Reverse Mortgage Planning Calculator

Important disclosure: This calculator provides general, educational estimates for planning purposes only. It is not a loan application, approval, commitment, or an offer to lend. Reverse mortgage proceeds and availability depend on many factors, including (but not limited to) the youngest borrower’s age, home value, current interest rates, loan limits, mortgage insurance, property eligibility, closing costs, and required set-asides. Borrowers must meet program requirements. Reverse mortgage borrowers remain responsible for property charges (such as taxes, insurance, and maintenance) and must occupy the home as a primary residence.