Property
Borrower
Loan Parameters
0%3.0%8%
ℹ Rate Scenarios
Results are shown across three planning scenarios based on current market conditions (10-yr CMT 4.38% + lender margins): Lower Rate ~6.25%, Current Market ~6.625%, Higher Rate ~7.375%. These are planning illustrations — not rate quotes.
Disbursement Preference i
New Home Being Purchased
Borrower
Funding Source (optional)
Loan Parameters
Rate Scenarios
HECM for Purchase uses the same rate scenarios as refinance: Lower ~6.25%, Current ~6.625%, Higher ~7.375%. Conventional comparison uses the 30-yr rate below for payment illustration only.
Enter client details to begin
Complete the inputs on the left to generate a home equity scenario analysis for your client.
Client Scenario
Net Proceeds
TAP ↻
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Est. Net Proceeds
After closing costs & payoff — based on Current Market rate scenario.
Available Equity
TAP ↻
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Available Equity
Home value minus outstanding mortgage balance.
Monthly Payment
TAP ↻
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Monthly Payment
No monthly mortgage payment required.
Closing Costs
TAP ↻
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Est. Closing Costs
Rolled into the loan — no out-of-pocket at closing.
Eligibility Snapshot i
⚖ Federal Requirement: HUD-Approved Counseling
All HECM borrowers must complete independent counseling with a HUD-approved counselor before application — this cannot be waived. Direct clients to HUD.gov or call 1-800-569-4287.
Estimated Proceeds — Three Rate Scenarios i
Product Category Comparison i
Disbursement Analysis
20-Year Equity Outlook
▸ Show table
HECM for Purchase
$0
per month — for life
Conventional Mortgage
—
per month — 30-year fixed
HECM for Purchase
TAP TO FLIP ↻
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Required down payment
Monthly Payment$0 / month
Annual Cash Freed Up—
10-Year Cash Flow—
HECM Principal Limit—
Est. Closing Costs—
Rate Sensitivity TAP TO FLIP ↻
Down Payment by Rate Scenario
🟢 Lower Rate (~6.25%)—
🔵 Current Market (~6.625%)—
🟠 Higher Rate (~7.375%)—
Why the difference?
A lower expected rate increases the principal limit — meaning more of the purchase price is covered by the loan, reducing what you bring to closing.
Conventional 30-Year
TAP TO FLIP ↻
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per month
Down Payment (matches HECM)—
Annual Cost—
10-Year Total Payments—
20-Year Total Payments—
True Cost of the Loan TAP TO FLIP ↻
What $X/month really costs over time
Loan Amount—
Total Interest (30 yr)—
Total Cost (principal + interest)—
With HECM — that money stays with you
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20-Year Equity Outlook
▸ Show table
Eligibility & Requirements
⚖ Federal Requirement: HUD-Approved Counseling
All H4P borrowers must complete independent counseling with a HUD-approved counselor before application — this cannot be waived. Direct clients to HUD.gov or call 1-800-569-4287.
Does home equity belong in your client’s plan?
Connect with Zack Diener to discuss whether this fits — Barrett Financial Group · NMLS #470413
All figures are planning estimates only — not quotes, rate locks, or commitments to lend. Actual amounts vary based on appraisal, lender selection, borrower qualification, and current rates. See footer for full disclosures.
Barrett Financial Group NMLS #181106 · Zack Diener NMLS #470413 · Not affiliated with HUD, FHA, or any government agency · nmlsconsumeraccess.org
Barrett Financial Group NMLS #181106 · Zack Diener NMLS #470413 · Not affiliated with HUD, FHA, or any government agency · nmlsconsumeraccess.org