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HUD’s Proposed Reverse Mortgage Rules Under Review, But For How Long? A series of controversial proposals for the Home Equity Conversion Mortgage (HECM) program introduced last year by the Department of Housing and Urban Development (HUD) are still under regulatory review, but it is unclear when the reverse mortgage industry might finally see some meaningful change and whether such change could arrive before a new administration moves into the White House. Four months have passed since the closing of thi...

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Please, do not use any thousands separator and use a dot as decimal separator. Ex: 10,000.65 = 10000.65. Additional Payment (per month). How to use this calculator:. 1) Enter the initial amount of your mortgage. 2) Select the currency you want the results to be shown. 3) Select the mortgage term in the dropdown menu. 4) Enter the number of payments already paid. 5) Enter additional payment per month. If the value is zero, the debt is extinguished at once time. 6) Enter the interest rate of the loan (APR).

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