Compare and Calculate Your Need for Equity Release

Calculating the Cost of Debt Deferment: An Equity Release Calculator

The equity release calculator is a tool that can help you figure out how much it would cost to defer your debts with an equity release. All you have to do is enter the amount of money in your home, and then choose whether or not you want any additional income released from the property. Once all of these details are entered, the calculator will give a final price for your specific needs!

Equity Release Calculator

But first, lets explain what equity release is: Equity release is a way in which homeowners can defer the repayment of their mortgages through the sale or mortgage-reducing of their property. It may also involve taking out a type of loan called an equity release plan, where people borrow money against the value of their home to repay outstanding debts and other bills without selling it. Equity release offers those who are over 60 years old with one last chance to reduce any debt they owe by releasing some or all equity from their properties so that they don’t have to sell up if things get too tight financially down the line! But this isn’t just for retirees – there are many reasons why someone would want an equity release: such as paying off medical bills after being diagnosed with cancer, funding care costs and many other reasons.

Balancing debt and equity release is never easy, so it’s important to know the facts before you take out a loan! The good news is that there are now many providers of equity release plans all over the country who can help people find an option tailored to their needs – so no matter where they live in England, Wales or Scotland; get in touch with one today!