re: IS A REVERSE MORTGAGE A GOOD IDEA? Need Help deciding

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Costs, Fees and Interest - A reverse mortgage comes with closing costs, just like a regular mortgage, as well as servicing fees over the life of the mortgage. In addition, interest will be added onto the balance of the loan each month, so the amount you owe keeps increasing over time. However, with most reverse mortgages, you cannot owe more than the value of the home when the loan becomes due. 

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GA Attorney General Consumer Protection Div
You dont make mortgage payments but the balance accumulates and accrues interest. It is a way to stay in home if in financial distress but very costly.