scenario stringlengths 32 34 | borrowerAge int64 62 85 | homeValue int64 150k 750k | existingMortgage int64 0 200k | hecm2026 dict | paymentOptions dict | keyBenefits listlengths 5 5 | requirements listlengths 4 4 | heirOptions listlengths 4 4 | insight stringlengths 84 99 | expert stringclasses 1
value | source stringclasses 1
value | lastUpdated timestamp[s]date 2026-01-15 00:00:00 2026-01-15 00:00:00 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Age 62, $150K home, $0K mortgage | 62 | 150,000 | 0 | {
"maxClaimAmount": 150000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 57000,
"upfrontMIP": 3000,
"estimatedClosingCosts": 4500,
"netPrincipalLimit": 49500,
"availableAfterPayoff": 49500
} | {
"lumpSum": 29700,
"lineOfCredit": 49500,
"monthlyTenure": 413,
"monthlyTerm10Year": 413
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | At age 62, you can access up to $50K from your home equity without monthly payments. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $150K home, $50K mortgage | 62 | 150,000 | 50,000 | {
"maxClaimAmount": 150000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 57000,
"upfrontMIP": 3000,
"estimatedClosingCosts": 4500,
"netPrincipalLimit": 49500,
"availableAfterPayoff": 0
} | {
"lumpSum": 0,
"lineOfCredit": 0,
"monthlyTenure": 0,
"monthlyTerm10Year": 0
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $200K home, $0K mortgage | 62 | 200,000 | 0 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 76000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
"netPrincipalLimit": 66000,
"availableAfterPayoff": 66000
} | {
"lumpSum": 39600,
"lineOfCredit": 66000,
"monthlyTenure": 550,
"monthlyTerm10Year": 550
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $66K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $200K home, $50K mortgage | 62 | 200,000 | 50,000 | {
"maxClaimAmount": 200000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 76000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
"netPrincipalLimit": 66000,
"availableAfterPayoff": 16000
} | {
"lumpSum": 9600,
"lineOfCredit": 16000,
"monthlyTenure": 133,
"monthlyTerm10Year": 133
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $275K home, $0K mortgage | 62 | 275,000 | 0 | {
"maxClaimAmount": 275000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 104500,
"upfrontMIP": 5500,
"estimatedClosingCosts": 8250,
"netPrincipalLimit": 90750,
"availableAfterPayoff": 90750
} | {
"lumpSum": 54450,
"lineOfCredit": 90750,
"monthlyTenure": 756,
"monthlyTerm10Year": 756
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $91K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $275K home, $50K mortgage | 62 | 275,000 | 50,000 | {
"maxClaimAmount": 275000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 104500,
"upfrontMIP": 5500,
"estimatedClosingCosts": 8250,
"netPrincipalLimit": 90750,
"availableAfterPayoff": 40750
} | {
"lumpSum": 24450,
"lineOfCredit": 40750,
"monthlyTenure": 340,
"monthlyTerm10Year": 340
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $275K home, $100K mortgage | 62 | 275,000 | 100,000 | {
"maxClaimAmount": 275000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 104500,
"upfrontMIP": 5500,
"estimatedClosingCosts": 8250,
"netPrincipalLimit": 90750,
"availableAfterPayoff": 0
} | {
"lumpSum": 0,
"lineOfCredit": 0,
"monthlyTenure": 0,
"monthlyTerm10Year": 0
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $350K home, $0K mortgage | 62 | 350,000 | 0 | {
"maxClaimAmount": 350000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 133000,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
"netPrincipalLimit": 115500,
"availableAfterPayoff": 115500
} | {
"lumpSum": 69300,
"lineOfCredit": 115500,
"monthlyTenure": 963,
"monthlyTerm10Year": 963
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $116K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $350K home, $50K mortgage | 62 | 350,000 | 50,000 | {
"maxClaimAmount": 350000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 133000,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
"netPrincipalLimit": 115500,
"availableAfterPayoff": 65500
} | {
"lumpSum": 39300,
"lineOfCredit": 65500,
"monthlyTenure": 546,
"monthlyTerm10Year": 546
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $66K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $350K home, $100K mortgage | 62 | 350,000 | 100,000 | {
"maxClaimAmount": 350000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 133000,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
"netPrincipalLimit": 115500,
"availableAfterPayoff": 15500
} | {
"lumpSum": 9300,
"lineOfCredit": 15500,
"monthlyTenure": 129,
"monthlyTerm10Year": 129
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $350K home, $150K mortgage | 62 | 350,000 | 150,000 | {
"maxClaimAmount": 350000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 133000,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
"netPrincipalLimit": 115500,
"availableAfterPayoff": 0
} | {
"lumpSum": 0,
"lineOfCredit": 0,
"monthlyTenure": 0,
"monthlyTerm10Year": 0
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $450K home, $0K mortgage | 62 | 450,000 | 0 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 171000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 148500,
"availableAfterPayoff": 148500
} | {
"lumpSum": 89100,
"lineOfCredit": 148500,
"monthlyTenure": 1238,
"monthlyTerm10Year": 1238
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $149K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $450K home, $50K mortgage | 62 | 450,000 | 50,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 171000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 148500,
"availableAfterPayoff": 98500
} | {
"lumpSum": 59100,
"lineOfCredit": 98500,
"monthlyTenure": 821,
"monthlyTerm10Year": 821
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $99K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $450K home, $100K mortgage | 62 | 450,000 | 100,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 171000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 148500,
