scenario stringlengths 32 34 | borrowerAge int64 62 85 | homeValue int64 200k 750k | existingMortgage int64 0 150k | hecm2026 dict | paymentOptions dict | keyBenefits listlengths 5 5 | requirements listlengths 4 4 | heirOptions listlengths 4 4 | insight stringlengths 92 99 | expert stringclasses 1
value | source stringclasses 1
value | lastUpdated timestamp[us]date 2026-01-15 00:00:00 2026-01-15 00:00:00 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Age 62, $200K home, $0K mortgage | 62 | 200,000 | 0 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 76000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
"netPrincipalLimit": 66000,
"availableAfterPayoff": 66000
} | {
"lumpSum": 39600,
"lineOfCredit": 66000,
"monthlyTenure": 550,
"monthlyTerm10Year": 550
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $66K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $200K home, $50K mortgage | 62 | 200,000 | 50,000 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 76000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
"netPrincipalLimit": 66000,
"availableAfterPayoff": 16000
} | {
"lumpSum": 9600,
"lineOfCredit": 16000,
"monthlyTenure": 133,
"monthlyTerm10Year": 133
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $300K home, $0K mortgage | 62 | 300,000 | 0 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 114000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 99000,
"availableAfterPayoff": 99000
} | {
"lumpSum": 59400,
"lineOfCredit": 99000,
"monthlyTenure": 825,
"monthlyTerm10Year": 825
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $99K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $300K home, $50K mortgage | 62 | 300,000 | 50,000 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 114000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 99000,
"availableAfterPayoff": 49000
} | {
"lumpSum": 29400,
"lineOfCredit": 49000,
"monthlyTenure": 408,
"monthlyTerm10Year": 408
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $300K home, $100K mortgage | 62 | 300,000 | 100,000 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 114000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 99000,
"availableAfterPayoff": 0
} | {
"lumpSum": 0,
"lineOfCredit": 0,
"monthlyTenure": 0,
"monthlyTerm10Year": 0
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $400K home, $0K mortgage | 62 | 400,000 | 0 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 152000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 132000,
"availableAfterPayoff": 132000
} | {
"lumpSum": 79200,
"lineOfCredit": 132000,
"monthlyTenure": 1100,
"monthlyTerm10Year": 1100
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $132K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $400K home, $50K mortgage | 62 | 400,000 | 50,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 152000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 132000,
"availableAfterPayoff": 82000
} | {
"lumpSum": 49200,
"lineOfCredit": 82000,
"monthlyTenure": 683,
"monthlyTerm10Year": 683
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $82K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $400K home, $100K mortgage | 62 | 400,000 | 100,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 152000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 132000,
"availableAfterPayoff": 32000
} | {
"lumpSum": 19200,
"lineOfCredit": 32000,
"monthlyTenure": 267,
"monthlyTerm10Year": 267
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $400K home, $150K mortgage | 62 | 400,000 | 150,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 152000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 132000,
"availableAfterPayoff": 0
} | {
"lumpSum": 0,
"lineOfCredit": 0,
"monthlyTenure": 0,
"monthlyTerm10Year": 0
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $500K home, $0K mortgage | 62 | 500,000 | 0 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 190000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 165000,
"availableAfterPayoff": 165000
} | {
"lumpSum": 99000,
"lineOfCredit": 165000,
"monthlyTenure": 1375,
"monthlyTerm10Year": 1375
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $165K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $500K home, $50K mortgage | 62 | 500,000 | 50,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 190000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 165000,
"availableAfterPayoff": 115000
} | {
"lumpSum": 69000,
"lineOfCredit": 115000,
"monthlyTenure": 958,
"monthlyTerm10Year": 958
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $115K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $500K home, $100K mortgage | 62 | 500,000 | 100,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 190000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 165000,
"availableAfterPayoff": 65000
} | {
"lumpSum": 39000,
"lineOfCredit": 65000,
"monthlyTenure": 542,
"monthlyTerm10Year": 542
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $65K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $500K home, $150K mortgage | 62 | 500,000 | 150,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 190000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 165000,
"availableAfterPayoff": 15000
} | {
"lumpSum": 9000,
"lineOfCredit": 15000,
"monthlyTenure": 125,
"monthlyTerm10Year": 125
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $750K home, $0K mortgage | 62 | 750,000 | 0 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 285000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 247500,
"availableAfterPayoff": 247500
} | {
"lumpSum": 148500,
"lineOfCredit": 247500,
"monthlyTenure": 2063,
"monthlyTerm10Year": 2063
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $248K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $750K home, $50K mortgage | 62 | 750,000 | 50,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 285000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 247500,
