****Note. These calculations do not reflect HUD’s most recent changes. New Benefits amounts are lower by 10-20% in some cases. This calculator is being updated on 3/1/18)****
Enter Zip Code, Nearest Home Value, Age of the Youngest Borrower and Mortgage Balance from the Drop Down Menus, Then hit CALCULATE.
Note: The above numbers are calculated based upon the specified interest rates, associated with one “general” reverse mortgage program. Changes in interest rates and /or changes in program choice may cause the amounts available to be higher or lower than stated.
For a more complete HECM Retirement Income Analysis
click HERE or call 1-800-762-6315