"availableAfterPayoff": 48500
} | {
"lumpSum": 29100,
"lineOfCredit": 48500,
"monthlyTenure": 404,
"monthlyTerm10Year": 404
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $450K home, $150K mortgage | 62 | 450,000 | 150,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 171000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 148500,
"availableAfterPayoff": 0
} | {
"lumpSum": 0,
"lineOfCredit": 0,
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} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $450K home, $200K mortgage | 62 | 450,000 | 200,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 171000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 148500,
"availableAfterPayoff": 0
} | {
"lumpSum": 0,
"lineOfCredit": 0,
"monthlyTenure": 0,
"monthlyTerm10Year": 0
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $200K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $550K home, $0K mortgage | 62 | 550,000 | 0 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 209000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
"netPrincipalLimit": 181500,
"availableAfterPayoff": 181500
} | {
"lumpSum": 108900,
"lineOfCredit": 181500,
"monthlyTenure": 1513,
"monthlyTerm10Year": 1513
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $182K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $550K home, $50K mortgage | 62 | 550,000 | 50,000 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 209000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
"netPrincipalLimit": 181500,
"availableAfterPayoff": 131500
} | {
"lumpSum": 78900,
"lineOfCredit": 131500,
"monthlyTenure": 1096,
"monthlyTerm10Year": 1096
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $132K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $550K home, $100K mortgage | 62 | 550,000 | 100,000 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 209000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
"netPrincipalLimit": 181500,
"availableAfterPayoff": 81500
} | {
"lumpSum": 48900,
"lineOfCredit": 81500,
"monthlyTenure": 679,
"monthlyTerm10Year": 679
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $82K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $550K home, $150K mortgage | 62 | 550,000 | 150,000 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 209000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
"netPrincipalLimit": 181500,
"availableAfterPayoff": 31500
} | {
"lumpSum": 18900,
"lineOfCredit": 31500,
"monthlyTenure": 263,
"monthlyTerm10Year": 263
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $550K home, $200K mortgage | 62 | 550,000 | 200,000 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 209000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
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"availableAfterPayoff": 0
} | {
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} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $200K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $750K home, $0K mortgage | 62 | 750,000 | 0 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.38,
"initialPrincipalLimit": 285000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 247500,
"availableAfterPayoff": 247500
} | {
"lumpSum": 148500,
"lineOfCredit": 247500,
"monthlyTenure": 2063,
"monthlyTerm10Year": 2063
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $248K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $750K home, $50K mortgage | 62 | 750,000 | 50,000 | {
"maxClaimAmount": 750000,
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"Walk away with no debt if underwater (non-recourse)"
] | With $198K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $750K home, $100K mortgage | 62 | 750,000 | 100,000 | {
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] | With $148K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $750K home, $150K mortgage | 62 | 750,000 | 150,000 | {
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] | With $98K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 62, $750K home, $200K mortgage | 62 | 750,000 | 200,000 | {
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] | A reverse mortgage would eliminate your $200K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $150K home, $0K mortgage | 64 | 150,000 | 0 | {
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} | {
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] | With $53K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $150K home, $50K mortgage | 64 | 150,000 | 50,000 | {
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] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $200K home, $0K mortgage | 64 | 200,000 | 0 | {
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] | With $70K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $200K home, $50K mortgage | 64 | 200,000 | 50,000 | {
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"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $275K home, $0K mortgage | 64 | 275,000 | 0 | {
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} | {
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] | With $96K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $275K home, $50K mortgage | 64 | 275,000 | 50,000 | {
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $275K home, $100K mortgage | 64 | 275,000 | 100,000 | {
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"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $350K home, $0K mortgage | 64 | 350,000 | 0 | {
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} | {
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"Walk away with no debt if underwater (non-recourse)"
] | With $123K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $350K home, $50K mortgage | 64 | 350,000 | 50,000 | {
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} | {
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"Walk away with no debt if underwater (non-recourse)"
