Reverse Mortgage Benefits Estimator

This tool estimates a range of potential benefits for the federally insured Reverse Mortgage

Why Are There Medium, Low and High Benefit Amounts?

Reverse mortgage interest rates adjust weekly, typically on Tuesdays, which means the amount you may qualify for can fluctuate. This estimator is designed to provide a range of potential benefits rather than a precise figure. The actual amount you qualify for will depend on several key factors, including your home’s appraised value, the specific HECM program you choose, and closing costs and fees, which vary by location. For an accurate estimate tailored to your situation, we recommend speaking with a NMLS licensed reverse mortgage specialist.

What If the Initial Line of Credit Numbers Are Red?

If the numbers appear in red, it means the estimated reverse mortgage benefit amount is not sufficient to fully pay off your existing loan balances, which is a requirement for the loan. To explore potential solutions and receive a personalized estimate, we recommend speaking with a reverse mortgage professional.

Exclusive Access

This calculator is available exclusively to our trusted network. If you’re a member of our community and need the latest password, please email us at HousingWealthInstitute@gmail.com for access.