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 so we can show you the calculation. You may also receive a call from us to assist you with your enquiry.
"I started looking at lifetime mortgages because my younger son was living with me. He’s always wanted to get on the property ladder but has never been in a position to save up enough for a deposit. So, I started investigating to see how I could help him. I spoke to a couple of financial advisers and the name that kept coming up all the time was Legal & General, so I thought well it’s got to be worthwhile talking to them to see what they offer." - Evadne, Nottingham
Is there a minimum amount I can borrow?
The amount you can borrow using one of our Lifetime Mortgages is based on your age and the value of your home. To help you understand the different limits on our Lifetime Mortgages we’ve outlined the amounts below.
|Flexible Lifetime Mortgage||Optional Payment Lifetime Mortgage|
|Minimum initial loan amount||£10,000||£10,000|
|Minimum amount for additional drawdowns||£2,000||£2,000|
|Maximum total loan amount||Up to the full loan amount agreed at outset||Up to the full loan amount agreed at outset|
Your adviser will help you choose the right product for you and make sure that you only borrow as much as you need.
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
Monday to Friday 9:00am - 6:00pm
Saturday 9:00am - 1:00pm
We may record and monitor calls.
Making decisions about how to finance your retirement is important so it’s worth making use of the guidance and advice services available.
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.
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 Friday 9am to 6pm, Saturday 9am to 1pm.
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.