Reverse Mortgage Calculator

Are you eligible and how much money can you receive?

Use this reverse mortgage calculator to figure out what a reverse mortgage may offer you.
Need more help? Get more information about reverse mortgages.

Enter Your Info
X
  •  
  • ?
  • ?
Calculate

Receive a lump sum of up to:

Sorry, but at this time you do not qualify for a reverse mortgage, however you may qualify for a cash-out refinance.

Learn more about cash-out refinance

We noticed you're in North Carolina, we can help you over the phone. Please call 1-800-351-3904.

Learn more about cash-out refinance

Sorry, you are unable to qualify for a reverse mortgage because your mortgage balance is $375,000 or greater, however, you may still be eligible for a cash-out refinance.

Learn more about cash-out refinance

How To Use Reverse Mortgage Calculator

Our reverse mortgage calculator makes it easy to see an estimate of how much money you could obtain through a reverse mortgage. To qualify for a reverse mortgage, the borrower and co-borrower (if any) must be at least 62 years of age.

Using our calculator is simple: Just plug in the type of property you wish to obtain a reverse mortgage on, how you use the property (it must be your primary residence to qualify), your zip code, your age and the age of the oldest title holder, the value of your home (which can be done through an appraisal), and the current balance you have left on your mortgage.

Press Calculate, and see how much money a reverse mortgage could get you! Remember, you can receive the money in one lump sum or in monthly installments. The reverse mortgage will not be due until you pass, move out or sell the home.

Good luck!

Advertising Disclosures