Loan Balance & Equity Projector
See how a reverse mortgage balance grows over time against your home’s changing value — and how much equity is likely to remain.
Want your estimate in writing?
You just saw your number — no email required. For a personalized PDF summary and an introduction to a vetted lender in your state, tell us where to send it.
No credit pull. We never sell your information. Opt out anytime.
Because a reverse mortgage requires no monthly payments, interest and fees are added to the balance, which grows over time while your home’s value also changes. Seeing both together sets realistic expectations for remaining equity.
Reverse mortgages are non-recourse, so the amount owed at repayment can never exceed the home’s value.
Frequently asked questions
Will I still have equity left?
Often yes, especially with appreciation and conservative borrowing. Results depend on rates, draws, and home value.
What does non-recourse mean?
Neither you nor your heirs will owe more than the home is worth at repayment.
How is the balance calculated?
It grows monthly at the note rate plus the ongoing mortgage insurance premium; draws increase it further.
Related calculators
Line of Credit Growth
See how an unused reverse mortgage credit line grows over time.
Open calculator →HECM for Purchase (H4P)
Buy a home at 62+ with one down payment and no required monthly payment.
Open calculator →Reverse Mortgage vs. HELOC vs. Home Equity Loan
Compare monthly payment impact across the three main ways to tap equity.
Open calculator →What this calculates
Projects reverse mortgage balance and remaining home equity over time.
Assumptions & methodology
- Home appreciation and rates are held constant.
- Results are estimates based on the figures you enter and simplified assumptions.
- Taxes, fees, rates and individual circumstances can change real outcomes.
Important: These tools provide educational estimates only. They are not a loan offer, pre-approval, or financial advice, and results never mean you are approved for any product. Eligibility and terms are determined by a lender after a full application. Consider speaking with a HUD-approved counselor or financial professional.
Recommended next steps
Ready for the next step?
See If You May Qualify