HECM FHA REVERSE
MORTGAGE
LOC CALCULATOR
© 2024
Input Loan
Parameters
Intitial Property Vaule
$
Expected Interest Rate (CMT)
7.000
3.000
3.125
3.250
3.375
3.500
3.625
3.750
3.875
4.000
4.125
4.250
4.375
4.500
4.625
4.750
4.875
5.000
5.125
5.250
5.375
5.500
5.625
5.750
5.875
6.000
6.125
6.250
6.375
6.500
6.625
6.750
6.875
7.000
7.125
7.250
7.375
7.500
7.625
7.750
7.875
8.000
%
Expected Appreciation
%
Liens Payoff
$
Age of Youngest Borrower
MIP (Upfront Mortgage Ins.)
%
MIP (Ongoing Mortgage Ins.)
%
Closing Costs (Exclusive of MIP)
%
This model is only appropriate for a reverse variable rate LOC loan.
