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Step 3 - Reverse Mortgage Calculators

Reverse Mortgage Calculators
This page contains three free Reverse Mortgage Calculators that you can use to estimate and calculate how much Money you can get your paws on from a HUD HECM Reverse Mortgage. Make sure you enter both you and your spouses' age (if applicable) because program calculation dollar amounts are based on the youngest borrowers' age.


- - - - - - - - PROGRAM INTEREST RATE OPTIONS - - - - - - - -

The Calculators that follow later on this page will deliver at least three results based on several program interest rate options. Below we list some of the most common:

  • HUD HECM Fixed This is a fixed rate product where the interest rate is fixed for the life of the loan (Currently in the 5%-6% Range). There is no credit line option with this product

  • HUD HECM Adjustable - 1 Month LIBOR This is an adjustable rate product that is subject to monthly rate adjustments based on the LIBOR Index (Currently in the 2%-6% Range)

  • HUD HECM Adjustable - 1 Year US Treasury/LIBOR This is an adjustable rate product that is subject to yearly rate adjustments (Currently in the 2% - 6% Range)

What Interest Rate option should you pick? This can be a tough question to answer because nobody knows what interest rates will do in the future. If you need help deciding we recommend you visit the following link from a trusted source ezinearticles Interest Rate Info (Click Here)


- - - - - - - - - - - - - - FREE ESTIMATE - - - - - - - - - - - - - -

For a quick and easy free estimate of the money you can get from a reverse mortgage please click the following link (Scroll down this page if you want to use the more detailed calculators):

Quick Reverse Mortgage Estimate (Click Here) Best Reverse Mortgage Calculators







INSIDER TIP! The Calculators below do NOT immediately display the Reverse Mortgage Interest Rate that they use to figure the money you can receive, even though they are using the most current reverse mortgage rates. On the NRMLA Calculator you must hit the "Estimates" button AFTER you hit the "Calculate" button to see the various Reverse Mortgage interest rates that were used.



- - - - - - - FREE REVERSE MORTGAGE CALCULATORS - - - - - - -

  • Calculator from NRMLA

    • The first Calculator is from NRLMA (National Reverse Mortgage Lenders Association) and will quickly give you an idea of how much money you might get. We highly recommend this calculator.

  • Calculator from AARP

    • The second Calculator is from AARP (American Association of Retired Persons) and will quickly give you an idea of how much money you might get.

    Follow the links below to try the calculators.

    Free Reverse Mortgage Calculators NRMLA (Click Here)
    Free Reverse Mortgage Calculators AARP (Click Here)

    TAKE ACTION! Your action item for "Step 3 -Calculators" is to use one or both of the calculators to get an estimate of how much you might get from a Reverse Mortgage. Please print or write down the results, then click the link below to go to "Step 4 - Information"

    >> Go to Step 4 - Information (Click Here)

    << Go to the Home Page (Click Here)


    To see a FREE list of the nations top 100 reverse mortgage lenders (Click Here)

    If you have any questions about how much money you can get from a Reverse Mortgage or about the calculators please contact us using the form below. We never share your information with anyone! Call us Toll free at (800) 801-1375

    Contact Us About Reverse Mortgage Calculators
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