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Line of Credit Calculator

Instant Eligibility (Lowest Cost & Real-Time Rates) + Built in ARLO™ Advice that helps you select the RIGHT program

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I just fetched you the best of 2023's Reverse Mortgages! Your personalized ARLO™ analysis includes real-time loan comparisons highlighted with my expert recommendations.

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From America's #1 Rated Reverse Mortgage Lender

Reverse Mortgage Line of Credit Calculator

Each week we update our online calculator to reflect our most popular HECM credit line programs offered at All Reverse Mortgage®.

You can request a formal analysis including written loan comparisons of ALL options, closing costs and amortization schedules by completing step 3 or call us while you're using this calculator Toll Free (800) 565-1722

Line of Credit Features

Flexibility to borrow any available amount from your credit line at any time.
Funds are deposited into your preferred account generally within 24 to 48 hours from fax request or you may request a paper check to cash in person.
Only accrue interest on funds borrowed.
Receive an automatic growth rate attached to your available line of credit funds.
Growth rate is not contingent on any future property value and the growth rate always matches the current interest rate charged your outstanding balance + 1.25% monthly insurance rate.
Line of credit can never be frozen or terms changed as long as you maintain your property taxes, homeowners insurance, and live in your home is your primary residence.

Interest Rate Options

Annual Adjustable: Interest rate will adjust annually with a periodical adjustment of 2% up or down each adjustment and a lifetime cap of 5% over the start rate.

Monthly Adjustable: Interest rate will adjust monthly with no periodical caps and a lifetime exposure of 10% over the start rate.

Additional Calculators courtesy of All Reverse Mortgage

First time reverse mortgage? Run your numbers here.
Buying a New Home? Calculate your down payment here.
Like crunching numbers? Try our Customizable Excel Amortization Calculator

Line of Credit Resources

Article: The Line of Credit That Grows (Complete explanation on line of credit growth rate and interest rate charges)
Article: Why a Reverse Mortgage is SMARTER than a HELOC
Video: Reverse Mortgage Line of Credit Explained

Legal stuff: Line of Credit calculations are for illustration purposes only and not an offer to lend. Rates and programs are subject to change without notice.

Reverse Mortgage Line of Credit Calculator

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