Kimberly Gedstad MBA PhD CRMP NMLS# 1201644
Licensed in AZ, NM, CA, CO, TX, OK, IN, WA, FL
Call / Text (970) 589-3335 for more information
Raymond Gedstad RMLO NMLS# 1784775
nmlsconsumeraccess.org

Reverse Mortgage Facts

Free HECM Calculator — See your line of credit, balance projection & equity in seconds

FHA Insured
You Own Your Home
Tax-Free Proceeds*
2026 Limit: $1,249,125
Updated Weekly
Growing Line of Credit
Initial Loan Balance
After fees & liens paid at closing
Estimated Equity
Home value minus loan balance at closing
LOC in 10 Years
At current expected rate
How We Calculated This Based on current HUD PLF tables & live rate data — updated weekly
Age / Rate Lookup
Max Claim Amount
Lender Margin
2.0%
PLF Factor
Expected Rate
Initial Principal Limit
Initial (Current) Rate
Origination Fee
Upfront MIP (IMIP)
Title & Closing Fees
Total Fees
Opening Loan Balance
* there are numerous factors used to determine the possible line of credit or loan proceeds including actual appraised value (FHA appraisal required after application submission), actual payoff at the time of closing if applicable, third party fees, credit and income determinations and others. This calculator is updated every Monday evening to account for weekly changes. Due to these factors, although a very close estimate, this is only an estimate, not a quote or proposal. If you would like to receive a proposal delivered to your inbox, please Click Here!

This is not a quote or proposal, it is simply what one might be able to expect considering the current rate environment and values provided... If you would like a proposal, Click here!

Simply type in your annual payment in the green Payment column, or your annual draws in the green LOC Draw column to see how this could play out over time.
i.e. if your current mortgage payment is $1,000/month, type $12,000 in the first five payment rows to see your line of credit after 5 years of making payments into a HECM.

Equity Breakdown at Closing

How your home value is allocated

Loan Balance Projection

Home value appreciation at 4% annually · Green fields are editable

Home value is based on a 4% annual appreciation. Type in the green Payment or LOC Draw fields to model different scenarios.
Yr. Age Payment Balance LOC Home Val Equity LOC Draw

This is not a quote or proposal, it is simply what one might be able to expect...  Get a Proposal →

Get Your Official Proposal

Ready for the Real Numbers?

Our calculator gives you a solid estimate — but an official proposal from Kimberly or Raymond accounts for your specific property, current CMT index, and all available loan scenarios.

No pressure. No obligation. Just honest, clear information tailored to your situation.

  • Free consultation with a licensed HECM specialist (CRMP certified)
  • Multiple loan scenarios compared side-by-side
  • Line of credit growth projections included
  • Independent HUD counseling referral provided
  • Licensed in AZ, NM, CA, CO, TX, OK, IN, WA, FL
  • Your information is never sold to third parties

Request Your Free Proposal

Kimberly or Raymond will respond within 1 business day — no obligation, ever.

🔒 Your information is secure and will never be sold.

Request Received!

Kimberly or Raymond will reach out within 1 business day. Feel free to run more scenarios in the calculator above.