Reverse Mortgage Calculator

Our reverse mortgage calculator illustrates the dollar amount one might receive from a reverse mortgage. The calculator is free to use, however, if it does not provide you with enough information regarding the available programs, please don’t hesitate to contact us.

Compare 6 different reverse mortgage programs, cash out amounts, fees, interests rates and much more.

How to use the Calculator- Start by inputting your age, then the estimated value of your home, and finally, input the current balance of any mortgage attached to the property. When complete, click the calculate button below for your results.

Reverse Mortgage Lending Limits: HUD sets limits on the amount of money you’re able to receive from your reverse mortgage. The lending limits are calculated based on three specific criteria.

-Age of the youngest borrower.

-Current value of the borrower’s property.

-Any and all existing mortgages that are tied to the property.

*Some reverse mortgage lenders will require you to pass a financial stability test. If you have questions regarding the results provided by our calculator, please contact us, we’re more than happy to help you.

What are the fees?
Fees associated towards funding a reverse mortgage are similar to a standard forward mortgage. However, one large difference between a forward mortgage is a Mortgage Insurance Premium will be due when receiving a reverse mortgage.

Lender Locations

Age of Borrower:

Property Value:

Mortgage Balance:

Cash Available:  $0