Page 2 - WSAAG097_HECM LOC Bifold

# 1 Scenario

HECM LOC Growth With a Mortgage Balance*

Home Value: $550,000 Principal Limit: $225,500 Expected Rate: 3.870%
Financed Costs:
1st Mortgage: $96,000 MIP: 2% of Home Value HUD MIP: 0.50%

Age: 65 Max Origination: $6,000 Outstanding Bal.: $115,500
3rd-Party Fees: $2,000
LOC: $158,900

Start Year 1 Year 5 Year 10 Year 20 Year 30

Principal Limit $273,900 $286,112 $340,654 $423,676 $655,354 $1,013,720

Outstanding $115,000 $120,127 $143,027 $177,885 $275,158 $425,622
Balance

Line of Credit $158,900 $165,985 $197,626 $245,791 $380,196 $588,098

Home Value $550,000 $572,000 $669,159 $814,134 $1,205,118 $1,783,869

HECM LOC Growth

Home Value Principal Limit Outstanding Balance

Average home appreciation assumed at 4%* Average home appreciation assumed at 1%*

$2M $1.4M
$1.8M
$1.2M
$1.6M
$1.4M $1M
$1.2M
$800K
$1M
$600K
$800K
$600K $400K
$400K
$200K
$200K
$0 $0
Start 1 5 10 20 30 Start 1 5 10 20 30

*Numbers are rounded for illustrative purposes. Third-party fees are an estimate and will vary based on location, loan amount, provider, and other
variables. Rates are based on HECM ARM and may not be reflective of current rates available.