Disclaimer

Last updated: June 2026

Estimates only — not professional advice

All calculators, figures, tables, and articles on Mortgage Draw (the "Site") are provided for general informational and educational purposes only. They produce estimates based on the numbers you enter and standard formulas. They are not financial, lending, investment, tax, accounting, or legal advice, and they should not be relied upon as such.

No guarantee of accuracy or outcomes

We work to keep our formulas and figures accurate and current, but we make no warranty or guarantee of any kind regarding the accuracy, completeness, timeliness, or suitability of the information on the Site. Mortgage rates, fees, loan programs, eligibility rules, and tax provisions change frequently and vary by lender, location, and individual circumstances. Our tools do not represent a loan offer, an approval, a commitment to lend, or a quote, and actual terms you are offered may differ — sometimes significantly — from any estimate shown here.

"Your Money or Your Life" topics

Many topics on this Site — refinancing, home equity, reverse mortgages, government-backed loans, and related costs — can have a major impact on your finances. Before acting on anything you read or calculate here, you should consult a qualified, licensed professional who can review your specific situation, such as a mortgage lender, financial advisor, housing counselor, tax professional, or attorney. For reverse mortgages specifically, HUD-approved counseling is required and strongly recommended.

Not a lender or broker

Mortgage Draw is an independent educational publisher. We are not a mortgage lender, broker, bank, or financial-advisory firm. We do not originate loans, accept applications, or act as a fiduciary for any visitor.

Your responsibility

Any decision you make based on the Site is your sole responsibility. To the fullest extent permitted by law, Mortgage Draw and its contributors disclaim all liability for any loss or damage arising from your use of, or reliance on, the Site or its content. You should independently verify all figures with the relevant lender or professional before making a financial decision.

External links and advertising

The Site may contain advertisements and links to third-party websites. We do not control and are not responsible for the content, products, or practices of third parties. The presence of an ad or link does not constitute an endorsement.

Questions

If anything here is unclear, please contact us. See also our Terms of Use and Privacy Policy.