Age:

Mary 73 & John  75

Home value:

$290,000

Location:

Long Beach, CA

Equity:

$290,000

Mary & John would receive a lump sum payment or a credit line of $191,521 or monthly income of $1120.

Example #2 - Mike & Jan Spencer

Age:

Mike 69 & Jan 70

Home value:

$170,000

Location:

Dallas, TX

Equity:

$170,000

Mike & Jan would receive a lump sum payment or a credit line of $103,538 or monthly income of $572.

Example #3 - Jane Smith

Age:  

Jane 83

Home value:

$100,000

Location:

Oklahoma City, OK

Equity:

$100,000

Jane would receive a lump sum payment or a credit line of $71,684 or monthly income of $535.