Equity Release Calculator

 

Use Our Free Online Equity Release Calculator

Equity release is a channel for you to turn some value accumulated in your home into tax-free cash. It's a long-term loan you are eligible to apply for once you've reach 55 years or over. Typically, you only repay equity release using your home, once you pass away or need long-term care and the property gets sold.

How Much Equity Can You Unlock from Your Home?

Give our equity release calculator a go and we will give you an overview of just how much money you can release as equity from your home.

Choose your age, the property type, and the estimated value of your property.

Keep in mind

Should you take a lifetime mortgage:

The amount of inheritance you'll be able to leave behind will reduce.

Your tax position and entitled welfare benefits might get affected.

Interest gets added yearly, as compound interest onto the amount you've already  borrowed, and any interest already added.

Always remember that it's a lifetime commitment, and if you end the loan sooner, you might need to pay a substantial early repayment fees.

Now,

Besides using our online equity release calculator, please also remember to speak to a financial adviser.