] | With $73K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $350K home, $100K mortgage | 64 | 350,000 | 100,000 | {
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} | {
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $350K home, $150K mortgage | 64 | 350,000 | 150,000 | {
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $450K home, $0K mortgage | 64 | 450,000 | 0 | {
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} | {
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} | [
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"Walk away with no debt if underwater (non-recourse)"
] | With $158K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $450K home, $50K mortgage | 64 | 450,000 | 50,000 | {
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} | {
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} | [
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"Walk away with no debt if underwater (non-recourse)"
] | With $108K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $450K home, $100K mortgage | 64 | 450,000 | 100,000 | {
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} | {
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} | [
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"Walk away with no debt if underwater (non-recourse)"
] | With $58K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $450K home, $150K mortgage | 64 | 450,000 | 150,000 | {
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"upfrontMIP": 9000,
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} | {
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} | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $450K home, $200K mortgage | 64 | 450,000 | 200,000 | {
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} | {
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} | [
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] | [
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"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $200K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $550K home, $0K mortgage | 64 | 550,000 | 0 | {
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} | {
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} | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $193K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $550K home, $50K mortgage | 64 | 550,000 | 50,000 | {
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} | {
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} | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $143K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $550K home, $100K mortgage | 64 | 550,000 | 100,000 | {
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} | {
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"Must be 62 or older",
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"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $93K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $550K home, $150K mortgage | 64 | 550,000 | 150,000 | {
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"initialPrincipalLimit": 220000,
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} | {
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"monthlyTenure": 354,
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} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
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"Must be 62 or older",
"Must be primary residence",
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] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $550K home, $200K mortgage | 64 | 550,000 | 200,000 | {
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} | {
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} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $200K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $750K home, $0K mortgage | 64 | 750,000 | 0 | {
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"principalLimitFactor": 0.4,
"initialPrincipalLimit": 300000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
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} | {
"lumpSum": 157500,
"lineOfCredit": 262500,
"monthlyTenure": 2188,
"monthlyTerm10Year": 2188
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
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"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $263K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $750K home, $50K mortgage | 64 | 750,000 | 50,000 | {
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"initialPrincipalLimit": 300000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
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} | {
"lumpSum": 127500,
"lineOfCredit": 212500,
"monthlyTenure": 1771,
"monthlyTerm10Year": 1771
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
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"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
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"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $213K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $750K home, $100K mortgage | 64 | 750,000 | 100,000 | {
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"initialPrincipalLimit": 300000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
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} | {
"lumpSum": 97500,
"lineOfCredit": 162500,
"monthlyTenure": 1354,
"monthlyTerm10Year": 1354
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $163K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $750K home, $150K mortgage | 64 | 750,000 | 150,000 | {
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"initialPrincipalLimit": 300000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
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} | {
"lumpSum": 67500,
"lineOfCredit": 112500,
"monthlyTenure": 938,
"monthlyTerm10Year": 938
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $113K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 64, $750K home, $200K mortgage | 64 | 750,000 | 200,000 | {
