Equity release interest rates calculator
How this Equity release interest rates calculator works
Equity release interest rates are the cost that is charged on the equity you release. It is mainly compounded interest.
All you need to input is the value of the loan amount, the interest rate and term.
The interest cost is the interest you have to pay over the term of the loan taken.
If you need financial advice and you live in the UK then you could contact the Money Advice service over the phone or via chat for impartial advice.
You can also contact the debt charity “Step Change” if you are in debt and need help.