Use the FREE Voluntary Repayment Lifetime Mortgage Calculator
See how much cash you can release from your home.

What are the Benefits?
- Unlock cash from your home.
- Releasing equity can have a MASSIVE tax saving.
- You’ll never owe more than your home’s value.
- Fast, easy & secure. It takes 8 seconds.
- Completely, independent advice.
- FREE, no obligation consultation.
About the Providers We Compare
- Helped more than 1 million with equity release.
- Organised over 1 in 3 plans approved by the Equity Release Council.
Use the FREE Voluntary Repayment Lifetime Mortgage Calculator
See how much cash you can get from your home.
Did You Know? Every 12 minutes a homeowner over 55 in the UK unlocks £91,667 tax-free cash.

Calculators > Voluntary Repayment
You want to leave some inheritance for your family. However, after taking the equity release1 scheme, you’re not sure how you’ll ensure they get some cash.
Well, lucky for you, the voluntary repayment lifetime mortgage can help you do this. The mortgage scheme is a relatively recent innovation in the equity release market, and it can offer you flexibility in how you manage your equity release scheme’s balance in the future. It’s because they enable you to repay up to 15% of your original balance every year – whenever you want to and have the finances available to do so.
If you can make some form of monthly, annual or ad hoc repayment2, then the effect on the ultimate amount that you’ll have to repay when your equity release plan ends will be significant.
So, how can you figure out the amount of cash you can save up with the voluntary repayment plan? Well, you can do so by using the voluntary repayment calculator and here’s a detailed guide on it.
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Our Most Commonly Asked Questions
Well, this is an instrument of the equity release mortgage that allows you to figure the amount you can get from a voluntary repayment mortgage option.
Learn More: Voluntary Repayment Calculator
It’s a lifetime mortgage option that enables homeowners aged 55 and above, to unlock the equity tied up in their estate. Unlike with other mortgage option, the voluntary repayment plan allows you to repay a portion of the loan’s sum after the first 12 months, thus enabling you to safeguard your family’s inheritance and level your balance.
Instead of the interest rolling up, the non-compulsory option enables you to repay up to 15% of the initial amount borrowed per year, based on the equity release provider, with no penalties.
Learn More: Voluntary Repayment Lifetime Mortgage
Well, there are several advantages to taking a voluntary repayment loan and here are some:
You get to reside in your estate until you die or move into residential care
- You don’t have to offer the equity release companies proof of income to qualify
- The optional partial payment plans are made at the discretion of the homeowner, and you achieve this without any administrative costs or penalties
- You can opt to make payments after some consultations with your lender to make sure that the maximum limit’sn’t breached
Learn More: Voluntary Repayment Lifetime Mortgage
You can figure out the amount you can release by using the voluntary repayment lifetime mortgage calculator. The instrument will require you to input:
- Your postcode
- The age of the youngest homeowner
- The estimated value of your estate
Learn More: Voluntary Repayment Calculator
To figure out the amount you’d save over the length of your lifetime mortgage by taking the voluntary repayment plan, you need input:
- The amount of capital you want to unlock
- The interest rate of the mortgage plan you’re considering
- How much you want to repay every year – it can be up to 15% of the amount of capital you released
Your results will display your mortgage balance across various periods when you don’t make any repayments and when you do, based on the % you keyed in.
Therefore, you can effortlessly see the funds you could save through making regular repayments.
Learn More: Voluntary Repayment Calculator
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