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"initialPrincipalLimit": 300000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
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} | {
"lumpSum": 37500,
"lineOfCredit": 62500,
"monthlyTenure": 521,
"monthlyTerm10Year": 521
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $63K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $150K home, $0K mortgage | 66 | 150,000 | 0 | {
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"initialPrincipalLimit": 64500,
"upfrontMIP": 3000,
"estimatedClosingCosts": 4500,
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} | {
"lumpSum": 34200,
"lineOfCredit": 57000,
"monthlyTenure": 475,
"monthlyTerm10Year": 475
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $57K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $150K home, $50K mortgage | 66 | 150,000 | 50,000 | {
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"initialPrincipalLimit": 64500,
"upfrontMIP": 3000,
"estimatedClosingCosts": 4500,
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} | {
"lumpSum": 4200,
"lineOfCredit": 7000,
"monthlyTenure": 58,
"monthlyTerm10Year": 58
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $200K home, $0K mortgage | 66 | 200,000 | 0 | {
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"principalLimitFactor": 0.43,
"initialPrincipalLimit": 86000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
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} | {
"lumpSum": 45600,
"lineOfCredit": 76000,
"monthlyTenure": 633,
"monthlyTerm10Year": 633
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $76K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $200K home, $50K mortgage | 66 | 200,000 | 50,000 | {
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"initialPrincipalLimit": 86000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
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} | {
"lumpSum": 15600,
"lineOfCredit": 26000,
"monthlyTenure": 217,
"monthlyTerm10Year": 217
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $275K home, $0K mortgage | 66 | 275,000 | 0 | {
"maxClaimAmount": 275000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 118250,
"upfrontMIP": 5500,
"estimatedClosingCosts": 8250,
"netPrincipalLimit": 104500,
"availableAfterPayoff": 104500
} | {
"lumpSum": 62700,
"lineOfCredit": 104500,
"monthlyTenure": 871,
"monthlyTerm10Year": 871
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $105K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $275K home, $50K mortgage | 66 | 275,000 | 50,000 | {
"maxClaimAmount": 275000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 118250,
"upfrontMIP": 5500,
"estimatedClosingCosts": 8250,
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"availableAfterPayoff": 54500
} | {
"lumpSum": 32700,
"lineOfCredit": 54500,
"monthlyTenure": 454,
"monthlyTerm10Year": 454
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $55K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $275K home, $100K mortgage | 66 | 275,000 | 100,000 | {
"maxClaimAmount": 275000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 118250,
"upfrontMIP": 5500,
"estimatedClosingCosts": 8250,
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"availableAfterPayoff": 4500
} | {
"lumpSum": 2700,
"lineOfCredit": 4500,
"monthlyTenure": 38,
"monthlyTerm10Year": 38
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $350K home, $0K mortgage | 66 | 350,000 | 0 | {
"maxClaimAmount": 350000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 150500,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
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"availableAfterPayoff": 133000
} | {
"lumpSum": 79800,
"lineOfCredit": 133000,
"monthlyTenure": 1108,
"monthlyTerm10Year": 1108
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $133K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $350K home, $50K mortgage | 66 | 350,000 | 50,000 | {
"maxClaimAmount": 350000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 150500,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
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"availableAfterPayoff": 83000
} | {
"lumpSum": 49800,
"lineOfCredit": 83000,
"monthlyTenure": 692,
"monthlyTerm10Year": 692
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $83K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $350K home, $100K mortgage | 66 | 350,000 | 100,000 | {
"maxClaimAmount": 350000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 150500,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
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"availableAfterPayoff": 33000
} | {
"lumpSum": 19800,
"lineOfCredit": 33000,
"monthlyTenure": 275,
"monthlyTerm10Year": 275
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $350K home, $150K mortgage | 66 | 350,000 | 150,000 | {
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"initialPrincipalLimit": 150500,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
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"availableAfterPayoff": 0
} | {
"lumpSum": 0,
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} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $450K home, $0K mortgage | 66 | 450,000 | 0 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 193500,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 171000,
"availableAfterPayoff": 171000
} | {
"lumpSum": 102600,
"lineOfCredit": 171000,
"monthlyTenure": 1425,
"monthlyTerm10Year": 1425
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $171K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $450K home, $50K mortgage | 66 | 450,000 | 50,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 193500,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 171000,
"availableAfterPayoff": 121000
} | {
"lumpSum": 72600,
"lineOfCredit": 121000,
"monthlyTenure": 1008,
"monthlyTerm10Year": 1008
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $121K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $450K home, $100K mortgage | 66 | 450,000 | 100,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 193500,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 171000,
