Equity Release Calculator

This calculator helps you see how much equity you could release with a lifetime mortgage, a loan secured against your home. We'll ask you to register your details to show you the calculation, then give you a call.

How to use this calculator

If you want a joint lifetime mortgage use the age of the youngest applicant
Once you have your result you can keep using the calculator to see the different ways you could release the money

I am Age years old

My home is worth around

£ 0

I'm looking to release

£ 0

This is a guide to the lifetime mortgage products we offer and not advice or a personal recommendation. You can only buy a lifetime mortgage through a financial adviser.

Register your details...

To find out how much you could receive, and to get a call back to discuss the product details, please complete the form. You can also provide your email address if you'd like to opt in to receiving emails about our products and services.

We'll never share your details with third parties for their own marketing purposes. Details of how we process your information can be found in our privacy policy. You can opt out of marketing at any time by emailing LGFAoptout@landg.com

First name

Last name

Phone number

By clicking 'Get result' and submitting this form you consent to us calling you about your results and how our Lifetime Mortgages may work for you.

Email address (optional)

By providing your email address you're giving consent for us to send you emails with news, information and offers on the products and services provided by Legal & General Financial Advice.

Good news!

Based on the information supplied, you could release the amount you specified:

The maximum amount you could release is:

This is an estimate of the amount you may be able to release. The amount you can release depends on your property and individual circumstances.

Based on the information supplied, you could release up to:

This is an estimate of the amount you may be able to release. The amount you can release depends on your property and individual circumstances.

Thanks for submitting your details. We'll be in touch soon to discuss your lifetime mortgage options.

Now that you know how much you may be able to release, why not take a look at your options for releasing the money. You can continue your journey by choosing to personalise your lifetime mortgage below.

Interest is charged on the loan, plus any interest already added. So, the amount you owe can increase quickly over time. There may be cheaper ways to borrow money.

Step 1 / 3

How would you like to receive your money?

There's more than one way to release your money with one of our Lifetime Mortgages.

A lifetime mortgage will reduce the equity left in your home and the value of any inheritance. A lifetime mortgage is usually repaid when the last borrower dies or moves out of the home and into long term care.

A lump sum, or series of lump sums

You can receive the money as one lump sum or as a series of smaller amounts over time to suit you

As a regular income

You could get a fixed monthly income for a set period of up to 25 years

In year year

I'd like to take an additional lump sum of

£ 0

Step 2 / 3

Your options for taking a lump sum

Depending on how you need the money, you can receive it as a one off cash lump sum or as a series of smaller cash sums as and when you need it. The option to take lump sums in the future is not guaranteed and will depend on whether you're still eligible to borrow more money.

There's an option to pay the interest off as you go. Ask our Customer Service Agents for more information.

You may be able to borrow between and

Total you've chosen below:

Total remaining:

Step 2 / 3

Your options for a regular income

If you're interested in a regular income, you can select this to be paid for a set number of years.

Once the fixed income term ends the monthly income will stop but interest will continue to roll up until the lifetime mortgage is repaid.

Over how many years would you like your income to be paid?

10 15 20 25

I'd like to take a lump sum of

£ 0

Though you've chosen a regular income, you have to take an initial lump sum of at least £2,500. You can take more than this. It's your choice.

I'd like a monthly income of

£ 0

You've chosen a and an initial lump sum of . That means you could receive a monthly income of up to for .

The information you've provided means that you don't meet the minimum eligibility criteria for the Income Lifetime Mortgage. Please consider another option.

Step 3 / 3

You're interested in a lump sum of

This is an estimate of the amount you may be able to release. The amount you can release depends on your property and your individual circumstances. Taking a lifetime mortgage could affect your eligibility for state benefits.

You're interested in a series of lump sums

You're interested in a regular income

Term:

Initial Lump Sum:

Monthly Income:

Next steps

We'll be in touch shortly if we haven't already called. In the meantime, consider these products.

Flexible Lifetime Mortgage

If you'd like to take a lump sum, or a series of smaller lump sums, without having to make interest payments, take a closer look at this option.

Optional Payment Lifetime Mortgage

If you'd prefer to take a lump sum, or a series of smaller lump sums, and pay off some or all of the interest as you go, take a look at this option.

Income Lifetime Mortgage

If you need a regular income, after an initial lump sum, take a look at this option.

Interested in a lifetime mortgage?

A lifetime mortgage is a type of equity release. Find out more about whether you're eligible for a lifetime mortgage, and what sort of lifetime mortgages are available, below.

Is a lifetime mortgage right for you?

