A flexible pool of funds that grows over time if left unused.
Fixed monthly payments for as long as the borrower lives in the home. ✅ Final Feature Concept
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Once the total Principal Limit is determined, the calculator subtracts mandatory costs to show the "Net Cash" available to the borrower. Deducting the current mortgage balance.
The current appraised market value of the home. A flexible pool of funds that grows over time if left unused
A single upfront payment (typically capped at 60% of the Principal Limit in the first year).
The feature should display how the funds can be distributed based on the user's preference: For financial advice, consult a professional
Principal Limit=(Home Value×PLF)cap P r i n c i p a l space cap L i m i t equals open paren cap H o m e space cap V a l u e cross cap P cap L cap F close paren