Free · No sign-up · Updated August 2026
Free Mortgage Calculators US, UK & Canada
Most equity release and mortgage calculators online ask for your name, email and phone number before they'll show you a single number. Ours don't. Type in your age and property value, get your figures straight away, and close the tab if you want — nothing you enter ever leaves your browser.
Equity release calculator — most popular tool
Updates liveSee how much tax-free cash you could unlock, and how the debt grows over 25 years. Full deep-dive tools for every route are linked below.
| Year | Debt owed | Home value | Equity left |
|---|
Illustrative estimates based on 2026 UK lender LTV tables and roll-up compound interest. The No Negative Equity Guarantee means you can never owe more than your home's sale value with an Equity Release Council member plan. Always speak to an FCA-authorised adviser before proceeding.
Updated daily & monthly
Today's mortgage rates — US, UK & Canada
Live US averages plus reviewed UK and Canada figures, all in one place. Rates shown are national averages, not a personalised quote.
US rates: Freddie Mac PMMS weekly average. UK & Canada: reviewed against published lender rates monthly by our editor.
Who's behind this
The person who checks these calculators
This site isn't run by an FCA-authorised adviser, and nothing here is regulated financial advice — it's a set of calculators, not a recommendation. If you're seriously considering equity release, a remortgage, or anything else on this site, please speak to someone who is currently regulated to advise you. Every page says that more than once, because it matters.
All calculators
All 80+ free mortgage calculators, US, UK & Canada
Every free calculator below covers a specific US, UK or Canada mortgage, equity release, pension, tax or insurance question, and runs instantly in your browser — no registration, no personal details, no data stored. Browse by category or use the search bar above to jump straight to the calculator you need.
US mortgage tools
Estimate your monthly US mortgage payment including principal, interest, taxes, insurance and PMI. Full amortization breakdown included.
Use this toolSee how much house you can afford in the US based on income, debts and down payment, using the 28/36 rule lenders actually apply.
Use this toolSee your new monthly payment, lifetime savings and break-even point before refinancing a US mortgage. Instant results.
Use this toolSee your full US loan payment schedule, extra payment savings and payoff date. Year-by-year principal and interest breakdown.
Use this toolSee your break-even year and which option builds more wealth, using the same opportunity-cost model major US calculators use.
Use this toolEstimate your VA loan payment and 2026 funding fee, with no down payment and no PMI required. Built for eligible veterans and service members.
Use this toolEstimate your monthly FHA payment with upfront and annual MIP included, using 2026 FHA rates most other calculators leave out.
Use this toolCompare up to three US loan offers side by side, including monthly payment, total interest and fees — not just the headline rate.
Use this toolSee your front-end and back-end DTI instantly, and what US mortgage lenders expect before you apply.
Use this toolSee an itemized breakdown of US lender fees, title costs and prepaid items before you close on a home.
Use this toolSee your draw period and repayment period payments, plus your maximum available home equity line of credit.
Use this toolSee your initial payment and worst-case maximum payment for a 5/1, 7/1 or 10/1 adjustable-rate mortgage, including rate caps.
Use this toolWork out a fair earnest money deposit for your offer based on how competitive the market is, and see what's actually at risk if the deal falls through.
Use this toolEstimate your monthly payment, balloon payment and total interest on an owner-financed home, including the balloon math most tools skip.
Use this toolSee how much equity you can borrow against your current home to buy before you sell, plus the true total cost of a bridge loan.
Use this toolUS retirement planning
Canada mortgage & tax tools
See your qualifying rate, GDS/TDS ratios and maximum mortgage using the correct Canadian semi-annual compounding formula.
Use this toolSee your mortgage default insurance premium, provincial tax and total mortgage cost if you're putting less than 20% down.
Use this toolCovers Ontario, Toronto municipal tax, BC property transfer tax and first-time buyer rebates across Canada.
Use this toolMortgages & borrowing
See how much you could borrow in 2026 based on your income, deposit and monthly outgoings. This free UK and Canada mortgage affordability calculator gives an instant estimate — no sign-up, no credit check.
Use this toolGet an instant mortgage in principle estimate before you apply with a lender. Useful for UK house-hunters who want to know their realistic borrowing power ahead of an offer.
Use this toolCalculate monthly repayments, total interest and an estimated Stamp Duty cost for a UK or Canada residential mortgage. Adjust term and rate to compare different mortgage deals.
Use this toolCompare your current UK mortgage deal against new remortgage offers and see the monthly and annual saving. A quick way to check if switching lenders is worth it in 2026.
