Reverse Mortgage Calculator
I discover a lot of calculators, but I want to actually construct my own so I can make it fancy with sliders to balance among lump-sum payout and monthly payments and equity line. Any person know? Thanks a lot!
Answer by oracle
Go to hughchou.org with your question. He’s such a good guy he’ll tell you how to do it, assuming you have the skills, or he’ll truly do the work for you. He accepts donations, btw.
Tables are worth LESS for this purpose than not having a clue. If formula is EXACTLY the same as for ANY loan. If you can’t figure out how to apply it without our help, you are not qualified to build the calculator you propose.