Interest-Only Mortgage Calculator (Oct 2021)

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Equity Release Calculator

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How Much Money Can I Get? Calculate It Now!

With the Current Economic State Worldwide & Locally, It Never Hurts to Have Extra Cash in Your Pocket. That'S Why Equity Release Has Become So Popular in the UK! You Can Now Get Extra Cash By Releasing It From Your Property! How Much Money? We're Here to Tell You All About It!

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Equity Release Calculator

Value of Your Home?

50000

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100% Secure & Fast. Takes Just 8 Seconds.

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Interest-Only Equity Release Calculator

Try Our Instant Interest-Only Equity Release Calculator for Oct 2021

I think you’ll agree with me when I say:

It’s REALLY hard to find the interest-only equity release calculator with all the choices available.

Or is it?

Get the best interest-only mortgage quote for Oct 2021 today.

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.

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

In Conclusion

It’s relatively easy to determine what amount you can get when you take out an interest only mortgage through an equity release provider in Oct 2021. You simply need to input a few details, and there you have it! If you’re still considering whether or not interest-only mortgages are for you, feel free to contact us with any further questions.

Got Questions? Check These First

How Much Can You Borrow with the Interest-Only Mortgage Calculator?

How Do You Use the Interest-Only Equity Release Calculator?

Editorial Note: This content has been independently collected by the SovereignBoss advisor team and is offered on a non-advised basis. Sovereignboss may earn a commission on sales made from partner links on this page, but that doesn’t affect our editors’ opinions or evaluations.

Contributors: Nicola Date, Katherine Read
Reviewed by Francis Hui

How Much Can You Release?

Use the FREE Calculator Below 👇

 

Equity Release Calculator

Value of Your Home?

50000

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100% Secure & Fast. Takes Just 8 Seconds.

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It's VERY FAST, takes just 8 seconds

What people say

You are the best. You delivered what you mentioned you would that was much better than anybody else. I can not rate you highly enough!!
Brenden
Brenden
SovereignBoss client
I'd like to commend the excellent support we received from you guys in our recent equity release application, which proceeded faster than we could have hoped. Thank you so much.
Margaret
Margaret Doyle
SovereignBoss client
I have to say my experience with SovereignBoss was positive from start to finish. The level of customer service I received from John was simply outstanding, thank you!
janus
Janus Kern
SovereignBoss client

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How Much Can You Release?

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Equity Release Calculator

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HOW MUCH EQUITY CAN YOU RELEASE?

Most people are using equity release as a means of retaining the use of their house while also obtaining a lump sum or a steady stream of income. Get matched with an expert and check your eligibility for equity release options.

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How Much Can You Release?

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Equity Release Calculator

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rachel w

Written by
Rachel Wait
Personal Finance Journalist

Rachel is an experienced finance journalist and editor with a particular interest in personal finance and consumer affairs. She has vast experience writing about money issues, property, insurance, and consumer affairs, and you’ll find her articles regularly featured in top media and newspaper publications.
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Written by
John Lawson
Founder SovereignBoss

John is passionate about education and has made it his life-long mission to assist UK citizens on their future financial options, with a specialist interest in equity release, and SovereignBoss is the natural extension of this passion.
francis

Written by
Francis Hui
Senior Risk Manager

Having held various high-level roles across the industry, Francis is truly an expert in aiding UK citizens in their financial decisions and risk analysis. His unique insight and statistical knowledge make him the perfect person to help you take your financial future to the next level.
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Written by
Katherine Read
Financial Planning Reporter

Since joining the editorial team at SovereignBoss, Katherine has become focused on bringing transparency to finances and opportunities for those approaching retirement age. She writes on the topics of equity release, home reversion, and mortgages.
nicola

Written by
Nicola Date
Writer & Journalist

Nicola is a financial writer for SovereignBoss and is passionate about the opportunities that equity release can open up for homeowners. Her extensive business experience and deep understanding of the industry means that she’s always up-to-date with the latest developments.

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Equity Release Calculator

Value of Your Home?

50000

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100% Secure & Fast. Takes Just 8 Seconds.

As Featured In
yahoofinance marketwatch