# RME Calculator — Reverse Mortgage Calculator

> Reverse mortgage calculator for homeowners 55+ to estimate equity access. (iPhone/iPad app by Reverse Mortgage Educators, Inc..)

- Source: https://appshunter.io/ios/app/rme-calculator/id6761672684 (this page in markdown: same URL + `.md`)
- Developer: [Reverse Mortgage Educators, Inc.](https://appshunter.io/developer/923354814)
- Category: Finance
- Price: Free
- Rating: 5.00/5 from 1 App Store ratings
- Age rating: 4+
- Requires: iOS 15.0 · 31 MB
- Languages: American English
- Released: 2026-05-19
- Data updated: 2026-09-07
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/rme-calculator/id6761672684/reviews.md

## What is RME Calculator?

Calculate how much YOU qualify for on a reverse mortgage

The RME Reverse Mortgage Calculator app helps homeowners 55+ explore their options for accessing home equity through reverse mortgages. Get instant estimates, compare different scenarios, and request personalized proposals, all from your smartphone.

KEY FEATURES

- Reverse Mortgage Refinance Calculator
See if a reverse mortgage refinance can unlock additional cash flow.

- Purchase Loan Calculator
Planning to buy a new home? Calculate how much you can purchase using a reverse mortgage for purchase and determine your down payment.

- Available Cash Out Estimator
Find out exactly how much money you can access from your home equity based on your age, home value, and current mortgage balance.

- Educational Resources
Learn everything about reverse mortgages with our comprehensive FAQ:
- What is a reverse mortgage and how does it work?
- Eligibility requirements explained
- Pros and cons analysis
- Frequently asked questions

- Request Full Proposals
Ready to move forward? Submit your information directly to qualified loan officers and receive personalized proposal estimates.

WHY CHOOSE OUR APP?

- Instant Results - Get calculations in seconds
- No Obligations - Explore options privately
- Easy to Use - Simple interface designed for seniors
- Accurate Estimates - we update our numbers regularly
- Secure & Private - Your information is protected
- Save Scenarios - Compare multiple options easily
- Expert Support - Connect with licensed professionals

HOW IT WORKS

1. Choose your calculator (refinance, purchase)
2. Enter basic information (age, home value, mortgage balance)
3. View instant estimates and detailed breakdowns
4. Explore educational content to learn more
5. Request a personalized proposal when ready

IMPORTANT INFORMATION

This calculator provides estimates only. Actual loan terms depend on property appraisal, credit review, and lender requirements. Reverse mortgages are complex financial products. Real Estate Broker - CA Department of Real Estate - LIC #01932729 - NMLS #1064287 | This material is not from HUD or FHA and has not been approved by HUD or a government agency.

## Key features

- Reverse mortgage refinance calculator
- Purchase loan calculator
- Available cash out estimator
- Educational resources and FAQ
- Request full proposals
- Save and compare scenarios


## Frequently asked questions about RME Calculator

### What is RME Calculator?

RME Calculator is a finance app designed to help homeowners aged 55 and older estimate their eligibility for reverse mortgages and the potential cash they can access from their home equity. It provides tools for refinancing, purchasing, and educational resources.

### Is RME Calculator free to use?

Yes, RME Calculator is completely free to download and use. There are no in-app purchases or subscription fees associated with its core functionality.

### Does RME Calculator have ads?

No, RME Calculator is ad-free. Users can explore their reverse mortgage options without any interruptions from advertisements.

### What information is needed to use RME Calculator?

To use RME Calculator, you will need basic information such as your age, current home value, and any existing mortgage balance. This data is used to generate instant estimates.

### Can RME Calculator provide exact loan terms?

RME Calculator provides estimates only. Actual loan terms are dependent on a property appraisal, credit review, and specific lender requirements. The app helps you explore possibilities before committing.

### How often is RME Calculator updated?

The app was last updated on August 26, 2026, with version 1.0.2(2). Regular updates ensure the accuracy of calculations and the security of user data.

### What devices support RME Calculator?

RME Calculator is available for iPhone and iPod devices. It is designed with a simple interface specifically for seniors.

### What are the pros and cons of reverse mortgages according to RME Calculator?

RME Calculator includes educational resources that cover the pros and cons of reverse mortgages. This helps users understand the benefits, such as accessing cash, and potential drawbacks before making a decision.

## Version history (last 4 releases)

### 1.0.2(2) — 2026-08-26

City, state, zip code in one screen merge

### 1.0.2 — 2026-08-18

Fixed some code issues for a smoother experience.

### 1.0.1 — 2026-08-15

Added support for negative calculations.

### 1.0.0 — 2026-05-20

No release notes.

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## More apps by Reverse Mortgage Educators, Inc.

- [Rev4Pur](https://appshunter.io/ios/app/rev4pur/id944362929)

All apps by Reverse Mortgage Educators, Inc.: https://appshunter.io/developer/923354814

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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 2026-09-07.*
