Your Personalized HECM Estimate
Illustrative only. Not a commitment to lend. Actual amounts determined by a licensed originator after appraisal and underwriting.
Your Information
HECM uses the younger borrower's age for calculations
Life Expectancy Set-Aside for property taxes & insurance
Our lower margin means a bigger credit line for you
Expected rate = 1-Month CMT (3.75%) + lender margin
Your Estimate
60% initial disbursement rule applies to first 12 months
10-Year Growth
$182,239
20-Year Growth
$303,992
Projections assume no draws are taken from the credit line.
Est. Monthly Tenure Payment
$275/mo
Guaranteed for life while home remains primary residence
Non-recourse guarantee: You and your heirs can never owe more than the home is worth.
Want a professional review of these numbers?
Our team will verify your estimate and show you how it fits into the Four-Pillar Strategy.
123Reverse's estimated values above present FHA's Home Equity Conversion Mortgage (HECM Line-of-Credit), created with our low 1.0% Margin. These values are only an estimate based on your inputs and are provided for informational purposes only. Actual proceeds vary based on (i) your home's appraised value, (ii) loan amount (iii) interest rates, and (iv) actual closing costs based on your geographic location and the third-party settlement service providers selected. Additionally, certain property charges may be set-aside from loan proceeds reducing the amount otherwise available for distribution if the financial assessment requires the establishment of a Life Expectancy Set Aside (“LESA”) account.