Free Estimate Tool · Serving Orange County Homeowners 62+

Reverse Mortgage Calculator

Use our calculator to estimate the equity you could access through a reverse mortgage. Enter a few basic figures and you’ll see your estimated gross proceeds, your proceeds after paying off any existing mortgage, and what a monthly payment option could look like. When you’re ready, Jeff will walk you through what the numbers mean for your situation.

Estimated Gross Proceeds — The approximate total a reverse mortgage could make available based on your inputs — a ceiling, not necessarily what you receive in hand.

Estimated Proceeds After Mortgage Payoff — Your gross proceeds minus any existing mortgage balance. This does not include reverse mortgage costs such as insurance, origination, and closing fees, which are deducted at closing and reduce the final amount. Jeff will walk you through your exact figures.

Monthly Income Could Look Like — If you chose to receive your proceeds as monthly payments instead of a lump sum, here’s an estimate of what that could mean each month.

Fill in your details and your estimate will appear here.

These figures are estimates only. Actual loan amounts depend on a formal appraisal, current interest rates, program eligibility, and reverse mortgage costs deducted at closing.

Understanding Your Results

Not sure how to read your results? Here’s what each number actually means.

What Are Gross Proceeds?

The gross proceeds figure is the maximum the HECM program will make available based on your home value, age, and current interest rates. It’s a ceiling — not necessarily what you’ll receive in hand.

What Are Proceeds After Mortgage Payoff?

If you have an existing mortgage, it’s paid off at closing using your reverse mortgage funds. The figure shown is your gross proceeds minus that balance. It doesn’t yet account for reverse mortgage costs — insurance, origination, and closing fees — which also come out at closing. Jeff can walk you through your exact net figure.

What Does Monthly Income Look Like?

Rather than taking a lump sum, many borrowers choose to receive their proceeds as a monthly payment — a predictable income stream that supplements Social Security, a pension, or other retirement income. The monthly figure in your results is an estimate of what that could look like for your situation.

These numbers are a starting point. Jeff can show you the full picture.

Your calculator results are based on general estimates. A real conversation with Jeff takes into account your specific home, your goals, your family’s situation, and the current rate environment — and it costs you nothing.

Most people who talk to Jeff come in thinking they already understand their options. Most leave knowing something they didn’t.

No commitment. No paperwork. Bring family.