HECM Calculator

Reverse mortgage calculator is used to calculate the balance of a reverse mortgage in the future. The reverse mortgage amortization schedule shows the interest, and total amount each month.

HECM Reverse Mortgage Calculator
Lump Sum Advance ($):
Loan Duration (Years):
Monthly Loan Advance ($):
Annual Interest Rate (%):

HECM Mortgage Calculator
Annual Interest Rate:	5.00%
Total Payments Received:	$510,000.00
Total Interest Accumulated:	$995,888.03
Ending Mortgage Balance:	$1,505,888.03

HECM Amortization Schedule

Year	Advances ($)	Interest ($)	Ending Balance ($)
1	12,000.00	8,004.30	170,004.30
2	12,000.00	9,027.76	191,032.06
3	12,000.00	10,103.58	213,135.64
4	12,000.00	11,234.44	236,370.08
5	12,000.00	12,423.16	260,793.24
6	12,000.00	13,672.69	286,465.94
7	12,000.00	14,986.16	313,452.10
8	12,000.00	16,366.82	341,818.92
9	12,000.00	17,818.12	371,637.04
10	12,000.00	19,343.67	402,980.71
11	12,000.00	20,947.28	435,927.99
12	12,000.00	22,632.92	470,560.91
13	12,000.00	24,404.81	506,965.72
14	12,000.00	26,267.35	545,233.06
15	12,000.00	28,225.18	585,458.24
16	12,000.00	30,283.17	627,741.41
17	12,000.00	32,446.46	672,187.87
18	12,000.00	34,720.42	718,908.29
19	12,000.00	37,110.73	768,019.02
20	12,000.00	39,623.33	819,642.35
21	12,000.00	42,264.48	873,906.83
22	12,000.00	45,040.75	930,947.58
23	12,000.00	47,959.06	990,906.64
24	12,000.00	51,026.68	1,053,933.32
25	12,000.00	54,251.25	1,120,184.57
26	12,000.00	57,640.79	1,189,825.35
27	12,000.00	61,203.74	1,263,029.09
28	12,000.00	64,948.98	1,339,978.08
29	12,000.00	68,885.84	1,420,863.91
30	12,000.00	73,024.11	1,505,888.03