Reverse Mortgage Calculator                    

Your Initial Entries

These pages provide estimates of benefits from three popular reverse mortgage programs. These estimates do not reflect local cost variables, are not an offer to make anyone a loan, nor do they qualify anyone to obtain a loan.

How much money is available from the home? To find out answer these questions:

You can use your "Tab" key to move from box to box. $ signs and commas are not needed -- just enter numbers. Note that all borrowers must be 62 or older (or within 6 months of their 62nd birthday.)

  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 line-of-credit
 

Make your entries, then click  

 

To start a new loan, click  


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