Page 3 - AAG144_HECM LOC Bifold

HECM LOC Growth Without a Mortgage Balance*

Home Value: $650,000 Principal Limit: $360,750 Expected Rate: 3.870%
Financed Costs:
1st Mortgage: $0 MIP: 2% of Home Value HUD MIP: 0.05%

Age: 75 Max Origination: $6,000 Outstanding Bal.: $21,000
3rd Party Fees: $2,000
LOC: $339,750

Start Year 1 Year 5 Year 10 Year 20 Year 25

Principal Limit $360,750 $376,834 $448,670 $558,018 $863,158 $1,073,523

Outstanding $21,000 $21,936 $26,118 $32,483 $50,246 $62,492
Balance

Line of Credit $339,750 $354,898 $422,552 $525,535 $812,912 $1,011,031

Home Value $650,000 $676,000 $790,824 $962,159 $1,424,230 $1,732,794

HECM LOC Growth

Home Value Principal Limit Outstanding Balance

Average home appreciation assumed at 4%* Average home appreciation assumed at 2%*

$2M $1.4M
$1.8M
$1.2M
$1.6M
$1.4M $1M
$1.2M
$800K
$1M
$600K
$800K
$600K $400K
$400K
$200K
$200K
$0 $0
Start 1 5 10 20 25 Start 1 5 10 20 25

*Numbers are rounded for illustrative purposes. 3rd party fees are an estimate and will vary based on location, loan amount,
provider, and other variables. Rates are based on HECM ARM and may not be reflective of current rates available.