Barrett Financial Group
Home Equity & Retirement Planning Tool
Zack Diener, Loan Officer · NMLS #470413 · Barrett Financial Group NMLS #181106


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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.




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
Est. Net Proceeds TAP ↻
Current Market rate
Est. Net Proceeds What's available after paying off any existing mortgage and estimated closing costs. Based on the Current Market rate scenario — see the three scenario cards below for the full range.
Available Equity TAP ↻
Home value minus mortgage
Available Equity Your client's home value minus any outstanding mortgage balance. This is the equity pool the reverse mortgage draws from — a higher equity position generally means more proceeds available.
Monthly Payment TAP ↻
No monthly payment required
Monthly Payment No monthly mortgage payment is required as long as the client lives in the home as their primary residence, maintains the property, and keeps taxes and insurance current.
Est. Closing Costs TAP ↻
Rolled into loan — no out-of-pocket
Est. Closing Costs Includes FHA upfront MIP (2% of max claim amount), origination fee (capped at $6,000 by HUD), and estimated third-party costs (title, appraisal, etc.). These are typically rolled into the loan — no cash out of pocket required 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 1-800-569-4287.
Estimated Proceeds — Three Rate Scenarios i
Product Category Comparison i

Disbursement Analysis

HECM for Purchase
$0
per month — for life
Conventional Mortgage
per month — 30-year fixed
HECM for Purchase TAP TO FLIP ↻
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 (20%)
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
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 1-800-569-4287.
All figures are planning estimates only — not quotes, rate locks, or commitments to lend. 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
20-Year Equity Outlook ▸ Show table
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

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