Reverse Mortgage CalculatorLooking for an estimate of the maximum amount you may be eligible to receive. The calculation is only an estimated and is not binding in any form. The actual amount will depend on the specific lender and the type of HECM loan you go with. We recommend contacting one of the licensed reverse mortgage lenders in our directory for a detailed breakdown of options.
* Figures provided are based on market data on May 22, 2014 with the 10 year swap rate at 2.63%, lender margin of 2.5%, closing cost of $2,322 and the 1-month LIBOR rate at 0.15%.