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Equity release calculator
This calculator helps you see how much equity you could release with a lifetime mortgage, a loan secured against your home. We’ll ask you to register your details so we can show you the calculation. You may also receive a call from us to assist you with your enquiry.
Before you start
- If you want a joint lifetime mortgage, use the age of the youngest applicant.
- The amount you can borrow is based on your age and the value of your home, but this might be less when you come to apply.
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Different later life mortgages provide different options for paying off the monthly interest. You can commit to paying off the interest for an agreed payment term or for the life of the loan, or you can choose to pay off some or all of the interest but stop the payments at any time, or you don't have to make any payments at all. Paying off interest will reduce the overall cost of the loan. Whatever you choose, the loan is repaid from the sale of your house when you die or move permanently out of the home and into long-term care.
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A critical illness can affect anyone at any age and can turn lives upside down. Having a back-up plan in place can alleviate some of the financial stress of the situation. Some people may use their savings to supplement their loss of income, others may rely on an employment benefit package, while others may find that some form of critical illness insurance is their best option.
A critical illness can affect anyone at any age and can turn lives upside down. Having a back-up plan in place can alleviate some of the financial stress of the situation. Some people may use their savings to supplement their loss of income, others may rely on an employment benefit package, while others may find that some form of critical illness insurance is their best option.

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William is a self-employed father. When his daughter Summer was two and a half she was diagnosed with Leukaemia. We were there to pay out on his Children’s Critical Illness Cover when William needed us.
If you choose to add Critical Illness Cover, Children’s Critical Illness Cover is automatically included. T&Cs apply ,
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Cupcake ipsum dolor sit amet apple pie toffee marzipan. Powder cake lemon drops marzipan soufflé lollipop muffin chupa chups. Pie carrot cake soufflé apple pie sweet roll jujubes sweet chocolate cake oat cake.
Lollipop cotton candy biscuit macaroon shortbread cake cookie jelly candy canes. Lemon drops cupcake cheesecake ice cream oat cake pastry. Bonbon lemon drops fruitcake candy bear claw halvah sesame snaps. Donut tiramisu cookie fruitcake candy biscuit.

Video caption / 09 Jun 2023 / 01:20
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