Reverse Mortgage Calculator

You might be trying to calculate how much money you will need to live comfortably during retirement. And like many folks, especially Baby Boomers, you could be facing the harsh reality that you simply do not have enough savings and investments to carry you through for the rest of your life.

If this sounds familiar, you may have started to search for additional resources and discovered that your house is a virtual cash cow if only you could actually “liquidate” that asset without having to sell or take on more debt to do it.

Since you found your way to this web-page, you probably all ready know that one way to access your trapped equity is through the use of a government insured reverse mortgage, also known as HECM (Home Equity Conversion Mortgage.)

Use our free tools to get an idea of how much Tax-Free Cash you can take out of your home, without being obligated to make any repayments on the money you receive. And…while you continue living in your house and retaining title to your property.


You will be provided with approximate figures that will show you the results for several of the most popular FHA insured HECM reverse mortgage options offered today. You will readily see which one will provide the most cash and what the associated costs are for each option.

Your Property Value

One of the most important factors in the calculation formula is your property value. If you are not sure what your property is worth scroll down on this page to where it says “Home Value Estimate” and use the tool provided to get a quick estimate. Then come back to the calculator tool to finish inputting your details.

There may be additional product options available for you. Please feel free to request your personalized benefit summary.

hecm calculator

Using This Tool

These loans work exactly the opposite way that your traditional home loan did when you originally bought your house. When using this tool you will notice that the dates of birth for all persons on title are required. You will also be asked to provide an approximate current value for your property and the complete address for where your home is located.

These variables are essential components for determining your benefit amount. The amount of equity in your home is the most important factor in the mathematical formula.

Not Sure What Your House is Worth?

If you don’t know approximately what your property value is, you can check by inserting your full street address into the box below. If your home is in the database, it will provide an estimated market value for your home based on recent sales in your neighborhood.




Another Necessary Variable

The next major factor in determining how much money you are qualified for, is the age of the youngest person on the title to your home. Your loan benefits must last the expected lifetime for the youngest person on title. The older the youngest borrower is, the more money you can access from your equity. This is one of those rare times in life when being older is actually a good thing.

Click Here To See If You Have Enough Equity To Qualify