It's as easy as 1-2-3

Easy Reverse Mortgage Calculator

This is the easiest to use reverse mortgage calculator. Big fonts, clear input fields, instant results. Enter your numbers, click "Calculate Now" and the funds available to you through a reverse mortgage will appear at the top. It's as easy as 1-2-3. And it is free!

What is reverse mortgage?

A reverse mortgage is a type of loan, that allows you to convert part of the equity in your home into cash.

HECM stands for Home Equity Conversion Mortgage and in its essence is a government-insured reverse mortgage.

HECM is the most popular type of reverse mortgage.

Calculator guide

Our goal was to make this reverse mortgage calculator particularly easy to use, clear and as simple as possible. Just enter your numbers and the amount available to you through a reverse mortgage will appear at the top. It's easy as 1-2-3.

Please note - the calculated amount above is only an estimate, it is based on the information you provide and may or may not reflect what you are actually eligible for.

Useful info

Age 62 is the minimum age for a reverse mortgage backed by the U. S. Department of Housing and Urban Development (HUD).

The younger the borrower and the higher the interest rate, the lower the percentage of a home's value that is available to borrow with a reverse mortgage.

The majority of reverse mortgages are originated through the HUD program (HECM mortgages).

Any existing lien on the property must be small enough to be paid off at settlement of the reverse mortgage.

HECM loans can be used for any purpose.