Use this toolEstimate the payment shock at mortgage renewal in Canada and see five practical ways to reduce it. Built around current Canadian lender renewal rates.
Use this toolCompare a product transfer, a full remortgage, or doing nothing when your UK deal ends. See the true cost of each option side by side.
Use this toolWork out mortgage affordability using net profit, salary plus dividends, or day rate — built for self-employed applicants in the UK and Canada. No accountant required for a quick estimate.
Use this toolSee how much more you could borrow toward a UK property with a guarantor added to the mortgage application. Compare guarantor vs standard borrowing limits instantly.
Use this toolCombine two incomes to see how a joint UK mortgage application changes your total borrowing power. Free calculator for couples, friends or family buying together.
Use this toolCalculate rental yield, the ICR stress test and top-slicing for a UK buy-to-let mortgage. Essential for landlords checking affordability before applying.
Use this toolEstimate affordability and rental yield for a UK furnished holiday-let mortgage. Covers the seasonal income assumptions lenders typically apply.
Use this toolModel investment, owner-occupied and semi-commercial UK mortgage scenarios. See indicative rates and repayment figures for commercial property finance.
Use this toolWork out the monthly cost of a UK shared ownership property and what staircasing to buy more of your home would cost. Compare shares from 25% up to 100%.
Use this toolCalculate the exact cost of buying a further share of your shared ownership home in the UK. See how staircasing affects your monthly payments and equity.
Use this toolEstimate your Right to Buy discount on a UK council home and the mortgage you'd need to complete the purchase. Discount bands are based on 2026 scheme rules.
Use this toolSplit a UK mortgage between repayment and interest-only and see the blended monthly cost. Useful for borrowers weighing flexibility against long-term interest.
Use this toolCalculate retirement interest-only (RIO) mortgage borrowing based on your retirement income in the UK. A lower-risk alternative to equity release for some homeowners.
Use this toolSee how much you could borrow with a UK second charge mortgage without disturbing your existing first mortgage deal. Compare against remortgaging in one view.
Use this toolEstimate short-term UK bridging loan costs for buying a new property before your current one sells. Includes typical bridging interest rates for 2026.
Use this toolWork out whether a UK home improvement project genuinely pays for itself once remortgage interest is factored in. Compare renovation cost against added property value.
Use this toolCalculate your loan-to-value (LTV) ratio on a UK property and see which mortgage rate band it unlocks. A key number lenders use to price every mortgage deal.
Use this toolSee exactly what you'd pay if you rolled onto your UK lender's standard variable rate (SVR) after your current deal ends. Compare it against staying on a fixed rate.
Use this toolCalculate the interest saved by overpaying a UK or Canada mortgage, and whether overpaying beats other uses of the same money. Includes year-by-year savings breakdown.
Use this toolWork out the Stamp Duty, Land Registry fee and total cost of adding or removing someone from your UK property title — often less than people assume.
Use this toolEquity release & later life
Compare all four UK equity release routes — lump sum, drawdown, RIO and home reversion — on what's left for your estate. Includes the means-tested benefits trap most calculators miss.
Use this toolGet a fast UK equity release estimate from just your age, health and property value. No other detail needed for a quick tax-free cash figure.
Use this toolModel a UK lifetime mortgage with correct MER compounding, LTV cliff pricing, and the gilt-linked early repayment charge (ERC). The most detailed free lifetime mortgage calculator on the site.
Use this toolSee how voluntary repayments on a UK equity release plan cut your outstanding balance, and whether any ERC applies. Model different repayment amounts side by side.
Use this toolCalculate a UK home reversion plan, where you sell a share of your property instead of borrowing against it. No interest ever accrues under this equity release route.
Use this toolEstimate cash available from a Canadian reverse mortgage from age 55, and what compounding interest does to your estate over time. Based on current Canadian reverse mortgage lender rates.
Use this toolCalculate how much equity you currently hold in your UK or Canada home, shown as both a percentage and a cash amount. A quick first step before considering equity release or remortgaging.
Use this toolEstimate UK care home or home-care costs and explore ways to fund them, including equity release. Based on 2026 average UK care fee data.
Use this toolEstimate UK solicitor and court fees for settling an estate through probate. A quick planning tool for executors and beneficiaries.
Use this toolPensions & annuities
Estimate guaranteed UK pension annuity income on standard and enhanced plans using current 2026 annuity rates. Compare providers instantly without contact details.
Use this toolCompare annuity income against pension drawdown, including sequence-of-returns risk and your guaranteed income floor. Built for UK retirees weighing their options.
