Amortization Schedule
View a detailed year-by-year breakdown of how your reverse mortgage balance grows alongside your home value. Interest compounds semi-annually per Canadian law.
Amortization Inputs
This amortization schedule is for illustrative purposes only. Interest is calculated using semi-annual compounding (A = P(1 + r/2)^(2t)) as required under the Canadian Interest Act. Home appreciation is estimated and actual values will vary. All Canadian reverse mortgages include a no-negative-equity guarantee — you will never owe more than the fair market value of your home. Consult a licensed mortgage broker for personalized advice.