"availableAfterPayoff": 197500
} | {
"lumpSum": 118500,
"lineOfCredit": 197500,
"monthlyTenure": 1646,
"monthlyTerm10Year": 1646
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $198K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $750K home, $100K mortgage | 62 | 750,000 | 100,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 285000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 247500,
"availableAfterPayoff": 147500
} | {
"lumpSum": 88500,
"lineOfCredit": 147500,
"monthlyTenure": 1229,
"monthlyTerm10Year": 1229
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $148K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $750K home, $150K mortgage | 62 | 750,000 | 150,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 285000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 247500,
"availableAfterPayoff": 97500
} | {
"lumpSum": 58500,
"lineOfCredit": 97500,
"monthlyTenure": 813,
"monthlyTerm10Year": 813
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $98K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $200K home, $0K mortgage | 65 | 200,000 | 0 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.42,
"initialPrincipalLimit": 84000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
"netPrincipalLimit": 74000,
"availableAfterPayoff": 74000
} | {
"lumpSum": 44400,
"lineOfCredit": 74000,
"monthlyTenure": 617,
"monthlyTerm10Year": 617
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $74K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $200K home, $50K mortgage | 65 | 200,000 | 50,000 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.42,
"initialPrincipalLimit": 84000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
"netPrincipalLimit": 74000,
"availableAfterPayoff": 24000
} | {
"lumpSum": 14400,
"lineOfCredit": 24000,
"monthlyTenure": 200,
"monthlyTerm10Year": 200
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $300K home, $0K mortgage | 65 | 300,000 | 0 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.42,
"initialPrincipalLimit": 126000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 111000,
"availableAfterPayoff": 111000
} | {
"lumpSum": 66600,
"lineOfCredit": 111000,
"monthlyTenure": 925,
"monthlyTerm10Year": 925
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $111K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $300K home, $50K mortgage | 65 | 300,000 | 50,000 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.42,
"initialPrincipalLimit": 126000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 111000,
"availableAfterPayoff": 61000
} | {
"lumpSum": 36600,
"lineOfCredit": 61000,
"monthlyTenure": 508,
"monthlyTerm10Year": 508
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $61K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $300K home, $100K mortgage | 65 | 300,000 | 100,000 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.42,
"initialPrincipalLimit": 126000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 111000,
"availableAfterPayoff": 11000
} | {
"lumpSum": 6600,
"lineOfCredit": 11000,
"monthlyTenure": 92,
"monthlyTerm10Year": 92
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $400K home, $0K mortgage | 65 | 400,000 | 0 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.42,
"initialPrincipalLimit": 168000,
"upfrontMIP": 8000,
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} | {
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"Walk away with no debt if underwater (non-recourse)"
] | With $148K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $400K home, $50K mortgage | 65 | 400,000 | 50,000 | {
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} | {
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"Walk away with no debt if underwater (non-recourse)"
] | With $98K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $400K home, $100K mortgage | 65 | 400,000 | 100,000 | {
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} | {
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} | [
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] | [
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"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $400K home, $150K mortgage | 65 | 400,000 | 150,000 | {
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} | {
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} | [
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] | [
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] | [
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"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $500K home, $0K mortgage | 65 | 500,000 | 0 | {
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} | {
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} | [
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"Walk away with no debt if underwater (non-recourse)"
] | With $185K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $500K home, $50K mortgage | 65 | 500,000 | 50,000 | {
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} | {
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $135K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $500K home, $100K mortgage | 65 | 500,000 | 100,000 | {
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} | {
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $85K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $500K home, $150K mortgage | 65 | 500,000 | 150,000 | {
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} | {
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} | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $750K home, $0K mortgage | 65 | 750,000 | 0 | {
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} | {
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} | [
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] | With $278K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $750K home, $50K mortgage | 65 | 750,000 | 50,000 | {
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} | {
