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Reverse Mortgage Equity
Calculator

Free · No obligation · 60 seconds

Homeowners 62+: See How Much Cash You Could Unlock From Your Home

A reverse mortgage can turn your home equity into tax-free cash — with no monthly mortgage payments — while you stay in the home you love.

  • Secure & confidential
  • No obligation
  • Takes 60 seconds

How it works

  1. 1

    Answer a few questions

    Tell us about you and your home. It takes about 60 seconds.

  2. 2

    See your estimate

    Get a rough estimate of how much cash you may be able to access.

  3. 3

    Talk to a specialist

    A licensed reverse mortgage professional explains your options — no pressure.

What is a reverse mortgage?

A reverse mortgage is a loan for homeowners 62 and older that lets you turn part of your home's value into cash. Instead of you paying the bank each month, the loan pays you — as a lump sum, monthly payments, a line of credit, or a mix.

You keep ownership of your home. The loan is usually repaid when you sell, move out permanently, or pass away. Most are government-insured Home Equity Conversion Mortgages (HECMs).

Who qualifies?

  • At least one homeowner is 62 or older
  • You own your home (paid off or with a mortgage)
  • It's your primary residence
  • You have enough equity in the home

How homeowners use the money

Pay off your mortgage

Eliminate your monthly mortgage payment.

Cash for retirement

Supplement Social Security and savings.

Medical bills

Cover healthcare and in-home care costs.

Home repairs

Update or adapt your home to age in place.

Frequently asked questions