HECM Reverse Mortgage Principal Limit Calculator
This calculator estimates the HECM reverse mortgage principal limit and principal limit factor for for a given age, home value, and expected interest rate. Select the appropriate values using the sliders below, then click 'Calculate'.
If you're married, only one spouse needs to be at least 62. The younger spouse can qualify as a non-borrowing spouse. If you're not married, the minimum qualifying age is 62.
Enter how much you could reasonably get for your home if you sold it today.
Select the expected interest rate to use for the calculation.
For informational purposes only. MyHECM.com is not a mortgage lender or broker. Please get a formal quote from a qualified professional before making any financial decisions. This calculator reflects the 1/1/2023 lending limit change. This calculator may contain affiliate links through which we may receive compensation at no extra cost to you.
