Reverse Mortgage Payback Question

[Richard Whitfield]

I have a paid for house that the market value is about $800K. I would like to use the equity for an investment but do not want to make payments for two years so I am thinking about a reverse mortgage for $200K to be paid back in two years. My question is if I took $200K in a reverse mortgage what would I be paying back after two years to close out the reverse mortgage? Thanks!