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"Walk away with no debt if underwater (non-recourse)"
] | With $228K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $750K home, $100K mortgage | 65 | 750,000 | 100,000 | {
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} | {
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $178K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 65, $750K home, $150K mortgage | 65 | 750,000 | 150,000 | {
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} | {
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} | [
"No monthly mortgage payments required",
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] | [
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $128K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $200K home, $0K mortgage | 70 | 200,000 | 0 | {
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} | {
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} | [
"No monthly mortgage payments required",
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] | [
"Must be 62 or older",
"Must be primary residence",
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $86K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $200K home, $50K mortgage | 70 | 200,000 | 50,000 | {
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} | {
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"monthlyTenure": 300,
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} | [
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] | [
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $300K home, $0K mortgage | 70 | 300,000 | 0 | {
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} | {
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} | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $129K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $300K home, $50K mortgage | 70 | 300,000 | 50,000 | {
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} | {
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} | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $79K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $300K home, $100K mortgage | 70 | 300,000 | 100,000 | {
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"initialPrincipalLimit": 144000,
"upfrontMIP": 6000,
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} | {
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} | [
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $400K home, $0K mortgage | 70 | 400,000 | 0 | {
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"initialPrincipalLimit": 192000,
"upfrontMIP": 8000,
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} | {
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"monthlyTenure": 1433,
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} | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $172K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $400K home, $50K mortgage | 70 | 400,000 | 50,000 | {
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"initialPrincipalLimit": 192000,
"upfrontMIP": 8000,
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} | {
"lumpSum": 73200,
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} | [
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] | [
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $122K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $400K home, $100K mortgage | 70 | 400,000 | 100,000 | {
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"initialPrincipalLimit": 192000,
"upfrontMIP": 8000,
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} | {
"lumpSum": 43200,
"lineOfCredit": 72000,
"monthlyTenure": 600,
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} | [
"No monthly mortgage payments required",
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] | [
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"Must be primary residence",
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] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $72K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $400K home, $150K mortgage | 70 | 400,000 | 150,000 | {
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"initialPrincipalLimit": 192000,
"upfrontMIP": 8000,
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} | {
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} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $500K home, $0K mortgage | 70 | 500,000 | 0 | {
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"initialPrincipalLimit": 240000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
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} | {
"lumpSum": 129000,
"lineOfCredit": 215000,
"monthlyTenure": 1792,
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} | [
"No monthly mortgage payments required",
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"Non-recourse loan - never owe more than home value",
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] | [
"Must be 62 or older",
"Must be primary residence",
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] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $215K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $500K home, $50K mortgage | 70 | 500,000 | 50,000 | {
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} | {
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} | [
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] | [
"Must be 62 or older",
"Must be primary residence",
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"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $165K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $500K home, $100K mortgage | 70 | 500,000 | 100,000 | {
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"initialPrincipalLimit": 240000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
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} | {