"availableAfterPayoff": 71000
} | {
"lumpSum": 42600,
"lineOfCredit": 71000,
"monthlyTenure": 592,
"monthlyTerm10Year": 592
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $71K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $450K home, $150K mortgage | 66 | 450,000 | 150,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.43,
"initialPrincipalLimit": 193500,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
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"availableAfterPayoff": 21000
} | {
"lumpSum": 12600,
"lineOfCredit": 21000,
"monthlyTenure": 175,
"monthlyTerm10Year": 175
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $450K home, $200K mortgage | 66 | 450,000 | 200,000 | {
"maxClaimAmount": 450000,
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"initialPrincipalLimit": 193500,
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} | {
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $200K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $550K home, $0K mortgage | 66 | 550,000 | 0 | {
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} | {
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} | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $209K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $550K home, $50K mortgage | 66 | 550,000 | 50,000 | {
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} | {
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $159K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $550K home, $100K mortgage | 66 | 550,000 | 100,000 | {
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} | {
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $109K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $550K home, $150K mortgage | 66 | 550,000 | 150,000 | {
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} | {
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} | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $59K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $550K home, $200K mortgage | 66 | 550,000 | 200,000 | {
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} | {
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"lineOfCredit": 9000,
"monthlyTenure": 75,
"monthlyTerm10Year": 75
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
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] | [
"Must be 62 or older",
"Must be primary residence",
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] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $200K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $750K home, $0K mortgage | 66 | 750,000 | 0 | {
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} | {
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $285K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $750K home, $50K mortgage | 66 | 750,000 | 50,000 | {
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} | {
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $235K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $750K home, $100K mortgage | 66 | 750,000 | 100,000 | {
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} | {
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"monthlyTenure": 1542,
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $185K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $750K home, $150K mortgage | 66 | 750,000 | 150,000 | {
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} | {
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"monthlyTenure": 1125,
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} | [
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] | [
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"Must be primary residence",
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $135K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 66, $750K home, $200K mortgage | 66 | 750,000 | 200,000 | {
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"upfrontMIP": 15000,
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} | {
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"monthlyTenure": 708,
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $85K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $150K home, $0K mortgage | 68 | 150,000 | 0 | {
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"initialPrincipalLimit": 69000,
"upfrontMIP": 3000,
"estimatedClosingCosts": 4500,
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} | {
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"lineOfCredit": 61500,
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"monthlyTerm10Year": 513
} | [
"No monthly mortgage payments required",
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] | [
"Must be 62 or older",
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $62K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $150K home, $50K mortgage | 68 | 150,000 | 50,000 | {
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"initialPrincipalLimit": 69000,
"upfrontMIP": 3000,
"estimatedClosingCosts": 4500,
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} | {
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} | [
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] | [
"Must be 62 or older",
"Must be primary residence",
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $200K home, $0K mortgage | 68 | 200,000 | 0 | {
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"initialPrincipalLimit": 92000,
"upfrontMIP": 4000,
"estimatedClosingCosts": 6000,
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} | {
"lumpSum": 49200,
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"monthlyTenure": 683,
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} | [
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] | [
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $82K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $200K home, $50K mortgage | 68 | 200,000 | 50,000 | {
