Reverse Mortgage Calculator

Use the reverse mortgage calculator to help determine the balance of a reverse mortgage. This calculator is specifically designed to show you how the outstanding balance of a reverse mortgage can rapidly grow over a period of time.

Javascript is required for this calculator. If you are using Internet Explorer, you may need to select to 'Allow Blocked Content' to view this calculator.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Lump sum advance

The starting balance or amount you expect to receive immediately from your reverse mortgage.


The total number of years you are planning draw from the reverse mortgage.

Monthly loan advance

Total monthly amount you plan on receiving, in addition to the lump sum advance.

Interest rate

The annual interest rate for this loan.