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Reverse mortgage

Reverse mortgage calculator

Find out how much money you can receive with your reverse mortgage

Use our Quontic Bank reverse mortgage calculator to see how to convert your home’s equity in to cash. It takes a minute or less. Call a Quontic Bank reverse mortgage expert at 1-800-388-7689 for fast and courteous answers to any questions you may have.

Reverse mortgage calculator details

Our reverse mortgage calculator lets you easily find out how much you can borrow on the equity in your home. It takes less than a minute to enter your information in the fields above and get the lump sum you can borrow. It’s easy to calculate the reverse mortgage amount and it can also be made available as a monthly annuity or line of credit.

Please note that there are no restrictions as to how you can use the money and many seniors use it to pay for remodeling, medical expenses or help supplement monthly bills. You maintain ownership of your house and live in it during the term of the loan. Please be aware that that one of the titleholders needs to be at least 62 years old and the house needs to be your primary residence.

One of our reverse mortgage experts may contact you as a part of using this tool. For more details and a deeper understanding of the reverse mortgage process, you can also contact a Quontic Bank loan officer at 1-800-388-7689. This reverse mortgage calculator is provided for general estimates. The lump sum quoted here is an estimated loan amount, before paying off mortgages and other fees. The loan distributions occurs in two parts – one in year one and one after year one.

Disclosure: Content & information provided as a courtesy. In addition, such information should not be relied upon as the only source of information. Ask for additional details. Quontic Bank makes no representations or warranties as to accuracy or completeness of information & assumes no liability for use of this information. Terms, restrictions, conditions & fees for accounts, products, programs & services are subject to change without notice. Information is accurate & effective as of January 25, 2017. Additional lending terms, conditions, fees & exclusions may apply. Subject to eligibility & credit approval. Not all applicants will qualify. Not all products are available in all states or for all amounts. The information provided should not be construed as financial, legal or tax advice. Quontic Bank is a member of the National Reverse Mortgage Lenders Association (NRMLA) & holds NMLS ID 403503.


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