Reverse Mortgage Information


Reverse Mortgage Calculator

An online reverse mortgage calculator can help you to determine how much of your home's equity you can access for a reverse mortgage.

In general, at the current rates & fees you can ballpark that the funds available (after costs) will run as follows - take the youngest homeowners age, subtract 10. That figure is fairly close to the Loan(after costs) to Value senior borrowers/buyers can expect from their reverse proceeds. 

You can find very basic reverse mortgage calculators on the web at sites from AARP and HUD.  For a more detailed analysis please access my Reverse Mortgage Calculator.




By Deborah Nance


Your Local Southern California Reverse Mortgage Professional

How Much Do You Qualify For?

Click the Learn More Button below to email me a question.



Equal Housing Lender

iReverse Home Loans, LLC, NMLS#810502 originates reverse mortgages in Alabama, Alaska, Arizona (MB-0919584), California, Colorado, Connecticut, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Oregon (ML-5378), Pennsylvania, South Dakota, Tennessee, Texas, Utah, Vermont (1164-MB), Virginia, Washington and Wisconsin. 

Important Information: Reverse Mortgages are neither "endorsed" nor "approved" by the Federal Government. The FHA (Federal Housing Administration) provides certain insurance benefits for lenders and borrowers in connection with the lender’s HECM loans; the FHA does not make or originate loans. The owner(s) retain title to the property that is the subject of the reverse mortgage until the person sells or transfers the property and is therefore responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts or failure to maintain the condition of your property may cause the reverse mortgage loan to become due immediately. A reverse mortgage is a complex loan secured by your home. Whether such mortgage makes sense for you depends on your financial situation and needs. For these reasons, we strongly recommend that you consult with a qualified independent housing counselor, family members and other trusted advisers before making this decision. This website is not from HUD or FHA and was not approved by HUD or any government agency.

Comment balloon 2 commentsDeborah Nance • August 06 2010 03:09AM


Thanks for sharing. Many do not know that a reverse mortgage may be used to finance the purchase of a more suitable primary residence.

Posted by Roy Kelley (Realty Group Referrals) over 8 years ago

Deborah, your reverse mortgage calculator is not working for me the link goes to wufoo site no calculator is there - I am looking for a free script to insert on my website if you find one please reach out to me I will do same if I find one - currenly I just have a lead form on my page maybe you can do that for now as well. Goodluck 

Posted by Paul Galante over 6 years ago

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