Today's Rates
How a HECM compares to a 30-year fixed
Today's HECM Rate
4.750%
- 1-Year CMT (daily) index
- 3.800%
- + RNR margin
- 1.000%
- = Note rate
- 4.750%
As of May 28, 2026
Today's 30-Year Fixed
6.530%
Source: Freddie Mac PMMS
As of May 28, 2026
A lower margin means a lower starting rate — and because the lifetime cap is pegged to that starting rate, it means a lower ceiling for the life of the loan.
Rates shown are for illustration only and based on published index values as of the dates indicated. Actual rates depend on loan terms, borrower qualifications, property, and market conditions at the time of application. Interest rates are subject to change without notice. The 30-year fixed mortgage rate is sourced from the Freddie Mac Primary Mortgage Market Survey. The HECM note rate shown is calculated as the most recent 1-Year CMT (daily)index plus RNR Funding, Inc.'s current margin. The lifetime rate cap shown assumes a monthly-adjustable Home Equity Conversion Mortgage. This is not an offer to lend.
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 (3.67%) + lender margin
Your Estimate
60% initial disbursement rule applies to first 12 months
10-Year Growth
$191,280
20-Year Growth
$319,074
Projections assume no draws are taken from the credit line.
Est. Monthly Tenure Payment
$289/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.
Why margin matters
The same index, a different margin
Margin sets both the floor of your loan's rate and the ceiling. Watch what changes when only the margin moves.
A · Initial rate by margin
Low margin (123 Reverse)
- Index
- 3.800%
- + Margin
- 1.000%
- = Initial rate
- 4.750%
A typical higher margin
- Index
- 3.800%
- + Margin
- 2.500%
- = Initial rate
- 6.250%
B · Lifetime cap by margin
Low margin (123 Reverse)
- Index
- 3.800%
- + Margin
- 1.000%
- = Initial rate
- 4.750%
- Initial rate
- 4.750%
- + Cap offset
- 10.000%
- = Lifetime cap
- 14.750%
A typical higher margin
- Index
- 3.800%
- + Margin
- 2.500%
- = Initial rate
- 6.250%
- Initial rate
- 6.250%
- + Cap offset
- 10.000%
- = Lifetime cap
- 16.250%
Same index, with a different margin, produces a different starting rate and a different lifetime ceiling.