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Equity Release

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Use the FREE Interest-Only Equity Release Calculator

See how much cash you can get from your home.​

Equity Release Calculator

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Did You Know? Every 12 minutes a homeowner over 55 in the UK unlocks £91,667 tax-free cash.

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John Lawson
John Lawson
Last Updated: 25 Sep 2020
(Rated from 355 reviews)

With the current economic recession, having some extra cash is vital to your livelihood. Thanks to equity release1, you can get capital to help you pay off your pre-existing mortgage, pay for your long-term care and even fund your vacation to Brazil.

However, with heirs, it’s crucial to have a reliable plan that can allow you to leave some cash for your family when you pass on. Well, with the interest-only2 mortgage, you can do this since it enables you to make regular interest payments on the capital you release. It typically allows you to level your equity release loan balance throughout. Therefore, provided that you keep making those payments, when the loan policy ends, you’ll only have to repay the initial amount you released.

So, how can you figure out the amount you can get from the interest-only mortgage? Well, you can do so by using the interest-only calculators and here’s a comprehensive guide on how to use the interest-only mortgage calculator.

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