Lifetime mortgage calculator

You're in safe hands with Key Equity Release

• No negative equity guarantee
• With a lifetime mortgage you retain full home ownership

How your figure is calculated

Our lifetime mortgage calculator uses two main factors to quickly work out how much tax-free cash you could release:

• Property value: A higher value property will result in a greater amount available to release, should you require it. The minimum property value to be eligible for equity release is £70,000
• Age of youngest applicant: If you are applying as a couple, the amount of equity you can release will be calculated based on the youngest applicant. Both applicants must be aged 55 or over to be eligible

Compare equity release plans

• After your initial calculation, where our calculator reveals how much you could release, you will be able to compare the plans and the different rates that may be available to you
• Learn about the different features that may be an option for you, such as inheritance protection, to help tailor your plan to meet your needs

What is a lifetime mortgage?

A lifetime mortgage plan is usually repaid when it comes to an end and your home is sold. This is when you or the last remaining applicant, either passes away or enters long-term care.

You can release tax free cash as a one off lump sum, or following an initial release in smaller amounts, which is known as a drawdown.  

The amount you can release is dependant on a number of factors, such as age, health and lifestyle, and the value of your property.

Find out more about lifetime mortgages.

Things to consider

• To safeguard your health, our expert equity release advice is now available over the phone, via video appointment, or face-to-face, whichever is right for you. You have to get advice before releasing tax-free cash from your home - please read all our information and make sure it's right for you
• A lifetime mortgage, which is a loan secured against your home, is the most popular form of equity release
• All of our plans meet the Equity Release Council standards and come with several guarantees, including the no negative equity guarantee, which means you’ll never owe more than your home’s value
• All our equity release advice relates to our range of Key branded products only, and our fixed advice fee of £599 is only payable on completion
• Equity release will reduce the value of your estate and may affect any means-tested benefits you're eligible for