Reverse Mortgage Calculator Apr 2026

Fixed monthly payments for as long as the borrower lives in the home. ✅ Final Feature Concept

Once the total Principal Limit is determined, the calculator subtracts mandatory costs to show the "Net Cash" available to the borrower. Deducting the current mortgage balance.

A single upfront payment (typically capped at 60% of the Principal Limit in the first year).

To provide an accurate estimate, the calculator requires four primary data points from the user:

The U.S. Department of Housing and Urban Development (HUD) uses the age of the youngest spouse to determine the payout factor.

The will provide users with an immediate estimate of their available home equity proceeds, accounting for FHA lending limits and mandatory lien payoffs.

Including the Initial Mortgage Insurance Premium (IMIP), origination fees, and third-party charges (appraisal, title, etc.). 4. Visualize payout options