Reverse Mortgage Calculator

Estimate how much you could receive from a reverse mortgage and project future balance growth.

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Property & Borrower

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75 years
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Enter the factor from your lender for the youngest eligible age and expected rate. The example 40% is HUD’s age-75, 7% factor. Update it when age or expected rate changes. Costs include financed upfront MIP; no existing liens or set-asides are assumed.

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Payout Options

Maximum Loan Amount$160,000
Initial Cash Limit$81,000
Illustrative 10-Year Term Payment$1,686
Line of Credit$145,000

Full-Draw Balance Projection

Balance in 5 Years$235,066
Balance in 10 Years$344,158
How it works›

Model and assumptions. Uses age, home value and the entered rate to estimate borrowing capacity and projected loan growth. This is a simplified reverse-mortgage model; actual program limits, fees, eligibility and lender quotes may differ.CFPB: reverse mortgages