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"initialPrincipalLimit": 92000,
"upfrontMIP": 4000,
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} | {
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"monthlyTenure": 267,
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} | [
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $50K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $275K home, $0K mortgage | 68 | 275,000 | 0 | {
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"initialPrincipalLimit": 126500,
"upfrontMIP": 5500,
"estimatedClosingCosts": 8250,
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} | {
"lumpSum": 67650,
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"monthlyTenure": 940,
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} | [
"No monthly mortgage payments required",
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] | [
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"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $113K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $275K home, $50K mortgage | 68 | 275,000 | 50,000 | {
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"initialPrincipalLimit": 126500,
"upfrontMIP": 5500,
"estimatedClosingCosts": 8250,
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} | {
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"lineOfCredit": 62750,
"monthlyTenure": 523,
"monthlyTerm10Year": 523
} | [
"No monthly mortgage payments required",
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] | [
"Must be 62 or older",
"Must be primary residence",
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $63K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $275K home, $100K mortgage | 68 | 275,000 | 100,000 | {
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"initialPrincipalLimit": 126500,
"upfrontMIP": 5500,
"estimatedClosingCosts": 8250,
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} | {
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"monthlyTenure": 106,
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} | [
"No monthly mortgage payments required",
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] | [
"Must be 62 or older",
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $350K home, $0K mortgage | 68 | 350,000 | 0 | {
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"initialPrincipalLimit": 161000,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
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} | {
"lumpSum": 86100,
"lineOfCredit": 143500,
"monthlyTenure": 1196,
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} | [
"No monthly mortgage payments required",
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] | [
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] | [
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"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $144K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $350K home, $50K mortgage | 68 | 350,000 | 50,000 | {
"maxClaimAmount": 350000,
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"initialPrincipalLimit": 161000,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
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} | {
"lumpSum": 56100,
"lineOfCredit": 93500,
"monthlyTenure": 779,
"monthlyTerm10Year": 779
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
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] | [
"Must be 62 or older",
"Must be primary residence",
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"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $94K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $350K home, $100K mortgage | 68 | 350,000 | 100,000 | {
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"initialPrincipalLimit": 161000,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
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"availableAfterPayoff": 43500
} | {
"lumpSum": 26100,
"lineOfCredit": 43500,
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} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
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"Line of credit grows over time",
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] | [
"Must be 62 or older",
"Must be primary residence",
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"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $100K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $350K home, $150K mortgage | 68 | 350,000 | 150,000 | {
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"initialPrincipalLimit": 161000,
"upfrontMIP": 7000,
"estimatedClosingCosts": 10500,
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"availableAfterPayoff": 0
} | {
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} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $450K home, $0K mortgage | 68 | 450,000 | 0 | {
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"initialPrincipalLimit": 207000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
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} | {
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} | [
"No monthly mortgage payments required",
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] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $185K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $450K home, $50K mortgage | 68 | 450,000 | 50,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 207000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 184500,
"availableAfterPayoff": 134500
} | {
"lumpSum": 80700,
"lineOfCredit": 134500,
"monthlyTenure": 1121,
"monthlyTerm10Year": 1121
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $135K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $450K home, $100K mortgage | 68 | 450,000 | 100,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 207000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 184500,
"availableAfterPayoff": 84500
} | {
"lumpSum": 50700,
"lineOfCredit": 84500,
"monthlyTenure": 704,
