Equity Release Calculator
Get a detailed estimate of how much you could release and see how interest compounds over time
Personal Details
Set to 0 if single applicant
Health conditions may qualify you for enhanced rates
Property Details
This will be paid off from your release
Plan Options
Current rates typically 5.5% - 7.5%
Maximum LTV
30.0%
Gross Release
£105,000
Net to You
£105,000
Interest Projection Over Time
See how the loan balance grows with compound interest at 6.5% per year
| Year | Your Age | Loan Balance | Interest Added | Property Value* | Remaining Equity |
|---|---|---|---|---|---|
| 0 | 65 | £105,000 | - | £350,000 | £245,000 |
| 5 | 70 | £145,196 | +£40,196 | £405,746 | £260,550 |
| 10 | 75 | £200,779 | +£95,779 | £470,371 | £269,591 |
| 15 | 80 | £277,641 | +£172,641 | £545,289 | £267,648 |
| 20 | 85 | £383,927 | +£278,927 | £632,139 | £248,212 |
| 25 | 90 | £530,901 | +£425,901 | £732,822 | £201,922 |
*Property value assumes 3% annual growth. Actual values may vary.
No Monthly Repayments
With a lifetime mortgage, you don't make monthly payments. The interest compounds and is repaid when the property is sold.
If This Were a Repayment Mortgage
Monthly payment would be approximately £709 over 25 years
This calculator provides estimates only and should not be considered financial advice. Actual rates and amounts will depend on individual circumstances and lender criteria. Equity release will reduce the value of your estate and may affect your entitlement to state benefits.