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"lineOfCredit": 115000,
"monthlyTenure": 958,
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} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $115K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $500K home, $150K mortgage | 70 | 500,000 | 150,000 | {
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"initialPrincipalLimit": 240000,
"upfrontMIP": 10000,
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} | {
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"lineOfCredit": 65000,
"monthlyTenure": 542,
"monthlyTerm10Year": 542
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $65K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $750K home, $0K mortgage | 70 | 750,000 | 0 | {
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"principalLimitFactor": 0.48,
"initialPrincipalLimit": 360000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
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} | {
"lumpSum": 193500,
"lineOfCredit": 322500,
"monthlyTenure": 2688,
"monthlyTerm10Year": 2688
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $323K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $750K home, $50K mortgage | 70 | 750,000 | 50,000 | {
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"principalLimitFactor": 0.48,
"initialPrincipalLimit": 360000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
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} | {
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"lineOfCredit": 272500,
"monthlyTenure": 2271,
"monthlyTerm10Year": 2271
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $273K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $750K home, $100K mortgage | 70 | 750,000 | 100,000 | {
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"initialPrincipalLimit": 360000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
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} | {
"lumpSum": 133500,
"lineOfCredit": 222500,
"monthlyTenure": 1854,
"monthlyTerm10Year": 1854
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $223K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 70, $750K home, $150K mortgage | 70 | 750,000 | 150,000 | {
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"principalLimitFactor": 0.48,
"initialPrincipalLimit": 360000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
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"availableAfterPayoff": 172500
} | {
"lumpSum": 103500,
"lineOfCredit": 172500,
"monthlyTenure": 1438,
"monthlyTerm10Year": 1438
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $173K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $200K home, $0K mortgage | 75 | 200,000 | 0 | {
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"principalLimitFactor": 0.54,
"initialPrincipalLimit": 108000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
"netPrincipalLimit": 98000,
"availableAfterPayoff": 98000
} | {
"lumpSum": 58800,
"lineOfCredit": 98000,
"monthlyTenure": 817,
"monthlyTerm10Year": 817
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $98K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $200K home, $50K mortgage | 75 | 200,000 | 50,000 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 108000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
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"availableAfterPayoff": 48000
} | {
"lumpSum": 28800,
"lineOfCredit": 48000,
"monthlyTenure": 400,
"monthlyTerm10Year": 400
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $300K home, $0K mortgage | 75 | 300,000 | 0 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 162000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
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} | {
"lumpSum": 88200,
"lineOfCredit": 147000,
"monthlyTenure": 1225,
"monthlyTerm10Year": 1225
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $147K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $300K home, $50K mortgage | 75 | 300,000 | 50,000 | {
"maxClaimAmount": 300000,
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"initialPrincipalLimit": 162000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
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} | {
"lumpSum": 58200,
"lineOfCredit": 97000,
"monthlyTenure": 808,
"monthlyTerm10Year": 808
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $97K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $300K home, $100K mortgage | 75 | 300,000 | 100,000 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 162000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
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} | {
"lumpSum": 28200,
"lineOfCredit": 47000,
"monthlyTenure": 392,
"monthlyTerm10Year": 392
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $400K home, $0K mortgage | 75 | 400,000 | 0 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 216000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 196000,
"availableAfterPayoff": 196000
} | {
"lumpSum": 117600,
"lineOfCredit": 196000,
"monthlyTenure": 1633,
"monthlyTerm10Year": 1633
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $196K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $400K home, $50K mortgage | 75 | 400,000 | 50,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 216000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
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"availableAfterPayoff": 146000
} | {
"lumpSum": 87600,
"lineOfCredit": 146000,
"monthlyTenure": 1217,
"monthlyTerm10Year": 1217
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $146K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $400K home, $100K mortgage | 75 | 400,000 | 100,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 216000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
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"availableAfterPayoff": 96000
} | {
"lumpSum": 57600,
"lineOfCredit": 96000,
