Equity Release In a Nutshell
Come across this phrase for the first time? Well, equity release can be simply defined as a means of retaining possession of your house, and while at the same time taking a reasonable amount if capital &/or income based on its capital value. So, to our main concern here, what’s an Equity Release Mortgage calculator? This is a lifetime mortgage calculator that helps you as the client, to decide whether equity release is right for you or not.
It focuses on the maximum costs and benefits of equity release. Equity release is mostly considered by the aged who do not have any intentions of leaving their entire hard earned assets to a bunch of expectant heirs.
How Does An Equity Release Calculator Work?
In order to use an Equity Release Calculator, you will be required to give a few basic details concerning age(s), the property location and its ownership. Once you input the necessary details, the calculator shows how much you can get from the home. Read More...