Reverse Mortgage Rates 2014

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Important Information

Not all providers in the market are included in the comparison.

Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.

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Lender Description Initial Rate Revert Rate Comp Rate LVR Upfront Fees Monthly Fees Annual Fees
Seniors Access Home Loan 80+ Years Of Age 6.90% 6.90% 7.09% 25% $1050.00 $10.00 $0.00
Seniors Access Home Loan 80+ Years Of Age Plus 6.90% 6.90% NA 25% $1050.00 $15.00 $0.00
Seniors Access Home Loan 63 - 69 Years Of Age 6.90% 6.90% 7.09% 15% $1050.00 $10.00 $0.00
Seniors Access Home Loan 63 - 69 Years Of Age Plus 6.90% 6.90% NA 15% $1050.00 $15.00 $0.00
Seniors Access Home Loan 70 - 79 Years of Age 6.90% 6.90% 7.09% 20% $1050.00 $10.00 $0.00
Seniors Access Home Loan 70 - 79 Years of Age Plus 6.90% 6.90% NA 20% $1050.00 $15.00 $0.00
Seniors Equity Release 6.74% 6.74% 6.78% 25% $695.00 $0.00 $0.00
Equity Unlock Loan for Seniors - Age 75-79 7.05% 7.05% 7.16% 30% $950.00 $12.00 $0.00
Equity Unlock Loan for Seniors - Age 70-74 7.05% 7.05% 7.16% 25% $950.00 $12.00 $0.00
Equity Unlock Loan for Seniors - Age 65-69 7.05% 7.05% 7.16% 20% $950.00 $12.00 $0.00
Equity Unlock Loan for Seniors - Age 80-84 7.05% 7.05% 7.16% 35% $950.00 $12.00 $0.00
Equity Unlock Loan for Seniors - Age 85+ 7.05% 7.05% 7.16% 40% $950.00 $12.00 $0.00
Accommodation Bond Loan 6.70% 6.70% 7.80% 45% $363.000 $0.00 $0.00
Reverse Mortgage 6.70% 6.70% 6.74% 45% $363.000 $0.00 $0.00
Seniors Access Home Loan 70 - 79 Years of Age Plus 6.99% 6.99% NA 20% $1050.00 $15.00 $0.00
Seniors Access Home Loan 70 - 79 Years of Age 6.99% 6.99% 7.18% 20% $1050.00 $10.00 $0.00
Seniors Access Home Loan 80+ Years Of Age 6.99% 6.99% 7.18% 25% $1050.00 $10.00 $0.00
Seniors Access Home Loan 63 - 69 Years Of Age 6.99% 6.99% 7.18% 15% $1050.00 $10.00 $0.00
Seniors Access Home Loan 80+ Years Of Age Plus 6.99% 6.99% NA 25% $1050.00 $15.00 $0.00
Seniors Access Home Loan 63 - 69 Years Of Age Plus 6.99% 6.99% NA 15% $1050.00 $15.00 $0.00

Product information current as of 17-Sep-2014

Note: Comparison Rate based on loan of $150,000 over a 25 year term. Conditions apply and fees and charges may be payable.

WARNING: The Comparison Rate applies only to the example or examples given. Different amounts and terms will result in different Comparison Rates. Costs such as redraw fees or early repayments fees, and costs savings such as fee waivers, are not included in the Comparison Rate but may influence the cost of the loan.

Whilst all care has been taken in the preparation of repayment schedules, graphs and other loan details and estimates of fees, no responsibility will be held for their reliability. We recommend that all loan details and fee estimates be confirmed with the appropriate Lender(s), Government Department and/or your legal representative prior to you making a decision on whether to proceed with a loan.