Reverse mortgage calculator - Homeowner

Why Equitable Bank?

Rest assured that you’ll never owe more than the fair market value of your home.*

If you see a better reverse mortgage rate posted elsewhere in Canada, we'll beat it.**

Feel secure knowing we’re a trusted bank with over 50 years serving Canadians.

REM - Subject to borrowers meeting their mortgage obligations.;: ^{Return to footnote referrer} * Subject to borrowers meeting their mortgage obligations. Must keep property taxes and home insurance paid and current, maintain property, and keep current all mortgage obligations. Excludes any fees and interest accrued after mortgage due date.
REM calculator - Equitable Bank regularly monitors the posted rates of its reverse mortgage competitor;: ^{Return to footnote referrer} ** Equitable Bank regularly monitors the posted rates of its reverse mortgage competitors. If the rate posted on a competitor’s website for a comparable reverse mortgage product in Canada is lower than ours on the date of your application, we will offer you a better rate. All applications are subject to Equitable Bank’s standard lending guidelines, practices and approval criteria. If you submit your application on a non-business day, we will compare rates as posted on the following business day. New originations only. Promotions excluded.