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Michael G. Branson, CEO of All Reverse Mortgage, Inc., and moderator of ARLO™, has 45 years of experience in the mortgage banking industry. He has devoted the past 20 years to reverse mortgages exclusively. (License: NMLS# 14040) |
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All Reverse Mortgage's editing process includes rigorous fact-checking led by industry experts to ensure all content is accurate and current. This article has been reviewed, edited, and fact-checked by Cliff Auerswald, President and co-creator of ARLO™. (License: NMLS# 14041) |
Michael G. Branson
Edited by 
Cliff Auerswald
Welcome to the #1 Reverse Mortgage Calculator, trusted by thousands of homeowners! Calculate your reverse mortgage options instantly—no personal details needed. Get accurate, real-time quotes for HECM, Jumbo, and Proprietary reverse mortgage programs, including loan terms, interest rates, APR, and closing costs.
Whether exploring borrowing limits or comparing loan options, our proprietary calculator, powered by ARLO Intelligence (AI), provides precise, reliable information to help you make informed decisions.
Key Features of Our Reverse Mortgage Calculator
Our reverse mortgage calculator stands out with these user-friendly features:
- No Personal Information Needed: Start with basic details—no sensitive information required.
- Real-Time Quotes: See current interest rates, APR, and loan terms updated instantly.
- Side-by-Side Loan Comparisons: Easily compare reverse mortgage options to find the best match for your financial goals.
- Easy-to-Use Interface: A simple, guided process ensures you can explore and choose the right reverse mortgage with confidence.
- ARLO Intelligence (AI): Advanced AI analyzes your inputs and recommends the best product option for your unique needs.
How to Use the Reverse Mortgage Calculator: Step-by-Step Guide
- Enter Your Zip Code: Your zip code helps ARLO determine third-party closing costs in your area, including local appraisal fees, title insurance, and recording fees.
- Your Street Address: ARLO uses your address to estimate your home’s value online. You can accept this estimate or manually adjust the value.
- Enter Mortgage Balance: If you have an existing mortgage, enter the balance to calculate how much will be paid off with your reverse mortgage.
- Enter the Age of the Youngest Homeowner: Reverse mortgage limits are based on the age of the youngest borrower. If you have a spouse, include their age, as the youngest spouse’s age determines loan proceeds.
Tips for Maximizing Your Reverse Mortgage Estimate
Get the most out of your reverse mortgage estimate with these expert tips:
- Include Your Spouse’s Age: If you’re 62 or older, include the age of any younger spouse, even if they’re not eligible. Their age can impact your loan amount and terms.
- Consider Timing for Higher Loan Amounts: Closing your reverse mortgage within six months of your next birthday could increase your loan amount, as lenders adjust principal limits based on age.
- Include All Mortgage Balances: Include all existing mortgage balances for the most accurate borrowing estimate. This ensures you know how much is available after paying off any obligations.
Preview of Calculator Results with ARLO Intelligence (AI)
ARLO Intelligence (AI) uses advanced AI to help you navigate the reverse mortgage calculator and identify the best option for your unique needs. Based on your input, ARLO will analyze and recommend the most suitable product option for you.
Here are the four key areas ARLO will guide you through:
Best Overall Payout: “This rate option will give you access to more cash proceeds over the life of the loan than any other available product. You will notice a line of credit available after 12 months, allowing you to receive the most money possible in the first 12 months. If your number one goal with the Reverse Mortgage is to get as much money as possible, this is your best option.”
Best Over Time: “If you want to keep as much equity in your home as possible while having access to a credit line for emergencies, this could be the right choice. Over time, the loan balance with this option grows slower than other products, leaving you with more equity in the long run. Reviewing the amortization schedule can show how this product helps maintain a lower balance over the years. This makes it a good option if preserving equity is your main goal.”
Lowest Closing Costs: “If keeping your upfront costs low is your priority, this option is great for setting up your reverse mortgage. It’s ideal if you’re more focused on minimizing expenses than maximizing the money you receive. Remember, most fees and costs can be rolled into the loan so that you may have little or no out-of-pocket expenses. This makes it easier to start your reverse mortgage without a significant financial burden.”
Fixed Rate Loan Options: “As the name indicates, this is a Fixed Rate loan option. Your rate would never be subject to change if you choose and close on this product option. If your biggest priority were to secure a rate that would not be subject to change, you would select this option. Fixed Rate loans are a single disbursement lump sum, so there is no option for a credit line. Depending on your circumstances, a Fixed Rate loan option may not provide you with as much available loan proceeds as one of the adjustable products, so you will want to compare the amount of proceeds available when making your decision.
Searching for the best reverse mortgage calculator to understand the numbers, I discovered All Reverse Mortgage and noticed their rates were lower than the major lenders. Their prompt response and quick follow-up demonstrated their commitment to excellent customer service. -Peter H.(BBB)
Frequently Asked Questions
How does ARLO Intelligence improve reverse mortgage calculations?
ARLO analyzes your home value, age, and financial goals to provide real-time rates and AI-driven loan recommendations tailored to your needs.
How much can I borrow with a reverse mortgage?
Your loan amount is based on age, home value, and current interest rates. HUD’s Principal Limit Factors (PLF) table determines the maximum borrowing limit.
How do interest rates impact my loan amount?
Lower interest rates increase your available funds, while higher rates reduce the amount you can borrow.
What is the HECM line of credit growth rate?
The HECM line of credit grows over time based on your loan’s current interest rate + mortgage insurance premium (MIP). This increases your available funds each year.
How is the lump sum payment calculated?
Your lump sum payout follows HUD guidelines and depends on loan type, mandatory obligations, and closing costs.
2025 Reverse Mortgage Calculators: Find Your Best Tool
| Calculator Type | What It Does | Key Features | Includes Rates/APR |
| ARLO AI Calculator | Figures out payments, lump sums, and credit lines | AI-powered: Recommends the best loan for your goals | Yes |
| Free Quick Calculator | Estimates payments, lump sums, and credit lines | No personal info needed—just a fast estimate | No |
| Line of Credit Calculator | Shows HECM credit line and growth over time | Projects how your credit line grows | No |
| Refinance Calculator | Checks if refinancing your HECM pays off | Uses home value, rates, and 5x benefit rule | No |
| Purchase Calculator | Plans buying a home with a reverse mortgage | Estimates down payment and sale proceeds | Yes |
| Amortization Calculator | Tracks loan balance and equity over years | Downloadable Excel file for your records | Yes |
| Note: Explore our suite of 2025 reverse mortgage calculators designed to fit your needs. | |||
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Try Our Reverse Mortgage Calculator with ARLO Intelligence Today!
Ready to explore your reverse mortgage options? Use our free, no-obligation reverse mortgage calculator, powered by ARLO Intelligence (AI), to get real-time quotes and accurate estimates. No personal information is required—enter a few basic details to get started.
Get Your Free Reverse Mortgage Estimate Now—No Personal Info Needed!
