With our free reverse mortgage loan calculator, no personal contact information is collected. Just respond to the questions above to get an estimate of the total proceeds you may receive from a reverse mortgage.
Our reverse mortgage loan calculator works by determining your eligibility and the amount you may qualify for based on several factors such as your home value, any existing mortgage balance, and your age.
Disclaimer: Tools and advice provided on this page are for borrower convenience, the results of calculations using this calculator are loan estimates, and terms produced by the calculator may not be presently available credit terms. Interest rates (fixed rate and adjustable rate, LIBOR index) and amortization, mortgage insurance premiums (MIP), origination fees, lender margins, payment options and closing costs may vary. In order to be eligible to apply for a reverse mortgage, one of the requirements to fulfill is to attend a counseling session with a counseling agency that is approved by the U.S. Department of Housing and Urban Development (HUD). Borrowers must continue to pay taxes, insurance, and home maintenance, as well as comply with loan terms. AAG is a member of the National Reverse Mortgage Lenders Association (NRMLA) and holds NMLS #9392.