See How Much You Can Qualify For
A HECM, or Home Equity Conversion Mortgage is a unique type of mortgage that allows you to eliminate your monthly mortgage payment and convert any additional stored equity into usable funds. This tool is a non-invasive way to see how much money you could receive from a reverse mortgage.
Reverse Mortgage Calculator
In order to find out how much you might be able to receive, please use our reverse mortgage calculator. The calculator automatically factors in the cost of mortgage insurance based upon your selected estimated home value as well as estimated title fees based upon your state and home’s value. The interest rate and origination fee can be adjusted in order to explore different scenarios.
Interest Rates Can Vary from Lender to Lender
You Must Attend Counseling with a HUD-Approved Counselor.
You Should Never Pay for Reverse Mortgage Information or to Apply for a Loan.
By filling out this form, you can get an estimate of the funds available to you with a federally-insured reverse mortgage.