Check out PRMG’s reverse mortgage calculator
Are you considering a reverse mortgage, but unsure about whether it would financially benefit you? Instead of poring over complex equations and trying to figure out the potential outcomes on your own, our easy-to-use calculator does the heavy lifting for you. Simply enter your Date of Birth (DOB), home value, current mortgage balance, and zip code into the calculator and, with just a few clicks, our calculator will provide you with an estimate that can help you make an informed decision about whether a reverse mortgage is right for you. Eliminate the guesswork and get a clearer picture of the potential benefits and outcomes of choosing a reverse mortgage.
Still have questions, or want to know more? Contact a PRMG Reverse Mortgage Professional today!
PLEASE NOTE: If the DOB entered is too young to qualify for a Reverse Mortgage, the calculator will not provide any information to the user.
Results received from this calculator are designed for comparative purposes only, and accuracy is not guaranteed. Paramount Residential Mortgage Group Inc. does not guarantee the accuracy of any information available on this site, and is not responsible for any errors, omissions, or misrepresentations. This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves, which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. Additional fees such as HOA dues are not included in calculations. All information such as interest rates, taxes, insurance, PMI payments, etc. are estimates and should be used for comparison only. Paramount Residential Mortgage Group Inc. does not guarantee any of the information obtained by this calculator.