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HECM Reverse Mortgage for Purchase Calculator – Page 1

HECM Reverse Mortgage for Purchase Calculator

HECM for Purchase: How much can you qualify for?
Yes, you can finance a home purchase without a mortgage payment! This calculator estimates how much financing you can get from an FHA-insured HECM reverse mortgage. No contact information is required. Enter your age and the purchase price of the home in the fields below, then click 'Next' to continue.
Age (of youngest borrower):
Purchase price:
Not purchasing a home? Use our regular HECM calculator.
This reverse mortgage calculator is for educational and informational purposes only. is not a lender. Lender-quoted proceeds, interest rates, and closing costs will likely vary. Please consult with a licensed reverse mortgage lender to get the most accurate and updated quote before making any financial decisions.

This calculator has been updated to reflect the January 1, 2022 lending limit change.