"monthlyTenure": 800,
"monthlyTerm10Year": 800
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $96K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $400K home, $150K mortgage | 75 | 400,000 | 150,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 216000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 196000,
"availableAfterPayoff": 46000
} | {
"lumpSum": 27600,
"lineOfCredit": 46000,
"monthlyTenure": 383,
"monthlyTerm10Year": 383
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $500K home, $0K mortgage | 75 | 500,000 | 0 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 270000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 245000,
"availableAfterPayoff": 245000
} | {
"lumpSum": 147000,
"lineOfCredit": 245000,
"monthlyTenure": 2042,
"monthlyTerm10Year": 2042
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $245K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $500K home, $50K mortgage | 75 | 500,000 | 50,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 270000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 245000,
"availableAfterPayoff": 195000
} | {
"lumpSum": 117000,
"lineOfCredit": 195000,
"monthlyTenure": 1625,
"monthlyTerm10Year": 1625
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $195K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $500K home, $100K mortgage | 75 | 500,000 | 100,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 270000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 245000,
"availableAfterPayoff": 145000
} | {
"lumpSum": 87000,
"lineOfCredit": 145000,
"monthlyTenure": 1208,
"monthlyTerm10Year": 1208
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $145K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $500K home, $150K mortgage | 75 | 500,000 | 150,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 270000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 245000,
"availableAfterPayoff": 95000
} | {
"lumpSum": 57000,
"lineOfCredit": 95000,
"monthlyTenure": 792,
"monthlyTerm10Year": 792
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $95K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $750K home, $0K mortgage | 75 | 750,000 | 0 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 405000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 367500,
"availableAfterPayoff": 367500
} | {
"lumpSum": 220500,
"lineOfCredit": 367500,
"monthlyTenure": 3063,
"monthlyTerm10Year": 3063
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $368K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $750K home, $50K mortgage | 75 | 750,000 | 50,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 405000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 367500,
"availableAfterPayoff": 317500
} | {
"lumpSum": 190500,
"lineOfCredit": 317500,
"monthlyTenure": 2646,
"monthlyTerm10Year": 2646
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $318K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $750K home, $100K mortgage | 75 | 750,000 | 100,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 405000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 367500,
"availableAfterPayoff": 267500
} | {
"lumpSum": 160500,
"lineOfCredit": 267500,
"monthlyTenure": 2229,
"monthlyTerm10Year": 2229
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $268K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 75, $750K home, $150K mortgage | 75 | 750,000 | 150,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.54,
"initialPrincipalLimit": 405000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 367500,
"availableAfterPayoff": 217500
} | {
"lumpSum": 130500,
"lineOfCredit": 217500,
"monthlyTenure": 1813,
"monthlyTerm10Year": 1813
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $218K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $200K home, $0K mortgage | 80 | 200,000 | 0 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 120000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
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} | {
"lumpSum": 66000,
"lineOfCredit": 110000,
"monthlyTenure": 917,
"monthlyTerm10Year": 917
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $110K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $200K home, $50K mortgage | 80 | 200,000 | 50,000 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 120000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
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"availableAfterPayoff": 60000
} | {
"lumpSum": 36000,
"lineOfCredit": 60000,
"monthlyTenure": 500,
"monthlyTerm10Year": 500
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $60K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $300K home, $0K mortgage | 80 | 300,000 | 0 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 180000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 165000,
"availableAfterPayoff": 165000
} | {
"lumpSum": 99000,
"lineOfCredit": 165000,
"monthlyTenure": 1375,
"monthlyTerm10Year": 1375
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $165K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $300K home, $50K mortgage | 80 | 300,000 | 50,000 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 180000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 165000,
"availableAfterPayoff": 115000
} | {
"lumpSum": 69000,
"lineOfCredit": 115000,
"monthlyTenure": 958,
"monthlyTerm10Year": 958
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $115K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $300K home, $100K mortgage | 80 | 300,000 | 100,000 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 180000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 165000,
"availableAfterPayoff": 65000
} | {
"lumpSum": 39000,
"lineOfCredit": 65000,
"monthlyTenure": 542,
"monthlyTerm10Year": 542
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $65K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $400K home, $0K mortgage | 80 | 400,000 | 0 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 240000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 220000,
