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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
Cliff AuerswaldGet your personalized quote in seconds using the only reverse mortgage calculator that’s updated daily with real interest rates/APR, lending limits, and accurate closing costs.
Powered by ARLO™ (All Reverse Loan Optimizer) helps you compare:
- Accurate loan estimates from FHA-insured HECM and jumbo programs
- Local closing cost breakdowns (title, appraisal, insurance)
- Side-by-side loan options based on your goals
Get Started in 3 Simple Steps
- Enter Your ZIP Code
We use this to estimate regional closing costs and FHA lending limits. - Confirm Your Home’s Value
ARLO™ uses real estate data to estimate your value—adjust it if needed. - Enter Your Mortgage Balance & Age
Your quote will show how much you can borrow after any existing loans are paid off.
➡️ Once complete, you’ll see your personalized loan options in real time.
Expert Tips to Maximize Your Results
Use these tips to unlock your highest loan amount and best-fit program:
- Include a younger spouse’s age
Even if they’re not on the loan, it can affect your eligibility and future protections. - Wait for a birthday bump
If you’re within six months of your next birthday, waiting to close may increase your loan amount. - Input all mortgage balances
This ensures your estimate reflects the net proceeds available after payoff. - Adjust for recent home improvements
If you’ve upgraded your home recently, increase your home value to reflect it for a more accurate quote.
➡️ More reverse mortgage tips and FAQs
ARLO™ Results Preview: Tailored to Your Goals
ARLO™ gives you four custom reverse mortgage options based on your profile and goals:
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.
Pros and Cons of a Reverse Mortgage
✅ Benefits
- No monthly mortgage payments required
- Access tax-free cash for any purpose
- FHA-insured loans mean you’ll never owe more than your home’s value
- Multiple options: lump sum, line of credit, or monthly advances
⚠️ Considerations
- Interest adds up over time, reducing equity
- You’re still responsible for taxes, insurance, and maintenance
- Closing costs may be higher than traditional loans
➡️ See full breakdown of reverse mortgage pros and cons
Reverse Mortgage vs. Other Equity Options
| Feature | Reverse Mortgage | HELOC |
|---|---|---|
| Monthly Payments | ✅ None required | ❌ Required |
| Credit Requirements | ✅ Flexible | ❌ Stricter |
| Income Verification | ✅ Flexible | ❌ Stricter |
| Term | ✅ Lifetime | ❌ 10 Years |
2025 Reverse Mortgage Calculator: See How ARLO Stands Out
| Feature | All Reverse Mortgage (ARLO™) | Other Calculators |
|---|---|---|
| Daily Rate & APR Updates | ✅ Yes | ❌ No |
| Closing Cost Estimates | ✅ Includes all local appraisal and title fees | ❌ Rarely itemized or location-specific |
| Amortization Schedules | ✅ Full loan balance projections | ❌ Usually not included |
| AI-Powered Loan Insights | ✅ Custom to You | ❌ Generic |
| HECM & Jumbo Program Results | ✅ Shows all qualifying loan types | ❌ May only show HECM or limited options |
Frequently Asked Questions
How does ARLO™ provide accurate, personalized results?
ARLO™ (All Reverse Loan Optimizer) uses advanced AI to evaluate your age, home value, ZIP code, and goals—then instantly matches you with current rates and loan options. It’s fast, private, and tailored to your needs, with no sales pressure.
How much can I borrow with a reverse mortgage?
Your available loan amount is based on the youngest borrower’s age, current interest rates, and your home’s value. Our calculator follows HUD’s official Principal Limit Factors to estimate your maximum lending limit.
Why do interest rates affect reverse mortgage proceeds?
Lower interest rates allow you to access more equity, while higher rates reduce your borrowing potential. That’s why our calculator updates daily—to ensure the most accurate estimate based on today’s market.
How does the HECM line of credit grow?
The unused portion of your line of credit grows at your loan’s interest rate plus 0.5%. This unique feature can increase your available funds over time, especially if you delay accessing the credit.
What’s the main downside of a reverse mortgage?
Interest accrues over time, which reduces your home equity. This may leave less for heirs. However, with FHA insurance, you’ll never owe more than your home’s value—and our amortization tool can help you project equity changes over time.
Why trust our calculator?
All Reverse Mortgage, Inc. has over 20 years of reverse-only lending experience. We’re the only lender offering instant, real-time quotes using daily HUD updates—without asking for any personal information.
Trusted by Retirees Nationwide
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)
Get the Most Accurate Reverse Mortgage Estimates—Backed by Experience. At All Reverse Mortgage, Inc. (ARLO™), we combine two decades of trusted service with the latest technology to give you fast, personalized results. Whether you’re planning to age in place, pay off a current mortgage, or compare options, our calculator makes it easy to see which loan program fits your goals. Call us Toll-Free at (800) 565-1722 to speak with a licensed expert, or explore your options now using our reverse mortgage calculator—powered by ARLO™ and updated daily with the most current rates and program insights.
