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Equity Release Calculators Voluntary Repayment Calculator

Voluntary repayment lifetime mortgage calculator

Voluntary repayment lifetime mortgages are a relatively recent innovation and could provide you with real flexibility in how you manage your equity release plan balance in the future.

That’s because they allow you repay up to 15% of your original balance each year – whenever you want to and have the funds available to do so.

If you are in a position to make some form of monthly, annual or ad-hoc repayment, then the impact on the final amount that has to be repaid when your plan ends will be significant.

Our voluntary repayment calculator gives you good an idea of what these potential savings could be and shows the effect making repayments, or not, has on the future balance.

How much capital could I save?

To get an idea of how much money you could save with our voluntary repayment equity release calculator, we only need you to input a few details -

  • The amount of money you are planning to release.
  • The interest rate you want to use in the calculation.
  • The amount you want to repay each year (which can be up to 15% of the amount released).

Your results are instant and shown within an easy to read table.

The calculation table below shows you the amount of capital you could save through making repayments back to the lender over the lifetime of the loan.


*The balance outstanding assumes repayments are made on day one of the following year.
A lifetime mortgage may run for a longer period than the estimated term shown, if so, the loan balance will be correspondingly higher.


Want to compare voluntary repayment lifetime mortgages?

If you’d like to research the range of voluntary repayment lifetime mortgages that are currently available, then feel free to use our ‘Compare Deals’ functionality which is only available at Equity Release Supermarket.

You’ll be able to see the plan interest rates and their features from all the lenders across the equity release marketplace.

Call us anytime

Your voluntary repayment equity release calculator results may not be what you were expecting, but it’s important to remember they are only a guide. Your local expert adviser is on hand to answer all your questions and find the right plan for you. If you’re ready, why not call them now?


The voluntary repayment calculations are only for illustrative purposes and cannot be guaranteed. To understand the features, benefits and risks of a lifetime mortgage, please contact us and ask for your own individual, personalised illustration.