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Are You Considering Equity Release as a Way to Get Some Extra Cash? We're Telling You Everything You Need to Know About the Monthly Income Calculator So That You Can Determine What Amount You'Ll Be Able to Loan.

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

It’s REALLY hard to choose the best monthly income calculator with all the choices available.

Or is it?

Is our free equity release calculator the best?

Are You Considering Equity Release as a Way to Get Some Extra Cash? We're Telling You Everything You Need to Know About the Monthly Income Calculator So That You Can Determine What Amount You'Ll Be Able to Loan.

Have you been having migraines thinking of ways to supplement your meagre income? Did you retire but aren’t confident about your pension fund1 (you probably didn’t save up enough)?

Well, worry no more because, with the income lifetime mortgage, you can get that extra capital you need to help you fund the home improvement project, buy out your spouse after the nasty divorce you’ve had or even pay off the stacked up bills that have been staring at you.

The income lifetime mortgage is typically a lifetime mortgage plan that allows homeowners aged 55 to receive a monthly income from the capital tied up in their estates. Unlike with most equity release mortgages2, the income lifetime mortgage enables you to borrow lump sums3 of cash.

Moreover, the income mortgage schemes enable you to draw a fixed income from your estate’s market value over various periods. You either choose to get the tax-free cash over 10, 15, 20 or 25 years.

If you don’t necessarily require a considerable amount of capital to pay off your mortgage or pay for that ticket to Maui, and would prefer the security of having monthly income paid into your bank, then an income lifetime mortgage is your best option.

So, how does one figure out the amount they can get from an income mortgage plan? Well, you can do so by using the monthly income calculator and here’s a comprehensive guide on it.

Quick Overview of Equity Release

Watch this quick video and learn more about equity release.

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

Our Most Commonly Asked Questions

What’s the Income Lifetime Mortgage?

How Much Do You Qualify for with the Income Mortgage Calculator?

How Does the Income Lifetime Mortgage Work?

How Do You Qualify for the Monthly Income Mortgage Plan?

How Do You Use the Monthly Income Calculator?

In Conclusion

It’s a very safe option if you choose to take out an income lifetime mortgage nowadays. And it’s the easiest thing ever to calculate how much extra cash you qualify for by using this monthly income calculator! For any further question, feel free to contact us directly.

Got Questions? Check These First

What’s the Income Lifetime Mortgage?

How Much Do You Qualify for with the Income Mortgage Calculator?

How Does the Income Lifetime Mortgage Work?

How Do You Qualify for the Monthly Income Mortgage Plan?

How Do You Use the Monthly Income Calculator?

How Much Equity Can You Release?

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How Does Equity Release Work?

How Does Equity Release Work in the UK? Learn About The Critieria Here. We’ll Take You Through the Process Step-by-Step & Answer All Your Questions.

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Are You Looking for the Best Equity Release Company in the UK? Find Out Which Equity Release Schemes to Avoid & Which Equity Release Providers Are the BEST…

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How Much 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.

Use our free equity release calculator & see how much you can release today.

SovereignBoss.co.uk is a marketplace connecting people with mortgage firms. Accordingly, SovereignBoss.co.uk does not provide quotes or sell products directly to consumers and is not a licensed agent or broker.

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