A lifetime mortgage is a loan secured on your home. To be eligible for a lifetime mortgage:

You'll need to be age 55 or over.
You'll need to be living in (or buying) your own home with either a small or no mortgage.
Your home must be worth at least £100,000.

If you'd like to discuss whether a lifetime mortgage is right for you, call one of our specialists on 0808 301 70440808 301 7044. We'll be happy to help with any questions you might have.

Speak to a lifetime mortgage specialist Speak to a lifetime mortgage specialist

Things to consider

Interest is charged on the loan plus any interest already added. This means the amount you owe will increase quickly over time.
A lifetime mortgage will reduce an inheritance and may affect your entitlement to means-tested benefits.
You can stay in your own home and you will never owe more than it's sold for (subject to terms and conditions).
If you give the money away, the recipient may have to pay inheritance tax in the future.
You may have cheaper ways to borrow money.

Pros and cons of equity release Pros and cons of equity release

Our lifetime mortgages

Choose the type of equity release that's right for you, from our selection of lifetime mortgages

Flexible Lifetime Mortgage

If you'd like to take a lump sum, or a series of lump sums, and pay nothing until you die or move into long term care, select this option.

Find out more Find out more

Optional Payment Lifetime Mortgage

If you'd prefer to take a lump sum, or a series of lump sums, and pay off some or all of the interest, this could be right for you.

Find out more Find out more

Income Lifetime Mortgage

Or, if you'd like to have an income paid for a fixed term rather than a lump sum, take a closer look at our Income Lifetime Mortgage.

Find out more Find out more

Call us about equity release

To speak with us about your equity release options, call the number below.

For any other enquiries please get in touch via our contact us page

0808 301 70440808 301 7044

Monday to Sunday 8:30am - 8:00pm

We may record and monitor calls

Thank you for submitting your details

We'll be in touch soon. In the meantime, why not explore our ‘Rewirement’ section? It’s a great place to find articles, interviews, tips and ideas to help you enjoy a more colourful retirement.

Thinking about leaving the city? Retirement migration hotspots

Why you should be holidaying in the UK this Autumn

Why autumn is a good time to recharge and renew

Request a call back about our later life mortgages

If you'd like us to call you about our later life mortgages. please complete your full name and phone number. You can also provide your email address if you’d like to opt in to receiving emails about our products and services. Details on how we process your information can be found in our privacy policy.

First name

Last name

Phone number

By submitting this form you consent to us calling you to discuss how our later life mortgages may work for you.

Email address (optional)

By providing your email address you're giving consent for us to send you emails with news, information and offers on the products and services provided by Legal & General Financial Advice. We'll never share your details with third parties for their own marketing purposes.

You can opt out of marketing at any time by emailing LGFAoptout@landg.com.

Thank you for submitting your details

You'll receive your guide soon. In the meantime, why not explore our ‘Rewirement’ section? It’s a great place to find articles, interviews, tips and ideas to help you enjoy a more colourful retirement.

Thinking about leaving the city? Retirement migration hotspots

Why you should be holidaying in the UK this Autumn

Why autumn is a good time to recharge and renew

Request a guide

If you would like us to email you our later life mortgages guide and further information about the products and services provided by Legal & General Financial Advice, please complete your full name and email address. You can also provide your phone number if you’d like to opt in to receiving calls about our later life mortgages. Details on how we process your information can be found in our privacy policy

First name

Last name

Email address

By providing your email address you consent for us to send you emails with news, information and offers on the products and services provided by Legal & General Financial Advice. We'll never share your details with third parties for their own marketing purposes.

Phone number (optional)

By submitting your phone number you consent to us calling you to discuss how our later life mortgage options may work for you.

You can opt out of marketing at any time by emailing lgrroptout@landg.com

Need help?

Making decisions about how to finance your retirement is important so it’s worth making use of the guidance and advice services available.

Retirement guidance

Equity Release Council

Legal & General Home Finance Ltd is a member of the Equity Release Council, a trade body setting standards for providers. Take a look at their consumer brochure for more details.

Consumer brochure Go to the Equity Release website

Contact us about equity release

To discuss our Lifetime Mortgages, a loan secured against your home, and if they're right for you.

Call us on:

0808 115 8129

Monday to Sunday 8.30am to 8.00pm

We may record and monitor calls

Get independent advice

You can't take out an equity release product unless you have taken financial advice. Find out how to access independent legal and financial advice.

Find out more

Equity release calculator

See how much equity you could release from your home with our simple lifetime mortgage calculator

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