Reverse Mortgage Calculator
Calculate potential reverse mortgage proceeds based on your home value, age, interest rate, and fees. See estimated lump sum, monthly payments, or line of credit amounts available through a Home Equity Conversion Mortgage (HECM).
Inputs
$
$
%
$
Results
Net Available
$88,371
Principal Limit
$146,371
Lump Sum
$88,371
Loan Balance vs Home Value
Remaining Home Equity
Projected Balance Over Time
| Year | Loan Balance | Home Value | Equity |
|---|---|---|---|
| 1 | $155,885.33 | $412,000.00 | $256,114.67 |
| 2 | $166,017.87 | $424,360.00 | $258,342.13 |
| 3 | $176,809.04 | $437,090.80 | $260,281.76 |
| 4 | $188,301.62 | $450,203.52 | $261,901.90 |
| 5 | $200,541.23 | $463,709.63 | $263,168.40 |
| 6 | $213,576.41 | $477,620.92 | $264,044.51 |
| 7 | $227,458.88 | $491,949.55 | $264,490.67 |
| 8 | $242,243.70 | $506,708.03 | $264,464.33 |
| 9 | $257,989.54 | $521,909.27 | $263,919.73 |
| 10 | $274,758.86 | $537,566.55 | $262,807.69 |
| 11 | $292,618.19 | $553,693.55 | $261,075.36 |
| 12 | $311,638.37 | $570,304.35 | $258,665.98 |
Frequently Asked Questions
Related Calculators
Home Equity Calculator
Calculate your home equity and how much you could borrow with a HELOC.
Mortgage Payment Calculator
Calculate your monthly mortgage payment including principal, interest, taxes, and insurance.
Home Affordability Calculator
Find out how much house you can afford based on your income, debts, and down payment.