Every option on one screen, then you choose.
Most reverse mortgage calculators only know one answer. This one shows you what selling would actually leave you with too — because if you fit one of the situations where this product helps, you should still see the alternative before you commit to anything.
See both options with your own numbers
Because Tyler is licensed as both a mortgage broker and a realtor, we can show you the borrow-and-stay path and the sell-and-rightsize path on the same screen — including the selling costs, property transfer tax and moving costs most reverse-mortgage calculators quietly leave out.
Reverse mortgage
Illustrated at 7.99% — CHIP Max 5-year fixed, effective July 3, 2026. Semi-annual compounding, not in advance.
Downsize
Friction cost of moving: $106,600 in costs you never get back — plus the neighbourhood, the doctors and the stairs you already know.
Reading this honestly
On these assumptions, staying and borrowing leaves roughly $73,927 more after 10 years, largely because a larger home keeps appreciating and the move costs are gone forever. That gap shrinks fast if the market flattens. Change the appreciation rate and the replacement price — the answer moves, and knowing which way it moves is the whole point.
Educational estimate only — not a pre-approval, not an offer of credit, and not a market valuation. Reverse mortgage rates, qualifying amounts and terms are confirmed only through a full application, appraisal and independent legal advice. Downsizing figures use typical South Surrey / White Rock selling costs and current BC property transfer tax rates.
What we ask in the review
- What has you considering accessing home equity?
- How important is staying in your current home?
- How many years do you realistically expect to remain there?
- What monthly payments would you like to eliminate?
- Are you helping yourself, your children, or both?
- Is preserving the maximum inheritance a priority?
- Does your home require major repairs or accessibility work?
- Have you considered what downsizing would release?
- Would you like to see both options side by side?
What you walk away with
- A written reverse-mortgage illustration, year by year, in dollars
- A realistic net-proceeds sheet if you sold, with local comparables
- The replacement-housing reality in South Surrey and White Rock right now
- A plain recommendation — including "do nothing yet" when that's the right call
- No application, no credit pull, no obligation
If you fit one of these buckets, you deserve to see every option — not just the one that pays us.
Tyler Waldron is licensed as both a mortgage broker (MB611612) and a realtor through Engel & Völkers. So alongside any reverse mortgage scenario, we'll also model what selling and rightsizing would actually leave you with — selling costs, property transfer tax, moving costs and all. Same advisor, both sides of the math, and no pressure to pick either one.