The $20,000 a year or 2% is very high. Let's put that at 7. Inflation works for you as the amount you borrowed is worthless as time goes on. You can reverse

The $20,000 a year or 2% is very high. Let's put that at 7. Inflation works for you as the amount you borrowed is worthless as time goes on. You can reverse mortgage it later not sell but live in it the rest of your life and have a % of the value. Your calculation mixes present day value and past value and tries to compare it