星島日報 2010年12月13日
逆按揭服務 (Reverse Mortgage)
"...舉例如六十五歲至六十九歲的長者,並選擇十年期的逆按揭,每一百萬元物業可每月收取三千二百元;若是選擇終身收款,則每月獲取一千九百元。.."
Total award $3200 x 12 mths x10yrs = $384,000. It means that you may loss $384,000-$1,000,000= ($616,000).
It is equal to a loan of $1M with 17% annual interest rate offered by banks according to the compound interest concept.
http://www.moneychimp.com/calculator/compound_interest_calculator.htm