Reverse mortgage calculator

Reverse mortgage proceeds calculator for planning questions.

Use the homepage calculator to estimate possible reverse mortgage funds before asking a professional to review your numbers. The estimate is not a quote and does not replace HUD's official HECM calculator, HUD-approved counseling, or lender review.

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No hard credit pull to askHome Loan Matcher does not pull credit for a question or rate request.Atlas Harbour ownedHome Loan Matcher is owned by Atlas Harbour and keeps a clear opt-in trail.All 50 statesRequests can include purchase, refinance, FHA, VA, conventional, cash-out, and reverse mortgage scenarios.Not a lenderRates, terms, approval, and availability require mortgage professional or lender review.

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Send the basics from this page and Stephen will see the request in the HomeLoanMatcher command center. The form keeps the source page and opt-in language with the inquiry.

Name Phone State Purpose Loan type Credit range Loan amount Best time

By clicking the button or submitting your information, you opt in to be contacted by Home Loan Matcher, Atlas Harbour, or a mortgage professional regarding your inquiry by phone, text, or email. Message and data rates may apply. You can opt out at any time on the opt-out page.

Crawlable rate reference

Public mortgage rate snapshots for comparison.

These examples use a $350,000 principal-and-interest-only loan so visitors and search engines can understand the rate context before a personal follow-up request.

Refreshed May 30, 2026

Mortgage News Daily

Daily index

6.65%

Loan: 30-year fixed index
APR: See source
$350k P&I: $2,247/mo

Fallback from last public check.

Source: Mortgage News Daily

Mortgage News Daily

Daily index

5.94%

Loan: 15-year fixed index
APR: See source
$350k P&I: $2,942/mo

Fallback from last public check.

Source: Mortgage News Daily

Freddie Mac national average

Weekly survey

6.51%

Loan: 30-year fixed
APR: See source
$350k P&I: $2,215/mo

Fallback from last public PMMS check.

Source: Freddie Mac PMMS

Florence Bank

0 points

6.125%

Loan: 30-year fixed
APR: 6.265%
$350k P&I: $2,127/mo

Fallback from last public lender PDF check.

Source: Florence Bank rates

Public examples only. Home Loan Matcher is not a lender and does not guarantee rates, terms, approvals, availability, or pricing. Actual options depend on borrower, property, program, points, fees, location, lock timing, and lender review.

Youngest borrower age

HECM proceeds are sensitive to the age of the youngest borrower or eligible non-borrowing spouse, so age is one of the first planning inputs.

Home value and HECM cap

The value used for a HECM estimate may be limited by the current FHA HECM maximum claim amount rather than the full property value.

Current mortgage payoff

Existing mortgage liens typically must be paid off at closing, which can reduce net proceeds available as cash, a line of credit, or monthly advances.

Costs and set-asides

Closing costs, mortgage insurance, repairs, property-charge set-asides, and lender requirements can reduce funds available to the homeowner.

Official resources

Use the homepage estimator HUD HECM calculator HUD HECM overview CFPB reverse mortgages

Common questions

Is the reverse mortgage calculator exact?

No. It is a simplified planning estimate. HUD's official HECM calculator and a lender's current principal-limit factors can produce different results.

Can reverse mortgage proceeds be monthly instead of cash?

Depending on program and lender review, proceeds may be structured as a lump sum, line of credit, monthly advances, or a combination.

Where should I verify reverse mortgage numbers?

Start with HUD's HECM calculator and HUD-approved counseling, then ask a licensed mortgage professional to review current program details.