Voluntary payment equity release calculator
Voluntary payments are becoming a popular feature across most plans including - lump sum, drawdown, interest only and enhanced lifetime mortgages. Plans including the voluntary payment option, allow a maximum of upto 15% of the original amount borrowed to be repaid each year, free of charge and without penalty.
Our voluntary payment equity release calculator will give you an understanding of how much money you could save by inputting how much you'd like to pay back to the lender. So, if you wish to manage your balance by making ad-hoc or regular payments, you can see how much inheritance you could leave behind.