Considering anscheme to supplement your income in retirement is a big decision and one that isn’t suitable for all homeowners. This is why an equity release calculator can prove to be so useful.
So what are the benefits of an equity release calculator and why is it a useful starting point when considering equity release?
Easy to Use Equity Release Calculator
Most online equity release calculators are designed to be simple and easy to use, requiring just a few minutes and basic details to complete a request. Traditionally, the only information you will need to submit is the value of your house, the value of the mortgage secured against the property and the age of the youngest homeowner.
With this filled in and an email address provided you can instantly find out if you qualify for an equity release scheme.
Get Vital Information Quickly with an Equity Release Calculator
If you do qualify for an equity release scheme you can quickly find out how much you can release from your property.
By adding a few more personal details the potential value available to you through an equity release scheme will be disclosed. Following this initial information you can then decide to proceed and learn about how equity release affects you and what plans are available after receiving full advice from an advisor.
Free No Obligation Initial Advice after Using the Equity Release Calculator
By using the quick and easy process of an equity release calculator you could discover how much you can get and then decide to proceed with no obligation, initial advice from a specialist.
It is during this stage that both the advisor and customer will be able to decide whether an equity release scheme is right. It is worth pointing out that Age Partnership doesn’t charge anything during this initial stage; the only time a payment is required is if a customer decides to go ahead with an equity release scheme and submit an application. Some plans offer a free valuation however, the majority of fees are only payable once a plan completes.
The value in using an equity release calculator as a first-point of call can give you some useful information in an instant and lead to beneficial, no obligation initial advice.