Barrett Financial Group
Home Equity & Retirement Planning Tool
Zack Diener, Loan Officer · NMLS #470413 · Barrett Financial Group NMLS #181106
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
ℹ H4P Rate Scenarios HECM for Purchase uses the same rate scenarios as refinance: Lower ~6.25%, Current ~6.625%, Higher ~7.375%. Conventional comparison uses current avg 30-yr rate for payment illustration only.
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Enter client details to begin

Complete the inputs on the left to generate a home equity scenario analysis for your client.

Client Scenario
Est. Net Proceeds (Current Market)
—
After payoff & costs
Available Equity
—
Home value minus existing mortgage
Principal Limit Factor
—
From HUD 2017 PLF table
Est. HECM Closing Costs
—
MIP + origination + third-party est.
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 1-800-569-4287.
Estimated Proceeds — Three Rate Scenarios i
Product Category Comparison i

Disbursement Analysis

20-Year Equity Outlook
Year Home Value Loan Balance Remaining Equity Equity %
Important Disclosures — For Financial Professional Use Only

Not for Consumer Distribution. This tool is intended solely for use by licensed financial professionals for educational and planning discussion purposes. It is not intended for distribution to consumers or prospective borrowers. Numbers shown are planning estimates — not quotes, rate locks, or loan commitments.

Not a Loan Estimate or Offer of Credit. All figures are estimates for illustrative planning purposes only and do not constitute a Loan Estimate under RESPA/Regulation Z or a commitment to lend. Actual amounts will vary based on appraisal, lender selection, borrower qualification, current rates, and underwriting.

Principal Limit Calculations. Principal limit figures are calculated using HUD’s 2017 Principal Limit Factor (PLF) tables, cross-validated against multiple lender illustrations (April 2026). Results are planning estimates and may differ from actual lender quotes due to margin selection, rate lock timing, and property-specific factors. Verify with a licensed HECM lender.

Closing Cost Estimates. HECM closing costs are estimated using the HUD-mandated formula (2% upfront MIP on MCA, origination fee capped at $6,000, plus third-party costs). Proprietary closing costs are estimated ranges. Actual costs vary by lender, location, and title provider.

HUD Counseling Required. All HECM borrowers are required by federal law to complete counseling with a HUD-approved independent counselor before application. This requirement cannot be waived. Direct clients to HUD.gov or 1-800-569-4287.

Program Availability. HECM is FHA-insured and subject to HUD guidelines. Proprietary reverse mortgage availability, terms, and minimum age requirements vary by lender and state. Not all products are available in all states. Age 62+ required for HECM; age 55+ for most proprietary products in Colorado and Hawaii.

AI-Generated Insights. Planning insights are generated by AI for educational discussion only. They do not constitute financial, investment, legal, or tax advice and should not be presented to clients as formal recommendations.

Barrett Financial Group NMLS #181106 · Zack Diener NMLS #470413 · Not affiliated with HUD, FHA, or any government agency · nmlsconsumeraccess.org

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Zachary Michael Diener | Loan Officer | NMLS #470413 | Barrett Financial Group, L.L.C. | NMLS #181106 | 2701 East Insight Way, Suite 150, Chandler, AZ 85286 | Licensed in CO & HI | Equal Housing Opportunity | Equal Housing Lender | This is not a commitment to lend. All loans are subject to credit approval. | This tool generates planning illustrations for licensed mortgage and financial professionals only. Not for consumer distribution.
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