To find out quickly how much equity you could release from your home it is a good idea to use an equity release calculator. You only need to enter three criteria in the equity release calculator to the right of this pageto find out just how much you could release.
With an equity release mortgage the three criteria you need to enter in the equity release calculator are your age, the property value and any outstanding mortgages or secured loans you have on the property.
If you are considering home reversions then it is not possible to use the calculator to calculate the equity release amount. This is because of the discounting based on age that home reversion providers apply.
In the past many people have used equity release uk to provide a monthly income using equity investments. The problem with this is that investments may fall as well as rise and this could affect the income. The safer option rather than use your retirement investments is to draw an income from the equity release scheme.
Find out how much equity you could release
Enter your details in the equity release calculator to find out how much you could release.