Sentinel Lifetime Loans, Reverse Mortgages and Home Equity Release New Zealand

THE SENTINEL LIFETIME LOAN CALCULATOR


Use the calculator to determine how much you could receive from our Sentinel Lifetime Loan - commonly known as reverse mortgage. Three easy steps STEP 1 Welcome to Sentinel's Lifetime Loan calculator. The calculator has been designed to enable you to run your own projections. Once you have entered the age(s) and the estimated market value of your home, the calculator will show the maximum amount that can be borrowed. We will also provide an estimate of the property value, the loan value and the amount of equity remaining. Areas that are highlighted must be entered.
Your Details
Name:
Age:
Is there a second borrower:	Yes No


Second borrower Details
Name:
Age:

Estimated Property Value:

please enter whole dollar amounts only

Property Growth Rates:
(%p.a.)

High:

Low:

If you wish to project a 3rd property growth option, please enter the additional property growth rate

Additional Property Growth Rate:
(%p.a.)

You may alter these property growth rates as you see appropriate to suit your particular property area

Step 2

Loan options

Maximum borrowing limits may apply

Maximum amount:

$=%

Current interest rate (Variable):

You may wish to vary this default interest rate to a long-term average rate of 8.95%. Current maximum initial drawdown $60,000

Equity Protect Option

10%
20%

*Maximum amount
Based on the information entered the maximum amount you may be entitled to borrow

*Current interest rate
Variable Rate – an interest rate that will fluctuate with the market

*Equity Protection Option
Option to ensure a percentage of the value of the home will remain at the end of the term

For full details of the Lifetime Loan please see our Application Pack or our website

Step 3

Loan options

Maximum borrowing limits may apply

Maximum loan amount:

Please enter the lump sum you would like to receive initially
(minimum $10,000)

please enter whole dollar amounts only

Express Top Up Remaining:
(Maximum $)

please enter whole dollar amounts only

*If you wish to draw from the Express Top Up Remaining please select the year and amount here and press 'Add'

(This is only a projection and does not commit you in any way. Limits may apply)

*Cannot exceed the Express Top Up remaining above.

For possible future borrowings over and above the Express Top Up chosen, please contact your financial adviser or Sentinel.

Check Details

Name
Age
Property Value	$0
Interest Rate	Variable 7.3%

Initial Loan Amount	$0
Total Loan Amount	$0
Express Top Up Taken	$0
Express Top Up remaining	$0

Start Over

View Projection

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