Back To Planner Get Started Free
NewRetirement
/
Reverse Mortgages
/
Reverse Mortgage – How Much More Can You Qualify for Now?

Reverse Mortgage – How Much More Can You Qualify for Now?

Editorial Team

May 13, 2014

Interest rates have fallen and that means that most reverse mortgage borrowers now qualify for more money. (And, you pay less in interest.)

Get a new estimate of your reverse mortgage loan amount right now!

All the great benefits of the loans still apply:

1. You still own your home: A reverse mortgage is just a different kind of home equity loan.

2. Money can be used for any purpose: Keep it as a home equity line of credit to limit interest charges or spend however you like.

3. No monthly payments: Eliminate monthly mortgage payments to improve your cash flow.

Instantly estimate your NEW Reverse Mortgage loan amount with the Reverse Mortgage Calculator.


Estimate Your Reverse Mortgage Loan Amount
Calculate

NewRetirement Planner

Take financial wellness into your own hands and do it yourself retirement planning: easy, comprehensive, reliable.

Get Started Free How It Works Stories Pricing

Share this post:

Keep Reading

All Posts

Our Planner

Calculators

Services

Blog

About

Enterprise

Our Newsletter

Our weekly newsletter full of inspiration, podcasts, trends and news.

Subscribe

Follow Us

Help Center

© 2024 NewRetirement, Inc. All rights reserved.

Disclaimer: The content, calculators, and tools on NewRetirement.com are for informational and educational purposes only and are not investment advice. They apply financial concepts in a general manner and include hypotheticals based on information you provide. For retirement planning, you should consider other assets, income, and investments such as equity in a home or savings accounts in addition to your retirement savings in an IRA or qualified plan such as a 401(k). Among other things, NewRetirement provides you with a way to estimate your future retirement income needs and assess the impact of different scenarios on retirement income. NewRetirement Planner and PlannerPlus are tools that individuals can use on their own behalf to help think through their future plans, but should not be acted upon as a complete financial plan. We strongly recommend that you seek the advice of a financial services professional who has a fiduciary relationship with you before making any type of investment or significant financial decision. NewRetirement strives to keep its information and tools accurate and up to date. The information presented is based on objective analysis, but it may not be the same that you find on a particular financial institution, service provider or specific product's site. All content, tools, financial products, calculations, estimates, forecasts, comparison shopping products and services are presented without warranty.