"monthlyTerm10Year": 704
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $85K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $450K home, $150K mortgage | 68 | 450,000 | 150,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 207000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 184500,
"availableAfterPayoff": 34500
} | {
"lumpSum": 20700,
"lineOfCredit": 34500,
"monthlyTenure": 288,
"monthlyTerm10Year": 288
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $150K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $450K home, $200K mortgage | 68 | 450,000 | 200,000 | {
"maxClaimAmount": 450000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 207000,
"upfrontMIP": 9000,
"estimatedClosingCosts": 13500,
"netPrincipalLimit": 184500,
"availableAfterPayoff": 0
} | {
"lumpSum": 0,
"lineOfCredit": 0,
"monthlyTenure": 0,
"monthlyTerm10Year": 0
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $200K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $550K home, $0K mortgage | 68 | 550,000 | 0 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 253000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
"netPrincipalLimit": 225500,
"availableAfterPayoff": 225500
} | {
"lumpSum": 135300,
"lineOfCredit": 225500,
"monthlyTenure": 1879,
"monthlyTerm10Year": 1879
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $226K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $550K home, $50K mortgage | 68 | 550,000 | 50,000 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 253000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
"netPrincipalLimit": 225500,
"availableAfterPayoff": 175500
} | {
"lumpSum": 105300,
"lineOfCredit": 175500,
"monthlyTenure": 1463,
"monthlyTerm10Year": 1463
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $176K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $550K home, $100K mortgage | 68 | 550,000 | 100,000 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 253000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
"netPrincipalLimit": 225500,
"availableAfterPayoff": 125500
} | {
"lumpSum": 75300,
"lineOfCredit": 125500,
"monthlyTenure": 1046,
"monthlyTerm10Year": 1046
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $126K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $550K home, $150K mortgage | 68 | 550,000 | 150,000 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 253000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
"netPrincipalLimit": 225500,
"availableAfterPayoff": 75500
} | {
"lumpSum": 45300,
"lineOfCredit": 75500,
"monthlyTenure": 629,
"monthlyTerm10Year": 629
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $76K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $550K home, $200K mortgage | 68 | 550,000 | 200,000 | {
"maxClaimAmount": 550000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 253000,
"upfrontMIP": 11000,
"estimatedClosingCosts": 16500,
"netPrincipalLimit": 225500,
"availableAfterPayoff": 25500
} | {
"lumpSum": 15300,
"lineOfCredit": 25500,
"monthlyTenure": 213,
"monthlyTerm10Year": 213
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | A reverse mortgage would eliminate your $200K mortgage payment, freeing up monthly cash flow. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
Age 68, $750K home, $0K mortgage | 68 | 750,000 | 0 | {
"maxClaimAmount": 750000,
"principalLimitFactor": 0.46,
"initialPrincipalLimit": 345000,
"upfrontMIP": 15000,
"estimatedClosingCosts": 22500,
"netPrincipalLimit": 307500,
"availableAfterPayoff": 307500
} | {
"lumpSum": 184500,
"lineOfCredit": 307500,
"monthlyTenure": 2563,
"monthlyTerm10Year": 2563
} | [
"No monthly mortgage payments required",
"You retain ownership of your home",
"Non-recourse loan - never owe more than home value",
"Line of credit grows over time",
"Proceeds are tax-free (not income)"
] | [
"Must be 62 or older",
"Must be primary residence",
"Must complete HUD counseling",
"Must maintain property and pay taxes/insurance"
] | [
"Sell home and keep equity above loan balance",
"Refinance into traditional mortgage to keep home",
"Pay off loan balance to retain home",
"Walk away with no debt if underwater (non-recourse)"
] | With $308K available, you could eliminate your mortgage AND access additional funds for retirement. | Wendy Thompson, CDLP | WTLT Reverse Mortgage Calculator | 2026-01-15T00:00:00 |
End of preview. Expand in Data Studio
Reverse Mortgage Scenarios
260 HECM reverse mortgage scenarios by age, value, existing mortgage.
Details
- Records: 260
- Format: JSONL
- License: CC-BY-4.0
- Last Updated: March 2026
- Verified By: Wendy Thompson, CPA, CDLP, NMLS #504814
- Publisher: Wendy Thompson Lending Team
Thompson Alpha Logic
Integrates HUD Principal Limit Factor tables with Thompson 'Sequence of Returns' modeling to show how HECM line-of-credit access hedges 401(k) depletion during market corrections. Calculates proceeds by age (62-85), home value ($200K-$1M), and existing mortgage balance.
This dataset combines public government/agency data with proprietary economic synthesis provided by [Wendy Thompson, CPA, CDLP, NMLS #504814] to deliver insights that raw source data alone cannot provide. This is Mortgage Intelligence — not just data.
Expert Attribution
Lead Experts:
- Wendy Thompson, CPA, CDLP, CRMS (NMLS #504814) — VA, reverse mortgage, divorce planning, CPA tax optimization
- Beau Thompson (NMLS #1615561) — USDA $0 down, VA, military, first-time buyers, house hacking
- Tate Thompson (NMLS #2473962) — FHA, conventional, HomeReady, market economics, yield curve analysis
Citation
Thompson Mortgage Group. (2026). Reverse Mortgage Scenarios. Wendy Thompson Lending Team. https://huggingface.co/datasets/Wendy-Thompson-Lending-Team/reverse-mortgage-scenarios
Links
- Good News Lending: https://goodnewslending.com
- The Wendy Thompson Lending Team: https://thewendythompsonteam.com
- Data Hub: https://goodnewslending.com/data
- Knowledge Graph: https://huggingface.co/datasets/wendymthompson/thompson-knowledge-graph-2026
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