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Mortgage & Home Loans · Alternative & Specialty

Reverse Mortgage Calculator

Estimate how much a homeowner aged 62+ could access with a reverse mortgage.

  • Free to use here · embed on the Free plan
  • 3 inputs · 7 results
  • English & Spanish

Try the Reverse Mortgage Calculator

Estimate reverse mortgage proceeds — results update as you type.

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Estimates only — not a loan offer or financial advice.

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What this calculator does

What the Reverse Mortgage calculator works out

The Reverse Mortgage Calculator is a free, embeddable calculator from CalcFunnel. Estimate how much a homeowner aged 62+ could access with a reverse mortgage.

You enter 3 inputs: home value, age of youngest borrower and existing mortgage balance.

It returns estimated net available, principal limit, upfront MIP (2%), payoff of existing mortgage, HECM lending limit and principal limit factor, plus 1 more figure.

Built for loan officers, brokers and homebuyers. Embedding it on your own website is included on the Free plan (free forever for up to 5 calculators on one domain), as part of the Mortgage & Home Loans category.

Results it shows

  1. 01Estimated Net Available
  2. 02Principal Limit
  3. 03Upfront MIP (2%)
  4. 04Payoff of Existing Mortgage
  5. 05HECM Lending Limit
  6. 06Principal Limit Factor
  7. 07Cash Needed at Closing

The first figure — estimated net available — is the headline result.

Inputs

The inputs it uses

Each field below comes straight from the calculator, with the same help text visitors see when they hover the info icon.

Home Value
The current estimated market value of the home. The HECM program caps the value used at the federal lending limit.
Age of Youngest Borrower
The age of the youngest borrower on the loan. Older borrowers qualify for a higher principal limit factor.
Existing Mortgage Balance
Any outstanding mortgage balance that must be paid off at closing, reducing the net proceeds available to you.

For your website

Embed this calculator on your website

Put the Reverse Mortgage Calculator on your own site with your colors, copy and lead form. Every calculation can arrive in your CRM with the numbers attached.

Works on WordPress, Wix, Squarespace, Webflow, Shopify, GoHighLevel and plain HTML — paste one line into an HTML or code block. No plugin needed.

Start free How embedding works

Free plan, no card. 14-day trial on Pro & Business.

  1. Inline on any pagePaste the snippet where the calculator should appear. It fills the width of its container and resizes to fit its content.
  2. Popup buttonA button sits on your page; visitors click it and the calculator opens in a popup.
  3. Floating corner widgetPaste once — or in your site-wide footer code — to show a floating calculator bubble in the corner of every page.
  4. Open from your own link or buttonGive any existing link, button or image a class and it opens the calculator when clicked.
  5. Direct linkA full-page link to the calculator for emails, social posts, QR codes or a menu item.

FAQ

Reverse Mortgage calculator FAQs

Still stuck? Ask the team — we reply within one business day.

Q.01What does the Reverse Mortgage Calculator calculate?
Estimate how much a homeowner aged 62+ could access with a reverse mortgage. It returns estimated net available, principal limit, upfront MIP (2%), payoff of existing mortgage, HECM lending limit and principal limit factor, plus 1 more figure.
Q.02What information do I need to use the Reverse Mortgage Calculator?
You enter 3 inputs: home value, age of youngest borrower and existing mortgage balance. Every input starts with a sensible default, so you can change only what you know.
Q.03What does “Home Value” mean in the Reverse Mortgage Calculator?
The current estimated market value of the home. The HECM program caps the value used at the federal lending limit.
Q.04What does “Age of Youngest Borrower” mean in the Reverse Mortgage Calculator?
The age of the youngest borrower on the loan. Older borrowers qualify for a higher principal limit factor.
Q.05Is the Reverse Mortgage Calculator free to use?
Yes — you can use it on this page for free, without an account. Embedding it on your own website is included on the Free plan (free forever for up to 5 calculators on one domain), as part of the Mortgage & Home Loans category. Compare plans.
Q.06Can I embed the Reverse Mortgage Calculator on my website?
Yes. Embed it inline, as a popup button, as a floating corner widget, from your own link or button, or share a direct link. It works on WordPress, Wix, Squarespace, Webflow, Shopify, GoHighLevel and plain HTML sites with one line of code — see embedding.
Q.07Is the Reverse Mortgage Calculator available in Spanish?
Yes. Labels, tooltips and result names are available in English and Spanish, and visitors can switch language in the calculator.
Q.08Can the calculator capture leads?
Yes. It can end with a lead form, a Get a Quote form, a Share panel or a button to any URL. Leads are saved with the inputs and results attached and can be forwarded to your CRM by webhook.
Q.09Are the Reverse Mortgage results financial advice?
No. Estimates only. Uses a simplified principal limit factor (HUD's official factors depend on age and the expected interest rate) and deducts HUD's 2% upfront mortgage insurance premium; lender closing costs are not included. Reverse mortgage proceeds depend on age, home value, current rates and HUD lending limits, and the loan reduces your home equity over time. Consult a HUD-approved counselor before proceeding.

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Your website does the math. You get the lead.

The Reverse Mortgage Calculator is one of 188 calculators you can brand and embed with one line of code.

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