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#1 Reverse Mortgage Calculator

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Street Address
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Home Value
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Existing Mortgage
$
Reverse mortgage proceeds are based in part on your age. If you have a spouse their age will be needed as well in order to give you the most precise calculations.
Your DOB
Spouse DOB (If you have a spouse)

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I just fetched you the best of 2018's Reverse Mortgages! Your custom ARLO analysis includes real-time loan comparisons highlighted with my expert recommendations.
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By submitting this request for information, I hereby provide my signature, expressly consenting to receive this free quote by email or phone, from or on behalf of All Reverse Mortgage, Inc. and its fulfillment partners. I understand consent is not a condition of purchase and that I may revoke my consent at any time. I can revoke consent by calling ARM customer service at 800-565-1722.
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How the Reverse Mortgage Calculator Works

Great news! ARLO™ is the only calculator of its kind to offer you real-time eligibility. ARLO™ will instantly generate a quote that includes your eligibility, current interest rates, estimate of closing costs and amortization schedules. Most importantly, ARLO™ offers expert program recommendations within the guided tutorial.

Start by entering your home address and age, ARLO™ will do the rest!

What's Included in Your Calculator Results

Results will display ALL programs for which you are eligible including real-time interest rates and custom amortization schedules. Using our loan estimator (ARLO™) will make your life easier by highlighting each program along with personalized program recommendations.

Included in your quote results:

  • Side-by-side Loan Comparisons
  • Real-Time Interest Rates
  • Estimate of Financed Closing Costs
  • Amortization Schedules
  • ARLO™ Program Suggestions

How Much You Can Receive from a Reverse Mortgage

The amount of funds available from the reverse mortgage are based on several factors which include the age of the youngest borrower or spouse, current interest rates, and your home's property value. Interest rates will have a direct effect on your available proceeds; the lower the rate, the more available funds you will receive.

Calculation Tips:

  1. Don’t forget to include your spouse’s date of birth, even if they are not yet 62 as proceeds are always based on the age of the youngest spouse due to actuarial tables (life expectancy).
  2. When you close a reverse mortgage within 6 months of your next birthday, your calculations automatically move you into the next year’s principal limit factor.
  3. If you have a HELOC (Home Equity Line of Credit), be sure to include this balance as part of the total mortgage payoff.

Reverse Mortgage Loan Types

  • HECM Annual Adjustable (Federally-Insured Home Equity Conversion Mortgage)
    Payment options: Single lump sum disbursement, line of credit, monthly payments
    Interest rate: Annual adjustable with a periodical change of up to 2% with a lifetime cap rate of 5% over the start rate
  • HECM Fixed Rate (Federally-Insured Home Equity Conversion Mortgage)
    Payment options: Single lump sum disbursement
    Interest rate: Fixed rate for the life of the loan
  • Jumbo Proprietary (Private non-recourse loan)
    Payment options: Single lump sum disbursement
    Interest rate: Fixed rate for the life of the loan
    This program works best for home values that exceed $850,000

Enjoy Crunching Numbers?

Additional calculators courtesy of All Reverse Mortgage:

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Legal: ARLO™ calculator/estimator tool and all content included on this website are for borrower convenience only. Results shown are loan estimates, and terms produced may not be presently available credit terms. All Reverse Mortgage will endeavor to maintain current information for customer use but cannot guarantee terms available or that system malfunctions will never occur. To receive an actual proposal or available programs, rates and terms, you must contact our office. Interest rates (fixed rate and adjustable rate, LIBOR index) and amortization, mortgage insurance premiums (MIP), origination fees, lender margins, payment options and closing costs may vary. Borrowers with reverse mortgages must continue to pay all property charges such as property taxes, hazard insurance and HOA dues (if any).

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