"availableAfterPayoff": 220000
} | {
"lumpSum": 132000,
"lineOfCredit": 220000,
"monthlyTenure": 1833,
"monthlyTerm10Year": 1833
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $220K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $400K home, $50K mortgage | 80 | 400,000 | 50,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 240000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
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"availableAfterPayoff": 170000
} | {
"lumpSum": 102000,
"lineOfCredit": 170000,
"monthlyTenure": 1417,
"monthlyTerm10Year": 1417
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $170K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $400K home, $100K mortgage | 80 | 400,000 | 100,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 240000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
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"availableAfterPayoff": 120000
} | {
"lumpSum": 72000,
"lineOfCredit": 120000,
"monthlyTenure": 1000,
"monthlyTerm10Year": 1000
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $120K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $400K home, $150K mortgage | 80 | 400,000 | 150,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 240000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 220000,
"availableAfterPayoff": 70000
} | {
"lumpSum": 42000,
"lineOfCredit": 70000,
"monthlyTenure": 583,
"monthlyTerm10Year": 583
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $70K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $500K home, $0K mortgage | 80 | 500,000 | 0 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 300000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 275000,
"availableAfterPayoff": 275000
} | {
"lumpSum": 165000,
"lineOfCredit": 275000,
"monthlyTenure": 2292,
"monthlyTerm10Year": 2292
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $275K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $500K home, $50K mortgage | 80 | 500,000 | 50,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 300000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
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"availableAfterPayoff": 225000
} | {
"lumpSum": 135000,
"lineOfCredit": 225000,
"monthlyTenure": 1875,
"monthlyTerm10Year": 1875
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $225K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $500K home, $100K mortgage | 80 | 500,000 | 100,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 300000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 275000,
"availableAfterPayoff": 175000
} | {
"lumpSum": 105000,
"lineOfCredit": 175000,
"monthlyTenure": 1458,
"monthlyTerm10Year": 1458
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $175K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $500K home, $150K mortgage | 80 | 500,000 | 150,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 300000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 275000,
"availableAfterPayoff": 125000
} | {
"lumpSum": 75000,
"lineOfCredit": 125000,
"monthlyTenure": 1042,
"monthlyTerm10Year": 1042
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $125K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $750K home, $0K mortgage | 80 | 750,000 | 0 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 450000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 412500,
"availableAfterPayoff": 412500
} | {
"lumpSum": 247500,
"lineOfCredit": 412500,
"monthlyTenure": 3438,
"monthlyTerm10Year": 3438
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $413K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $750K home, $50K mortgage | 80 | 750,000 | 50,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 450000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 412500,
"availableAfterPayoff": 362500
} | {
"lumpSum": 217500,
"lineOfCredit": 362500,
"monthlyTenure": 3021,
"monthlyTerm10Year": 3021
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $363K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $750K home, $100K mortgage | 80 | 750,000 | 100,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 450000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 412500,
"availableAfterPayoff": 312500
} | {
"lumpSum": 187500,
"lineOfCredit": 312500,
"monthlyTenure": 2604,
"monthlyTerm10Year": 2604
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $313K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 80, $750K home, $150K mortgage | 80 | 750,000 | 150,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.6,
"initialPrincipalLimit": 450000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 412500,
"availableAfterPayoff": 262500
} | {
"lumpSum": 157500,
"lineOfCredit": 262500,
"monthlyTenure": 2188,
"monthlyTerm10Year": 2188
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $263K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $200K home, $0K mortgage | 85 | 200,000 | 0 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 132000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
"netPrincipalLimit": 122000,
"availableAfterPayoff": 122000
} | {
"lumpSum": 73200,
"lineOfCredit": 122000,
"monthlyTenure": 1017,
"monthlyTerm10Year": 1017
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $122K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $200K home, $50K mortgage | 85 | 200,000 | 50,000 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 132000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
"netPrincipalLimit": 122000,
"availableAfterPayoff": 72000
} | {
"lumpSum": 43200,
"lineOfCredit": 72000,
"monthlyTenure": 600,
"monthlyTerm10Year": 600
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $72K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $300K home, $0K mortgage | 85 | 300,000 | 0 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 198000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 183000,
