An equity release calculator enables you to determine how much money you can release from your home.
Depending on your personal and financial criteria, the calculator will provide you with maximum release figures for; lifetime mortgages, interest only lifetime mortgages and ill-health lifetime mortgages.
To be specific, if you’re in ill-health, or have any health ailments, then you may be eligible to receive more value for your home equity.
This lifetime mortgage calculator is a great tool for those looking to firstly understand whether equity release can raise enough money for their need(s).