Equity Release Calculator: Find Your Home’s Value | 2025

Equity Release Calculator

Estimate how much equity you could release from your property based on your age and property value.

Equity Release

Equity release is a financial product that allows homeowners aged 55 and over to access the wealth tied up in their property without having to sell it. This can provide a tax-free lump sum or regular income to supplement retirement finances, fund home improvements, help family members, or pay off existing debts.

There are two main types of equity release products: Lifetime Mortgages and Home Reversion Plans. With a Lifetime Mortgage, you borrow against your home’s value while retaining ownership. The loan and interest are typically repaid when you pass away or move into long-term care. Home Reversion Plans involve selling part or all of your property to a provider while maintaining the right to live there rent-free for life.

Equity release can significantly impact your financial situation and inheritance plans, so it’s essential to understand all implications before proceeding. Our calculator helps you estimate how much you might be able to release based on your circumstances.

How to Use the Equity Release Calculator

Step 1: Enter Your Personal Details

Input your age (minimum 55) and your partner’s age if applicable. The calculator uses the younger age for joint applications as this affects the amount you can borrow.

Step 2: Provide Property Information

Enter your property value and any outstanding mortgage balance. The equity release amount will be calculated after deducting any existing mortgage that would need to be repaid.

Step 3: Select Product Options

Choose between a Lifetime Mortgage or Home Reversion Plan. Indicate your health status, as certain medical conditions may qualify you for enhanced terms, allowing you to release more equity.

Step 4: Adjust Additional Settings

Set your preferred interest rate and decide whether you want to protect a portion of your property value for inheritance purposes. If you select “Yes” for inheritance protection, specify the percentage you wish to safeguard.

Step 5: Review Your Results

After clicking “Calculate Equity Release,” review your personalized estimate showing the maximum equity available, potential debt after 15 years, and remaining equity. The detailed explanation will help you understand how these figures were calculated based on your inputs.

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