"availableAfterPayoff": 183000
} | {
"lumpSum": 109800,
"lineOfCredit": 183000,
"monthlyTenure": 1525,
"monthlyTerm10Year": 1525
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $183K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $300K home, $50K mortgage | 85 | 300,000 | 50,000 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 198000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 183000,
"availableAfterPayoff": 133000
} | {
"lumpSum": 79800,
"lineOfCredit": 133000,
"monthlyTenure": 1108,
"monthlyTerm10Year": 1108
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $133K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $300K home, $100K mortgage | 85 | 300,000 | 100,000 | {
"maxClaimAmount": 300000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 198000,
"upfrontMIP": 6000,
"estimatedClosingCosts": 9000,
"netPrincipalLimit": 183000,
"availableAfterPayoff": 83000
} | {
"lumpSum": 49800,
"lineOfCredit": 83000,
"monthlyTenure": 692,
"monthlyTerm10Year": 692
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $83K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $400K home, $0K mortgage | 85 | 400,000 | 0 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 264000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 244000,
"availableAfterPayoff": 244000
} | {
"lumpSum": 146400,
"lineOfCredit": 244000,
"monthlyTenure": 2033,
"monthlyTerm10Year": 2033
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $244K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $400K home, $50K mortgage | 85 | 400,000 | 50,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 264000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 244000,
"availableAfterPayoff": 194000
} | {
"lumpSum": 116400,
"lineOfCredit": 194000,
"monthlyTenure": 1617,
"monthlyTerm10Year": 1617
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $194K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $400K home, $100K mortgage | 85 | 400,000 | 100,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 264000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 244000,
"availableAfterPayoff": 144000
} | {
"lumpSum": 86400,
"lineOfCredit": 144000,
"monthlyTenure": 1200,
"monthlyTerm10Year": 1200
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $144K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $400K home, $150K mortgage | 85 | 400,000 | 150,000 | {
"maxClaimAmount": 400000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 264000,
"upfrontMIP": 8000,
"estimatedClosingCosts": 12000,
"netPrincipalLimit": 244000,
"availableAfterPayoff": 94000
} | {
"lumpSum": 56400,
"lineOfCredit": 94000,
"monthlyTenure": 783,
"monthlyTerm10Year": 783
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $94K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $500K home, $0K mortgage | 85 | 500,000 | 0 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 330000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 305000,
"availableAfterPayoff": 305000
} | {
"lumpSum": 183000,
"lineOfCredit": 305000,
"monthlyTenure": 2542,
"monthlyTerm10Year": 2542
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $305K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $500K home, $50K mortgage | 85 | 500,000 | 50,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 330000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 305000,
"availableAfterPayoff": 255000
} | {
"lumpSum": 153000,
"lineOfCredit": 255000,
"monthlyTenure": 2125,
"monthlyTerm10Year": 2125
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $255K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $500K home, $100K mortgage | 85 | 500,000 | 100,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 330000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 305000,
"availableAfterPayoff": 205000
} | {
"lumpSum": 123000,
"lineOfCredit": 205000,
"monthlyTenure": 1708,
"monthlyTerm10Year": 1708
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $205K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $500K home, $150K mortgage | 85 | 500,000 | 150,000 | {
"maxClaimAmount": 500000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 330000,
"upfrontMIP": 10000,
"estimatedClosingCosts": 15000,
"netPrincipalLimit": 305000,
"availableAfterPayoff": 155000
} | {
"lumpSum": 93000,
"lineOfCredit": 155000,
"monthlyTenure": 1292,
"monthlyTerm10Year": 1292
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $155K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $750K home, $0K mortgage | 85 | 750,000 | 0 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 495000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 457500,
"availableAfterPayoff": 457500
} | {
"lumpSum": 274500,
"lineOfCredit": 457500,
"monthlyTenure": 3813,
"monthlyTerm10Year": 3813
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $458K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 85, $750K home, $50K mortgage | 85 | 750,000 | 50,000 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.66,
"initialPrincipalLimit": 495000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 457500,
"availableAfterPayoff": 407500
} | {
"lumpSum": 244500,
"lineOfCredit": 407500,
"monthlyTenure": 3396,
"monthlyTerm10Year": 3396
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $408K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
End of preview. Expand in Data Studio
Reverse Mortgage (HECM) Scenarios 2026
Pre-calculated reverse mortgage scenarios for 102 combinations of age (62-85), home value ($200K-$750K), and existing mortgage balance. Includes principal limits, payment options, and heir considerations.
2026 HECM Limit
Maximum claim amount: $1,149,825
Key Benefits
- No monthly mortgage payments required
- You retain full ownership
- Non-recourse protection
- Tax-free proceeds
Expert
Wendy Thompson, CDLP
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