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.
Voluntary Repayment Calculator
Discover the Calculator For Voluntary Repayment
Do you want to have some inheritance for your family once you pass away? But are you wondering if you’ve taken out equity that they’ll get it? Here’s a detailed guide in how you can calculate how much money you’ll have for an inheritance…
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. If you’re thinking of alternatives, you can also try this equity release mortgage calculator.
Our Most Commonly Asked Questions
In Conclusion
If you’re seriously considering or wondering about taking out an equity release plan, this voluntary repayment calculator is an excellent tool to use. It’ll show you how much you’ll be able to save when you make repayments, and it’ll show you how much you’ll save without making repayments. You can then compare and assess if it’s a good option for you or not.
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.
