# Reverse Mortgage Funding

> Reverse mortgage calculator for refinancing and home purchases. (iPhone/iPad app by designstudio.AG.)

- Source: https://appshunter.io/ios/app/reverse-mortgage-funding/id1373761377 (this page in markdown: same URL + `.md`)
- Developer: [designstudio.AG](https://appshunter.io/developer/1373761376)
- Category: Business, Finance
- Price: Free
- Rating: 4.80/5 from 4 App Store ratings
- Age rating: 4+
- Requires: iOS 11.0 · 31 MB
- Languages: American English
- Released: 2018-04-23
- Data updated: 2026-07-20
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/reverse-mortgage-funding/id1373761377/reviews.md

## What is Reverse Mortgage Funding?

The Reverse Mortgage Funding LLC (RMF) Reverse Mortgage Calculator App allows you to figure out the amount of funds you might be able to access with a reverse mortgage.  Whether you want to refinance your mortgage or purchase a new home, the App will help you crunch the numbers to figure out how you can best finance your retirement.  Plus, it is free and easy to use.  

Refinance Portal:
Simply input your current home value, age and the balance left on the mortgage to find out your estimated total proceeds after paying off an existing mortgage.  Additional information provided includes Estimated Available Proceeds and Available Proceeds After First Year.

Purchase Portal:
With the Purchase Portal you have two options.  

Option 1.  Enter the Purchase Price and find out the Estimated Down Payment Required
When entering the Purchase Price, along with Youngest Borrower Age, you can find out the Estimated Down Payment Required along with the HECM Estimated Loan Amount, or the estimated funding provided by the Home Equity Conversion Mortgage (HECM) – otherwise known as a reverse mortgage.  

Option 2. Enter the Available Down Payment and find out the Estimated Maximum Purchase Price possible
Enter the Available Down Payment amount and the Youngest Borrower Age and get an Estimated Maximum Purchase Price, the amount you would have available to you when purchasing a new home including the down payment and the funds from the reverse mortgage.

## Key features

- Estimate reverse mortgage proceeds
- Calculate refinance amounts
- Determine estimated down payment
- Find maximum purchase price
- Free and easy to use


## Frequently asked questions about Reverse Mortgage Funding

### How does Reverse Mortgage Funding calculate potential funds?

Reverse Mortgage Funding uses your home's current value, your age, and any existing mortgage balance to estimate the total proceeds you might access. It provides figures like Estimated Available Proceeds and Available Proceeds After First Year.

### Can Reverse Mortgage Funding help with purchasing a new home?

Yes, the Purchase Portal allows you to either enter a purchase price to find the estimated down payment required and HECM loan amount, or enter your available down payment to discover the estimated maximum purchase price.

### Is Reverse Mortgage Funding free to use?

Yes, Reverse Mortgage Funding is completely free to use. There are no costs associated with downloading or utilizing its calculation features.

### What devices does Reverse Mortgage Funding support?

Reverse Mortgage Funding is available on iPhone and iPod devices. It is designed for iOS users.

### How often is Reverse Mortgage Funding updated?

The app was last updated on January 29, 2021, with version 1.5. While updates are not frequent, the core functionality remains stable for its intended purpose.

### What is the age rating for Reverse Mortgage Funding?

Reverse Mortgage Funding has an age rating of 4+. This indicates it is suitable for users of all ages, with no mature content.

### Does Reverse Mortgage Funding have ads?

No, Reverse Mortgage Funding does not contain advertisements. Users can utilize the calculator without any interruptions.

### What is the user sentiment for Reverse Mortgage Funding?

Based on the available data, Reverse Mortgage Funding has a high rating of 4.8 stars from 4 ratings, suggesting a positive user experience.

## Version history (last 5 releases)

### 1.5 — 2021-01-29

Fixed front part for new iPhone devices

### 1.4 — 2020-03-07

state licensing changed

### 1.3 — 2018-08-22

Changed info text for customers

### 1.2 — 2018-08-01

Fixed bugs

### 1.1 — 2018-07-14

Bug Fixes

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-07-20.*