Mark and Sue are both 62 years old and own a home that is worth $300,000. Their home is paid off so there’s no existing mortgage balance. At their current age, they qualify for approximately $149,700 in their reverse mortgage line of credit with a growth rate of 5.01%. Since they do not need the money right now, the $149,700 amount of funds available remains untouched and grows in value each year by the growth rate. Ten years later, when Mark and Sue are 72 and decide to draw money from their line of credit, the amount of money available to them will be approximately $322,258. This is more than double the amount available at the time the line was started. Over the 10 years where the line was not used, their available funds grew in value by approximately $172,558.*