Reverse Mortgage Calculator

To request our free reverse mortgage consumer guides, click Order

This Loan Calculator is provided by NRMLA for illustrative and educational purposes only. The actual product offerings, interest rates and margins will vary as markets change. The numbers generated by the calculator are estimates only and may differ from those you receive from private lenders. NRMLA does not endorse any reverse mortgage product or lender.

Your Initial Entries

This calculator estimates benefits you might receive from the federally-insured "Home Equity Conversion Mortgage" (HECM) and a proprietary reverse mortgage. 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:

1) What is your ZIP code?

Enter just 5 digits, not ZIP+4.

Then click the 'Find It' button >>

State:	Florida
County:	Broward

Month

Day

Year

2) When were you born?

For example: type 5 for May.

Month

Day

Year

3) When was your spouse
(or other co-owner) born?

Leave blank if you are the only owner.

4) How much is your home worth?

Type in your best guess.

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 home repairs

9) Your desired line-of-credit

Make your entries, then click

To start a new estimate, click

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