HECM Calculator
Borrower's Age:
Expected Interest Rate (%):
Maximum Claim Amount (MCA) $:
Existing Mortgage Payoff $:
Closing Costs $:
Calculate
Results
Principal Limit Factor (PLF):
Principal Limit (PL):
$
Upfront MIP (2% of MCA):
$
Total Obligations:
$
Available Proceeds:
$
Annual MIP (0.5% of PL):
$