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Equity Release Calculator for Derbyshire and the UK
See how much tax-free cash you could release from your home if you are 55 or over. Find out how a lifetime mortgage could grow over time and how much of your home could be left. Based in Pride Park, Derby, our equity release advisers help homeowners across Derbyshire and the UK.
★★★★★ Rated 5 stars on Google | FCA Regulated (Ref: 706676) | Equity Release Council Member | Call 01332 300300
Request a Callback
Leave your number and one of our equity release advisers will call you back, usually within one working day.
EQUITY RELEASE WILL REDUCE THE VALUE OF YOUR ESTATE AND MAY AFFECT YOUR ENTITLEMENT TO MEANS-TESTED BENEFITS
Work Out How Much You Could Release
Answer four questions. The notes next to each box explain what to enter and why it matters.
How this calculator works
The amount you can release depends on the age of the youngest person applying and the value of your home. The older you are, the more you can usually release. We base our figures on typical lender limits in 2026. Your own offer depends on your home and your plan.
Reviewed by Suzanne Bradshaw, Director, Mortgage & Finance Arena. Last updated September 2026.
You could release up to
£0
Tax-free cash for you
£0
Age used
0
Share of home value
0%
Home value used
£0
How the Loan Could Grow
With a lifetime mortgage, interest is usually added to the loan each month instead of being paid. Change the figures to see how the loan and your home’s value could change over time.
| After | Loan balance | Home value | Equity left |
|---|
Figures use a fixed example rate with interest added monthly, and a steady house price change you can edit. House prices can fall as well as rise. Fees are not included. Many plans let you repay up to 10% of the loan each year with no charge.
This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration.
Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice.
Want a Personal Illustration?
An adviser can show you exact figures from lenders across the market, with no pressure to go ahead. Leave your details and we will call you, usually within one working day.
Guide only. Not a quote, offer or recommendation.
What You Need to Know About Equity Release
You Keep Your Home
With a lifetime mortgage you stay the owner of your home. The loan and interest are paid back when the last person on the plan dies or moves into long-term care.
No Negative Equity
Plans that meet Equity Release Council standards promise you will never owe more than your home is worth when it is sold.
The Cost Grows Over Time
Interest is added to the loan, so the amount owed grows each year. This reduces what you can leave to your family. Paying some interest each month slows this down.
Typical Release by Age
| Youngest age | Up to this share of home value |
|---|---|
| 55 | 28% |
| 60 | 33% |
| 65 | 38% |
| 70 | 43% |
| 75 | 48% |
| 80 | 52% |
| 85 | 55% |
| 90 and over | 58% |
Lump Sum or Drawdown?
| Type | How it works |
|---|---|
| Lump sum | You take all the money at the start. Interest is charged on the full amount from day one. |
| Drawdown | You take some money now and keep the rest in reserve. You only pay interest on what you take. |
| Interest paying | You pay some or all of the interest each month, so the loan grows more slowly or not at all. |
Your adviser will explain which type suits your plans.
Local Advice in Derbyshire
Our equity release advisers work from Pride Park in Derby. We can meet you at home, and we encourage you to involve your family in the conversation.
Advice Across the UK
Not in Derbyshire? We give equity release advice across the UK by phone and video call, with the same care and support.
Derby · Belper · Ripley · Heanor · Ilkeston · Long Eaton · Swadlincote · Alfreton · Matlock · Ashbourne · Chesterfield · Buxton
Equity Release Calculator FAQs
It depends on the age of the youngest applicant and your home’s value. At 55 you may release around 28% of your home’s value. At 75 it is around 48%, and it can reach 58% at 90.
Yes. With a lifetime mortgage you keep full ownership. You can live there for the rest of your life, as long as it stays your main home.
It means you, or your estate, will never have to pay back more than your home sells for. All plans that meet Equity Release Council standards include it.
Many plans let you repay up to 10% of the amount borrowed each year with no early repayment charge. This helps to keep the loan smaller.
It can. Cash you release may reduce means-tested benefits such as Pension Credit. We check this with you before you apply.
Plans that meet Equity Release Council standards let you move your plan to a new home, as long as the new home meets the lender’s rules.
We recommend it. Equity release reduces what you can leave behind, so it helps if your family knows your plans. They are welcome to join your meetings with us.
Have a Question? Get in Touch
Prefer to talk it through first? Send us a message and one of our equity release advisers will get back to you directly.
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Want Advice Based on Your Own Circumstances?
Speak to one of our equity release advisers for a personal recommendation, not just a guide figure.
Equity release will reduce the value of your estate and may affect your entitlement to means-tested benefits. This is a lifetime mortgage. To understand the features and risks, ask for a personalised illustration. Check that this mortgage will meet your needs if you want to move or sell your home or you want your family to inherit it. If you are in any doubt, seek independent advice. This calculator gives a guide only and is not a quote, an offer or a personal recommendation. Mortgage & Finance Arena Ltd is authorised and regulated by the Financial Conduct Authority (FCA No. 706676).