Fixed Monthly Payments.

The borrower(s) may also choose to receive their payments in fixed installments sent every month. This amount will vary between the amount the borrower qualifies for. They have the option to chose to receive a payment that is guaranteed for life, based on the age of the youngest borrower and the amount they qualify for. This option is great for those who like to know what they can count on each month ahead of time. It is great for budgeting and planning because the borrower knows exactly how much they are getting each month. They can also choose to receive an amount greater then the lifetime guaranteed amount. This amount would come each month until the qualified amount has been exhausted

Monthly payments example.

Borrower A does not receive enough money each month to cover medical expenses. The guaranteed payment, after paying off the mortgage would give an additional $900 a month, guaranteed for life. This amount, plus the relief of the current mortgage payment, would be enough to cover all current medical expenses, in addition to giving the borrower extra cash for any unexpected emergencies.