Estimate how much home equity may be available through an FHA-insured Home Equity Conversion Mortgage (HECM) for your Arizona home. Adjust the details below to see how age, home value, expected rate, your current mortgage and estimated costs affect the result.
The result starts with the lesser of your home value or the 2026 FHA HECM maximum claim amount of $1,249,125. It then applies HUD’s published principal-limit factor for the age and illustrative expected rate you entered, before subtracting the mortgage payoff and estimated costs.
This calculator is educational—not an offer, approval, commitment to lend or guaranteed proceeds figure.
An appraisal, current rates, counseling, financial assessment, property eligibility, set-asides and the payment plan can change the amount available.
You must occupy the home as your principal residence, maintain it, and keep property taxes, homeowners insurance and applicable property charges current.
The amount and timing depend on the HECM product and payment plan selected. Mark can compare the available structures using current rates and your final loan figures.
Draw eligible funds when needed. An unused adjustable-rate HECM credit line may grow over time under the program terms.
Receive scheduled advances for a chosen term or, under a tenure plan, while an eligible borrower occupies the home and meets the loan requirements.
Take an eligible fixed-rate lump sum at closing, subject to HUD’s initial-disbursement rules and mandatory obligations.
Combine scheduled advances with a line of credit when an available adjustable-rate option supports both.
Important: If an eligible non-borrowing spouse is younger than the youngest borrower entered, a lender must use the appropriate HUD factor. The first-year figure applies HUD’s initial-disbursement framework—the greater of 60% of the initial principal limit or mandatory obligations plus 10% of that limit, capped at the principal limit—then subtracts the estimated obligations shown. HUD-approved counseling is required for an FHA-insured HECM.
Methodology: HUD HECM principal-limit factors and 2026 maximum claim amount · CFPB reverse mortgage guidance
