Equity Release Calculator

Members of the
Equity Release Council
ER Calculator

Equity Release Calculator

This calculator can be used to obtain an estimate of how much tax-free cash you could release from your property using equity release. Simply tell us your estimated property value, age of the youngest homeowner and any mortgage balance outstanding, and we will produce the calculation.

Step 1 of 2

Required fields *

The youngest homeowner must be at least 55 years of age or older to be eligible for equity release.
The youngest homeowner
must be over 55 years of age
to be eligible for equity

You must own a home with a minimum value of £70,000 to release Equity.
The property must be valued
at at least £70,000 to be
eligible for equity release.

You must enter your outstanding mortgage balance in order for us to give you a calculation.

Your Results

Based on the age of youngest homeowner of 0, an estimated property value of £0, and mortgage balance of £0 your results have been calculated below.

Minimum Release

This lowest amount of equity that can be released.

Maximum Release

This is the estimated maximum release based on your property value and age of the youngest homeowner.

If you would like to find out more information and the interest rates available today, please complete the following information.

There may be other ways we could help you though. To find out if we can, please complete your information below and we will be in touch as soon as possible.

Ocean Equity Release Ltd (841683) is a trading style of Ocean Mortgages Ltd. Ocean Mortgage Ltd is authorised and Regulated by the Financial Services Conduct Authority and is entered on the Financial Services Register (https://register.fca.org/uk/). Only if you choose to proceed and your case completes will Ocean Mortgages Ltd charge an advice fee. All fees are discussed at your initial, free meeting with one of our Advisors and will be agreed before you make a decision to proceed. A lifetime mortgage may affect the value of your estate and your entitlement to means tested benefits.