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Reverse Mortgages. Learn how a reverse mortgage can help you live a better life. Mortgage Rates. Reverse Mortgage Guide. Reverse Mortgage Lender Reviews. Mortgage Calculator.
Apr 9, 2024 · A reverse mortgage allows older homeowners to tap their home’s equity and receive tax-free payments. Many reverse mortgage borrowers use these payments to supplement retirement income.
Jul 15, 2024 · You can start exploring reverse mortgage options in your state using HUD’s FHA lender search tool. The search function allows you to search for HECM lenders by state, county and zip code.
How to use our reverse mortgage calculator. Enter the borrower and mortgage information. Start by inputting your youngest co-borrower’s age (if applicable), property type, estimated home value, outstanding mortgage balance and ZIP code. Choose how the property will be used.
Jul 10, 2024 · Using a reverse mortgage calculator can help you estimate your possible loan amount and show various payout options. A reverse mortgage lets homeowners who are 62 and older convert home equity into cash.
Reverse Mortgage Calculator Do you want to estimate what your remaining equity balance will be a few years out from today? Use this free calculator to help determine your future loan balance.
Reverse Mortgage Calculator - Reverse Mortgage. Wondering how much a reverse mortgage could offer you? Enter your information and get an estimate. If you’re having issues using Safari, please try a different browser. NRMLA Calculator Disclosure. Please note: This reversemortgage.org calculator is provided for illustrative purposes only.
