Reverse Mortgage Calculators | The 2 Mortgage Guys
Explore 5 free reverse mortgage calculators: purchase, monthly income, debt consolidation, snowbird 2nd home, and Social Security delay strategies. Run your numbers now.
Reverse Mortgage Calculators | The 2 Mortgage Guys
Explore 5 free reverse mortgage calculators: purchase, monthly income, debt consolidation, snowbird 2nd home, and Social Security delay strategies. Run your numbers now.
Calculator Assumptions
Reverse Mortgage Calculator Hub
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Reverse Mortgage Calculator Report
Base Assumptions
1. Reverse Mortgage Purchase
2. Monthly Income Stream
3. Debt Consolidator
4. Use Primary Equity for a 2nd Home
5. Social Security Delay Strategy
HUD states HECM proceeds depend on age, current interest rate, and the lesser of appraised value, the FHA HECM limit, or sales price. This calculator uses the 2026 HECM maximum claim amount of . Results are estimates for educational purposes only and not a loan offer. You must continue paying property taxes, homeowners insurance, HOA dues if applicable, and maintain the home. HUD says borrowers may remain indefinitely if taxes and insurance are kept current.
Explore five powerful reverse mortgage scenarios built by The 2 Mortgage Guys at Luminate Bank.
*Consult a tax advisor. Loan proceeds are generally not considered taxable income, but you must continue paying property taxes, insurance, and maintain the home.
This is the age of the borrower whose Social Security benefit is being evaluated. It may differ from the HECM eligible age entered in “START HERE” above.
The 2 Mortgage Guys will run a custom HECM illustration based on your actual numbers. No obligation.
Prepared by The 2 Mortgage Guys at Luminate Bank
Calculate the down payment required to buy a new home using a HECM for Purchase.
Turn home equity into predictable monthly cash flow.
*Consult a tax advisor. Loan proceeds are generally not considered taxable income.
Use a reverse mortgage to eliminate existing mortgage and high-interest debt.
Unlock equity from your primary residence to purchase a vacation or seasonal home.
Your primary home equity can cover this 2nd home outright. The HECM remains on your primary residence only.
Explore using a reverse mortgage to bridge income while delaying Social Security.
The 2 Mortgage Guys at Luminate Bank
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- Fixed Term Lifetime Tenure Net Proceeds Available Payment Period months *Consult a tax advisor. Loan proceeds are generally not considered taxable income, but you must continue paying property taxes, insurance, and maintain the home. Estimated Monthly Income SEE MY OPTIONS <a href="https: LEARN MORE ABOUT REVERSE MORTGAGES
- Cash From Primary Home (HECM) Target 2nd Home Price SEE MY OPTIONS <a href="https: LEARN MORE ABOUT REVERSE MORTGAGES
- Get Your Personalized Report The 2 Mortgage Guys will run a custom HECM illustration based on your actual numbers. No obligation. Prefer to call?
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