Archive for ‘Calculators’

Oct 31

A Reverse Mortgage Calculator is a great way to find out if a Reverse mortgage is right for you and lets you quickly play with the numbers to find the best rate, terms and providers. Below are 5 of the best Reverse Mortgage Calculators on the net.

#1 – AARP Reverse Mortgage Calculator

Probably the best reverse mortgage calculator on the net is the AARP.org version that allows you to enter your zip code to personalize the results. This calculator provides approximate estimates for two federally-insured reverse mortgages.

>> http://rmc.ibisreverse.com/rmc_pages/rmc_aarp/aarp_index.aspx

#2 – Calculator Plus Reverse Mortgage Calculator

In my opinion the second to best Reverse Mortgage Calculator on the net can be found at Calculator Plus. Not only will it give you some great numbers regarding your loan it will also give you a few charts and graphs that will help you make a great decision.

>> http://www.calculatorplus.com/mortgage/reverse_mortgage.html


#3 – Mortgage Sum

A great site with lots of mortgage calculators including a reverse mortgage calculator.

>> http://www.mortgagesum.com/

#4 – Shareware Island Loan Calculator

Kind of a weird place to find a reverse mortgage calculator but the tool at shareware island does the trick just fine. It will figure normal mortgages but also has an option to reverse the calculations.

>> http://www.sharewareisland.com/mortgagecalculator.aspx

#5 – All Reverse Mortgage Company

A quick and easy to use reverse mortgage calculator that will instantly show you your options. Has a handy feature that also takes into account your spouses date of birth.

>> http://www.allrmc.com/reverse_mortgage_calculator.php


Hopefully this list of the top 5 reverse mortgage calculators will help you on your way to successfully setting up your new reverse mortgage.