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Calculator

Reverse Mortgage Proceeds Estimator

Shows how age, home value, existing mortgage balance and program parameters combine to determine available proceeds.

Your details

No name, email or phone number is needed. The full result appears below the button.

Or an eligible non-borrowing spouse, if younger.
Your own estimate is fine.
Enter 0 if the home is owned outright.
A percentage from a HUD-approved counsellor or a lender, e.g. 41.2. Leave blank if you don't have one.
Your own figure for insurance, origination and closing costs.
No contact information required.

Assumptions

  • The home is the borrower's primary residence.
  • Proceeds depend on the published principal limit factor for the borrower's age and expected rate.
  • Existing liens must be paid off from proceeds at closing.
  • Upfront costs reduce net proceeds available to the borrower.

Methodology

  • Program parameters come from the centralised configuration record, each with an effective date and source.
  • No figure is displayed while any required parameter is unverified.

Calculation rules and program parameters are stored centrally with a value, effective date, source and last-verified date. Read our methodology and data sources.

Limitations

  • An estimate is not a loan quote, offer, commitment or guarantee of eligibility.
  • Actual proceeds are set by the lender using current program parameters and a full application.
  • Property type, condition, appraisal outcome and financial assessment can change the result.

Disclosure wording for this tool is not final and is pending review.

Learn more

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Disclosure: This tool produces an illustration from the assumptions shown alongside it. It is not a quote, an offer, an approval, or a statement that you qualify. MethodologyHow we make moneyDisclosuresTermsPrivacy
Editorial independence: Rankings and scores are determined by our published editorial methodology and are not influenced by compensation. How we make money

This page does not yet carry a named author or expert reviewer. We do not sign pages with an anonymous "editorial team": named bylines and reviewer sign-off appear here once the contributors responsible for this page are on record.

How this page is produced: Rankings and scores are determined by our published editorial methodology and are not influenced by compensation. MethodologyEditorial StandardsHow We Make MoneyData & SourcesCorrectionsDisclosures