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Reverse Mortgage Calculator

Use the reverse mortgage calculator to help determine the balance of a reverse mortgage. This calculator is specifically designed to show you how the outstanding balance of a reverse mortgage can rapidly grow over a period of time.

Reverse Mortgage Calculator Definitions

Lump sum advance
The starting balance or amount you expect to receive immediately from your reverse mortgage.
Years
The total number of years you are planning draw from the reverse mortgage.
Monthly loan advance
Total monthly amount you plan on receiving, in addition to the lump sum advance.
Interest rate
The annual interest rate for this loan.