Equity Release Calculator

What is an Equity Release Calculator?

An Equity Release Calculator is an online tool that helps homeowners estimate how much money they could potentially access from their property’s value without needing to sell or move out. It provides quick, anonymous calculations based on:

• • Your age

• • Property value

• • Type of equity release product

• • Property type

Unlike traditional mortgage calculators, equity release calculators focus on lifetime mortgages and home reversion plans, which are specifically designed for older homeowners (typically 55+).

How Does an Equity Release Calculator Work?

Our calculator uses industry-standard formulas to estimate how much you could borrow, considering:

1. Age-Based Percentage

• • The older you are, the more you can typically release (up to 50-60% of your home’s value).

• • Example: A 70-year-old may access 35-40%, while an 80-year-old might get 45-55%.

2. Property Value

• • Your home’s current market value directly impacts the available equity.

• • Most lenders require a minimum property value of £70,000+

3. Product Type

• • Lifetime Mortgage (Most Common): A loan secured against your home, repaid when you pass away or move into care.

• • Home Reversion Plan: Sell a portion of your home for a lump sum or regular payments while retaining the right to live there.

4. Interest Rates & Fees

• • Calculators factor in typical interest rates (5-6% APR) and compound interest effects.

How Does an Equity Release Calculator Work?

Our calculator uses industry-standard formulas to estimate how much you could borrow, considering:

1. Age-Based Percentage

• • The older you are, the more you can typically release (up to 50-60% of your home’s value).

• • Example: A 70-year-old may access 35-40%, while an 80-year-old might get 45-55%.

2. Property Value

• • Your home’s current market value directly impacts the available equity.

• • Most lenders require a minimum property value of £70,000+

3. Product Type

• Lifetime Mortgage (Most Common): A loan secured against your home, repaid when you pass away or move into care.
• Home Reversion Plan: Sell a portion of your home for a lump sum or regular payments while retaining the right to live there.

4. Interest Rates & Fees

Calculators factor in typical interest rates (5-6% APR) and compound interest effects.

Why Use Our Equity Release Calculator?

✅ No Personal Details Required – Get estimates without sharing sensitive information.
✅ Instant Results – See potential loan amounts in seconds.
✅ Compare Different Plans – Adjust age, property value, and product type to compare options.
✅ No Credit Checks – Calculations don’t affect your credit score.
✅ Regulated & Secure – Designed with UK financial regulations in mind.

Example Equity Release Calculation

Input	Example Value
Age	70 years old
Property Value	£300,000
Product Type	Lifetime Mortgage
Estimated Release	£120,000 – £150,000 (40-50%)

Note: Actual amounts depend on lender criteria and a full property valuation.

Who Can Use an Equity Release Calculator?

✔ Homeowners aged 55+ (some providers accept from age 45)
✔ UK property owners (England, Scotland, Wales, NI)
✔ Those with no outstanding mortgage or a small remaining balance