For Financial Professional Use Only — Not for Consumer Distribution
Property
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Borrower
Loan Parameters
0%3.0%8%
ℹ Rate Scenarios
Results are calculated across three rate environments based on current market conditions (10-yr CMT ~4.3% + lender margins): Favorable 5.75%, Base 6.5%, Conservative 7.5%.
Disbursement Preference i
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Line of Credit
Draw funds as needed, any time. The unused portion grows automatically each year — the longer you wait, the more is available. Most flexible option.
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Lump Sum
All funds upfront in a single payment. Fixed interest rate. Best for clients with an immediate large need (payoff, medical, home repair). First-year draw limited to 60% by HUD.
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Monthly Tenure
Guaranteed equal monthly proceeds for life — as long as the borrower lives in the home. Proceeds continue even if the loan balance is exceeded. Acts like a private pension.
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Monthly Term
Equal monthly proceeds for a set number of months you choose. Stops at the end of the term. Ideal for bridging a specific gap — e.g., income from 65 to 70 while deferring Social Security.
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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
Base Scenario — Net PL
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After payoff & costs
Available Equity
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Before loan costs
LTV at Close (Base)
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Principal limit / value
Est. Closing Costs
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Approximation only — verify with lender
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.
Principal Limit — Three Rate Scenarios i
HECM vs. Proprietary / Jumbo Comparison i
Disbursement Analysis
Projected Loan Balance — 20-Year Outlook
Year
Home Value
Loan Balance
Remaining Equity
Equity %
Planning Insights iAI-Generated
Answer a few quick questions about your client's financial picture. The more context you provide, the more specific and actionable the planning insights will be.
💵 Primary income sources in retirement
Social Security onlySS + PensionSS + Investment PortfolioStill working / pre-retirementMinimal / income gap
📊 Estimated liquid / investable assets
Under $250K$250K – $750K$750K – $2M$2M+Unknown / prefer not to say
📉 Monthly cash flow situation
Significant shortfall — needs incomeSlight gap — some supplemental income neededComfortable — no immediate income needSurplus — planning / legacy focus
🏠 Legacy / estate intent for the home
Strong desire to leave home to heirsOpen to equity conversion — heirs secondaryNo heirs / estate not a concernHeirs exist but no strong preference yet
🏥 Long-term care / health planning
Has LTC insurancePlans to self-fund care costsNo LTC plan in placeActive health concerns / shorter horizon
Generating retirement planning insights for this scenario…
For advisor use only — not for distribution to clients. AI-generated analysis is for educational and planning conversation purposes only. Does not constitute financial, legal, or tax advice. Consult appropriate licensed professionals before making recommendations.
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.
Not a Loan Estimate or Offer of Credit. All figures presented are estimates for illustrative planning purposes only and do not constitute a Loan Estimate as defined under RESPA/Regulation Z, nor do they represent a commitment to lend, an offer of credit, or a guarantee of loan terms. Actual loan amounts, interest rates, principal limit factors, and closing costs will vary based on appraisal, lender selection, borrower qualification, and underwriting.
Principal Limit Approximations. Principal limit figures are calculated using an approximation of HUD's Principal Limit Factor (PLF) methodology and are not derived from actual HUD PLF tables or lender pricing systems. Results may differ materially from actual lender quotes. Always verify with a HUD-approved HECM lender for accurate figures.
Closing Cost Estimates. Estimated closing costs are broad approximations based on typical HECM cost structures and will vary significantly by loan amount, property location, lender, and title/settlement provider. These estimates should not be relied upon for client planning without verification from a licensed lender.
HUD Counseling Required. All HECM borrowers are required by federal law to complete counseling with a HUD-approved independent counselor prior to loan application. This requirement cannot be waived. Refer clients to HUD.gov or call 1-800-569-4287 to locate approved counselors.
Program Availability. HECM loans are insured by FHA and subject to HUD guidelines. Proprietary/jumbo reverse mortgage availability, terms, and minimum age requirements vary by lender and state and are not FHA-insured. Not all products are available in all states.
AI-Generated Content. Planning insights are generated by artificial intelligence for educational discussion purposes only. They do not constitute financial, investment, legal, or tax advice and should not be presented to clients as such.
This tool is provided for educational purposes and does not establish a lender-borrower relationship. Barrett Financial Group NMLS #181106. Zack Diener, Mortgage Broker, NMLS #470413. Licensing information available at NMLS Consumer Access (nmlsconsumeraccess.org).
Ready to explore home equity strategies for your client?
Connect with a retirement mortgage specialist — Zack Diener · Barrett Financial Group
