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You Are Here: Home > Personal Finance > Equity Release > Calculator
Last update : November 2011
Why using an

Equity Release Calculator can be dangerous

(Instead, use our tables and be safe)
When it comes to personal finance we always have to be on the lookout for so-called marketing tricks.

For example, in the equity release market many websites and providers use the bait of an 'equity release calculator' as an excuse to get hold of all your personal information.

Who knows how this information will be used and whether in turn it will be sold on?
What is an Equity Release Calculator
It's used to give an estimate of how much equity can be released from a property based on -
  1. Your current age (or the age of your spouse, whichever is the lower)
  2. The value of your property, and
  3. Whether you have a current mortgage, and if so the amount
The problem is, as many have found out to their cost, that the majority of websites extract all your personal information, including full address, telephone and email, before the calculator comes out with an answer.
No need to enter personal information - Just use our simple tables
How much equity can be released from a property is a standard calculation and we've created a series of tables below to give you an indication. So take your current age and property value (subtract any mortgage amount) and you can see an estimation of how much money can be released.
Equity Release Calculator

  • Find your age
  • Property's value (take off any mortgage loan)
  • And then see how much can be released in the right hand box
Property Value

(net of any mortgage)
Possible to
release equity of....
Aged
55
£100,000
£21,000
£150,000
£31,500
£200,000
£42,000
£250,000
£52,500
£300,000
£63,000
£350,000
£73,500
£400,000
£84,000

Aged
60
£100,000
£25,000
£150,000
£37,500
£200,000
£50,000
£250,000
£62,500
£300,000
£75,000
£350,000
£87,500
£400,000
£100,000

Aged
65
£100,000
£31,000
£150,000
£46,500
£200,000
£62,000
£250,000
£77,500
£300,000
£93,000
£350,000
£108,500
£400,000
£124,000

Aged
70
£100,000
£36,000
£150,000
£54,000
£200,000
£72,000
£250,000
£90,000
£300,000
£108,000
£350,000
£126,000
£400,000
£144,000

Aged
75
£100,000
£41,000
£150,000
£61,500
£200,000
£82,000
£250,000
£102,500
£300,000
£123,000
£350,000
£143,500
£400,000
£164,000

Aged
80
£100,000
£42,000
£150,000
£63,000
£200,000
£84,000
£250,000
£105,000
£300,000
£126,000
£350,000
£147,000
£400,000
£168,000

FREE Equity Release Guide

  • This LearnMoney guide offers a simple 5 Step process outlining exactly how to properly research the Equity Release market

  • It make sure you ask the right questions and get proper answers

  • Concentrates on the all-important costs and flexibility of the different Equity Release schemes

  • More details and to download your FREE copy

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