Reverse Mortgage Interest Rates 2024. Reverse mortgage rates are not static, and the average rate can fluctuate over time. Homeowners should expect to pay higher closing costs plus origination fees up to $6,000.

Our reverse mortgage calculator quickly and easily calculates reverse mortgage monthly payments, lump sum, and line of credit payout options. Here are current average rates for a variety of mortgage types to help as you rate shop in preparation for homebuying.