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Reverse Mortgage Calculator
URL: http://www.rmaarp.com

Description:
"This calculator provides approximate estimates for two nationally available reverse mortgage programs." The two loan programs used for the estimates are the federally-insured Home Equity Conversion Mortgage (HECM), and the Home Keeper Mortgage from Fannie Mae. Calculations are based on the age of the homeowner, and the value and location of the home. Includes links to additional material about reverse mortgages. From AARP.

Publisher:
AARP

Extra Keywords
HECM loan American Association for Retired Persons retirement income

Library of Congress Subject Headings:
Home equity conversion
Mortgage loans, Reverse

LII Database Information:
Record 20041 created by Karen Schneider on 12/12/2005
Last modification on 12/14/2005
Published: 12/15/2005  
Funding agency: California State Library
LII Item ID: http://lii.org/cs/lii/view/item/20041