Reverse Mortgage Calculator Suite Preview
All 6 HECM calculators on one page. Internal review page.
HECM Principal Limit Estimator
See your estimated HECM principal limit, net line of credit, and tenure payment option.
Inputs
72
$
$
Your Estimate
Estimated Principal Limit
—
—
—
Max Claim Amount—
Principal Limit Factor—
Net Line of Credit after Payoff—
Monthly Tenure Option (est.)—
How this works: FHA publishes Principal Limit Factors by youngest borrower age. Your net draw is the principal limit minus any existing mortgage that must be paid off at closing. Tenure option is an approximate monthly payment for life (subject to occupancy and T&I&M obligations).
Want a HUD-counseled specialist to walk you through your numbers?
Request a HECM Quote
Required HECM Disclosures: Borrowers must be 62 years of age or older. HUD-approved counseling is required. A reverse mortgage is not a government benefit. The loan becomes due and payable when the last surviving borrower no longer occupies the home as their primary residence or fails to meet the obligations of the mortgage (including property taxes, homeowners insurance, and maintenance).
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Estimates only. This is not a commitment to lend.
Reverse Mortgage vs HELOC
Compare monthly obligations and balloon risk between a HECM and a HELOC over your planning horizon.
Inputs
70
$
$
10
%
Your Estimate
HECM Required Monthly Payment
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—
—
HELOC Interest-Only Monthly—
HELOC Interest Over Holding Period—
HELOC Balloon at Maturity—
HECM Due Date—
Cashflow Advantage—
Key difference: A HELOC requires monthly interest payments and a balloon at maturity. A HECM has no required monthly principal or interest payment for qualifying borrowers who occupy the home and stay current on property taxes, homeowners insurance, and maintenance.
Want a HUD-counseled specialist to walk you through your numbers?
Compare with a Specialist
Required HECM Disclosures: Borrowers must be 62 years of age or older. HUD-approved counseling is required. A reverse mortgage is not a government benefit. The loan becomes due and payable when the last surviving borrower no longer occupies the home as their primary residence or fails to meet the obligations of the mortgage (including property taxes, homeowners insurance, and maintenance).
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Estimates only. This is not a commitment to lend.
HECM Line of Credit Growth
See how an unused HECM line of credit compounds year by year — not use-it-or-lose-it.
Inputs
$
15
%
Your Estimate
Projected LOC at End of Horizon
—
—
—
Growth Over Period—
Effective Annual Growth Rate—
| Year | Projected LOC | Growth |
|---|
Want a HUD-counseled specialist to walk you through your numbers?
Get Your Growth Projection
Required HECM Disclosures: Borrowers must be 62 years of age or older. HUD-approved counseling is required. A reverse mortgage is not a government benefit. The loan becomes due and payable when the last surviving borrower no longer occupies the home as their primary residence or fails to meet the obligations of the mortgage (including property taxes, homeowners insurance, and maintenance).
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Estimates only. This is not a commitment to lend.
Heir Payoff & Non-Recourse Protection
Project what heirs inherit at sale — and see how non-recourse protection works if the balance exceeds the home value.
Inputs
$
3%
15
$
%
Your Estimate
Projected Heirs' Inheritance
—
—
—
Projected Home Value at Sale—
Projected HECM Balance at Sale—
Non-Recourse Protection—
Non-recourse means: if the loan balance exceeds the home value when the last borrower moves or passes, heirs can never owe more than the home is worth. They can sell, deed the property, or pay 95% of appraised value to keep the home.
Want a HUD-counseled specialist to walk you through your numbers?
Discuss With Family
Required HECM Disclosures: Borrowers must be 62 years of age or older. HUD-approved counseling is required. A reverse mortgage is not a government benefit. The loan becomes due and payable when the last surviving borrower no longer occupies the home as their primary residence or fails to meet the obligations of the mortgage (including property taxes, homeowners insurance, and maintenance).
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Estimates only. This is not a commitment to lend.
HECM for Purchase — New Home Down Payment
Use a HECM as financing for a new home purchase. See the down payment and cash at close.
Inputs
72
$
Your Estimate
Required Down Payment (est.)
—
—
—
Down-Payment % of Price—
HECM Loan Amount—
Est. Closing Costs—
Total Cash Needed at Close—
Use case: Right-size or relocate — sell your current home, put proceeds toward the down payment on the new home, use a HECM for the rest. No required monthly P&I for qualifying borrowers, subject to T&I&M obligations.
Want a HUD-counseled specialist to walk you through your numbers?
Run Your Purchase Scenario
Required HECM Disclosures: Borrowers must be 62 years of age or older. HUD-approved counseling is required. A reverse mortgage is not a government benefit. The loan becomes due and payable when the last surviving borrower no longer occupies the home as their primary residence or fails to meet the obligations of the mortgage (including property taxes, homeowners insurance, and maintenance).
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Estimates only. This is not a commitment to lend.
Social Security Bridge Strategy
Model using a HECM to bridge living expenses while delaying Social Security for a larger lifetime benefit.
Inputs
64
70
$
$
$
%
Your Estimate
Projected Bridge HECM Balance
—
—
—
Years of Bridge Needed—
Monthly Draw—
Total Bridge Principal—
Projected Lifetime SS Delta—
Heads up: This is a high-level comparison. Delaying Social Security has tax, spousal-benefit, and health implications. Always pair this calculator with a fiduciary financial advisor and HUD-approved HECM counseling.
Want a HUD-counseled specialist to walk you through your numbers?
Run My Bridge Scenario
Required HECM Disclosures: Borrowers must be 62 years of age or older. HUD-approved counseling is required. A reverse mortgage is not a government benefit. The loan becomes due and payable when the last surviving borrower no longer occupies the home as their primary residence or fails to meet the obligations of the mortgage (including property taxes, homeowners insurance, and maintenance).
Get Your Personalized Reverse Mortgage Report
Enter your info and a HUD-savvy specialist will follow up with a detailed, no-pressure scenario review.
Estimates only. This is not a commitment to lend.
Talk to a specialist
Enter your info and Jon will follow up within 24 hours — no pressure, no obligation.