Equity Release Calculator

How much equity can I release?

Our FREE Lifetime Mortgage Calculator gives you an instant estimate based on your age and property value

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See How Much You Could Release

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If you would like to discuss your options further, we offer a free, no-obligation telephone appointment with one of our expert Later Life Mortgage Specialists.

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How much equity can you release from your home?

If you’re considering how much equity you could get from your home, it depends on various factors such as property type, health and income (which is used for the new interest only lifetime mortgages). 

The maximum loan to value is based on the age of the youngest homeowner. 

From age 55 you could release around 22.5%, and this increases every year you get older, by 1% up to a maximum of 55% at age 90. 

The new interest only lifetime mortgages allow you to release a higher percentage based on age. You could, subject to your income, raise around 55% at at 55 on this type of plan.  

Our lifetime mortgage calculator is free and provides instant results. 

You may be wondering if lifetime mortgages are a good idea and if they are suitable for your needs. 

To compare the top 10 equity release companies, we have reviewed and listed the best providers to help you compare your options, including lender features, such as downsizing protection, voluntary repayments and more. 

What are the typical percentages available with equity release?

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Equity release calculator FAQS

In 2023 Equity release is based on the value of your home and your age. It's usually between 20% and 60% of your property's value. The maximum equity you can borrow depends on different factors, such as the value of your home, your age and your health. Your adviser will provide detailed figures on this https://later-life-finance.co.uk/uk-equity-release-calculator/how-much-equity-can-i-release
The money you can get is usually between 20% and 60% of your property's value. The maximum equity you can borrow depends on different factors, such as the value of your home, your age and your health. Your adviser will provide detailed figures on this https://later-life-finance.co.uk/uk-equity-release-calculator/how-much-equity-can-i-release
The most common form of equity release is a lifetime mortgage that isn't paid off until the last surviving homeowner has passed away or gone into long term care. You can still move home and pay voluntary payments off the mortgage with most lenders in 2023.
At the end of the first month or year (depending on your plan), the amount of interest charged is added to the original loan. The following month/year, the interest will be 'compounded', which means it's calculated based on the sum of the original loan, plus the interest charged during the first month/year. Your adviser will provide detailed calculations, including any planned repayments you intend to make. https://later-life-finance.co.uk/uk-equity-release-calculator/how-much-equity-can-i-release