Discover If a Reverse Mortgage Is Right For You & Receive a Free Toolkit.

Calculate Your Eligibility

Your age determines the principal limit factor (PLF) for your reverse mortgage. Older homeowners typically qualify for higher loan amounts because the loan term is expected to be shorter.

Age must be between 62 and 99.

Your home's current market value is used to calculate how much you may borrow. The higher your home value, the more you may be eligible to receive (up to FHA lending limits).

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Adjust the slider to your estimated home value.

Any existing mortgage must be paid off with your reverse mortgage proceeds. We need this to calculate your net available funds after paying off your current loan.

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Enter your remaining mortgage balance if any.

Get Your Full Details

We'll email you a detailed breakdown with personalized recommendations

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What Does Our HECM Mortgage Calculator Do?

One of the first steps of applying for a reverse mortgage is to see if you qualify. Your house needs to have certain equity for you to be eligible. There are a few variables that our free reverse mortgage calculator will use to determine whether or not you qualify.

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Put Your Home to Work For You

South River Mortgage takes pride in educating homeowners about the financial opportunities available to them. Finding financial solutions to create a retirement plan can be difficult on your own but we provide the clarity and support to make the process as easy as possible. We help homeowners regain control of their finances through the use of reverse mortgages as an essential retirement tool.

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START HERE: Get cash out with a reverse mortgage Check Eligibility ›