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How much cash could you release?

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How to use our free equity release calculator

Our equity release calculator will quote you the amount of equity you can release from your home based on the age of the youngest homeowner and the value of your property.

You simply need to add:

  • Your estimated property value - if you not sure how much your property is currently worth, you can get a free valuation from Zoopla or an estate agent like Yopa
  • Your postcode
  • Your name
  • The age of the youngest homeowner
  • Your email address
  • Your phone number

How is equity release calculated?

The amount of cash you can release with equity release is calculated by taking the following information into account:

  • Your age (or the age of the youngest homeowner if the mortgage is to be in joint names)
  • The value of your property
  • The type of property you have and whether it is leasehold
  • Your health
  • The type of lifetime mortgage you choose
  • The interest rates available

As an initial guide, our equity release calculator calculates the amount you could potentially release based on your age and property value. A qualified IFA or broker can give you an accurate calculation based on more personal details such as the type of property you own and your health. This will be important as it will dictate the lifetime mortgages available to you and whether you are entitled to better rates with an enhanced lifetime mortgage.

What percentage of your home's equity could you release?

Using the information above, the calculator will work out the maximum percentage you can borrow against your home, known as the ‘loan to value’ or LTV. Multiplying this percentage by the value of your property will calculate the maximum amount you can release.

Ashley Shepherd

Over 30 years’ experience in financial services including retirement and later-life planning.

Our equity release expert’s view

Equity release is a significant long-term financial commitment that allows homeowners aged 55 and over to unlock tax-free cash from their property while retaining the right to live in it.
For those of you considering it, the key issues are understanding compound interest, the impact on inheritance, eligibility criteria, and how flexible features such as drawdown or voluntary repayments may affect long-term cost.
An equity release calculator is helpful at this stage because it provides an immediate estimate of how much could potentially be released based on age and property value, giving structure to what can otherwise feel like an abstract decision.
I think that a calculator is a valuable starting point for education and scenario planning, but it should always be followed by personalised advice to assess suitability and long-term implications properly.

Please note

This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.
You only continue to own your own home with a lifetime mortgage which is secured against your property
All deals subject to eligibilty.

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Our aim is to provide you with clear and accurate information to help you research your chosen financial products and services. The material on this site is for general information only and does not constitute any form of advice or recommendation.

If a link has an * by it, it means it is an affiliated link to an insurance company or broker that may result in a payment to the site. Should you use the equity release calculator, speak to an Age Partnership adviser and take out a plan out using their services, we receive a commission, however this will not affect the price you pay.

Also, from time to time you may see advertisements from third party companies who pay us a fee to advertise their services on our site.

None of the above arrangements constitute advice or recommendations, as other products and companies are available. You should always obtain independent, professional advice for your own situation.

The information provided on this site is accurate at the date of publication, occasionally however, things will change before we have had the opportunity to update them, so please do check. Always do your own research and take independent advice.

We do not investigate the solvency of any company mentioned on our website and are not responsible for the content on websites we link to.

Over50choices is an independent company and regulated by the FCA (No.594280) for insurance products only and a member of the Equity Release Council.