF — including your full lender comparison, lump sum vs. monthly income breakdown, 10-year equity projection, and next steps. Delivered straight to your inbox.

We respect your privacy. No spam — just your personalized report and a note from Peter.

Stay in Your Home

A reverse mortgage lets you access up to 59% of your home's value while you continue living in it. No need to move or sell.

No Monthly Payments

Unlike a traditional mortgage, you never need to make monthly payments. The loan is repaid when you sell or move out.

Tax-Free Funds

The money you receive is tax-free and won't affect your Old Age Security (OAS) or Guaranteed Income Supplement (GIS) benefits.