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Reverse Mortgage Calculator

Your Initial Entries

 
 
This calculator estimates benefits from three reverse mortgage programs -- the federally-insured "Home Equity Conversion Mortgage" (HECM), and the proprietary Home Keeper MortgageSM from Fannie Mae. In order to obtain one of these loans, you and your co-borrower (if any) must be at least 62 years old.

First tell us about yourself and your home, then click the Calculate button:

 
  Month   Day    Year 
1) When were you born?
      For example: type 5 for May.
  Month  Day  Year
2) When was your spouse
       (or other co-owner) born?
      Leave blank if you are the only owner.
 
3) How much is your home worth? 
      Type in your best guess.
4) What is your ZIP code?
      Just 5 digits, not ZIP+4.
 
Optional Input Fields:
5) Mortgages and liens on your home
6) Monthly payments on your mortgages
7) Other upfront cash you desire
8) Estimate any necessary repairs
9) Your desired creditline
 

Make your entries, then click  
 

To start over with a new loan, click  

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These estimates are generated by a Loan Calculator provided by NRMLA for illustrative
and educational purposes only. Neither NRMLA nor Netirement.com, Inc. endorse any
reverse mortgage or lender.

 
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