Property
Borrower
Loan Parameters
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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
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Est. Net Proceeds
After closing costs & payoff — based on Current Market rate scenario.
Available Equity
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Available Equity
Home value minus outstanding mortgage balance.
Monthly Payment
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Monthly Payment
No monthly mortgage payment required.
Closing Costs
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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 ↻
—
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. Rate scenarios are derived from the 10-Year Treasury Constant Maturity Rate (Federal Reserve/FRED) and Freddie Mac Primary Mortgage Market Survey (PMMS); rates update automatically and may not reflect same-day market conditions.
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