Use this toolSee how long a UK pension pot lasts under flexi-access drawdown, plus your available tax-free cash. Adjust withdrawal rate to test different retirement income scenarios.
Use this toolStress-test a UK pension drawdown rate against market downturns and sequence-of-returns risk. See whether your withdrawal plan survives a bad decade.
Use this toolCheck how much you can pay into a UK pension tax-free this year under the current annual allowance. Includes tapering rules for higher earners.
Use this toolWork out your UK tax-free pension lump sum limit under the Lump Sum Allowance (LSA), which replaced the old Lifetime Allowance. Updated for 2026/27 thresholds.
Use this toolEstimate your UK State Pension income from your National Insurance contribution record. A quick way to spot gaps before you claim.
Use this toolProject how a UK self-invested personal pension (SIPP) could grow over time with regular contributions. Model different growth rates and contribution levels.
Use this toolInsurance & protection
Calculate how much UK life insurance cover you need and see estimated premiums by policy type. Compare level, decreasing and family income benefit options.
Use this toolEstimate UK life assurance cover and premiums across level, decreasing and whole-of-life policy types. A free way to sense-check quotes before you buy.
Use this toolEstimate the UK critical illness cover and premium you'd need against a serious diagnosis. Based on typical income replacement needs.
Use this toolWork out how much monthly UK income protection cover you'd need if illness or injury stopped you working. Includes waiting period and benefit term options.
Use this toolTax & savings
Work out exactly what UK Stamp Duty Land Tax (SDLT) you'll owe on your next home purchase in 2026. Covers standard rates, first-time buyer relief and second-home surcharge.
Use this toolCalculate the extra UK Stamp Duty surcharge on additional properties and buy-to-let purchases. Get a precise figure based on 2026 SDLT bands.
Use this toolEstimate UK Capital Gains Tax (CGT) owed on the sale of property or other assets in 2026. Includes your annual CGT allowance in the calculation.
Use this toolWork out Capital Gains Tax due when selling an inherited UK property, using probate value as the cost basis. A common calculation executors need to get right.
Use this toolEstimate the UK Inheritance Tax (IHT) bill on an estate, including the nil-rate band, residence nil-rate band and common reliefs. Updated for 2026 thresholds.
Use this toolWork out UK tax owed on dividend income above your tax-free dividend allowance. Covers basic, higher and additional rate dividend tax bands for 2026.
Use this toolEstimate your UK council tax band and annual bill by property value and local authority. A quick check before moving or challenging your current band.
Use this toolSee how much UK tax a couple could save by transferring the Marriage Allowance between a lower and higher earner. Free calculator with current 2026 allowance figures.
Use this toolProject tax-free growth on UK ISA savings over time, including regular contributions. Compare Cash ISA and Stocks & Shares ISA growth scenarios.
Use this toolCompare the UK Lifetime ISA 25% government bonus against saving without one for a first home deposit. See which route leaves you better off.
Use this toolCalculate compound or simple interest on UK savings, including monthly top-ups and year-by-year growth. Compare accounts before you switch.
Use this toolEstimate monthly UK student loan repayments and the year your loan is likely to be written off. Covers Plan 1, 2, 4 and 5 repayment thresholds.
Use this toolCheck your debt-to-income (DTI) ratio the way a UK mortgage lender would before you apply. A key affordability metric most borrowers never check in advance.
Use this toolSee what a UK financial adviser's fee could look like as a percentage of assets or a fixed cost. Compare both fee structures before you commit.
Use this toolLife events
Get a starting UK estimate of how assets, property and pensions could be split in a divorce settlement. A planning tool, not a substitute for legal advice.
Use this toolEstimate the UK premium to extend a leasehold property's lease under current valuation methods. Useful before instructing a solicitor or surveyor.
Use this toolSee how UK ground rent adds up over the remaining life of a leasehold property. Includes doubling clause scenarios where relevant.
Use this toolWhy people use this site
A few reasons homeowners keep coming back
Nothing revolutionary here — just calculators that work properly, don't ask for your email, and get their numbers checked.
Nothing you type is stored
Your age, property value and mortgage balance are processed by the JavaScript running in your own browser tab. None of it is sent to a server, logged, or saved anywhere — close the tab and it's gone.
No email, no callback, no wait
You won't be asked for contact details to "unlock" a result, and nobody will phone you afterwards. Type your numbers, see the answer, done.
Built on real lender maths
The LTV bands and roll-up interest formula behind each tool mirror what UK equity release lenders and Canadian reverse mortgage providers actually use.
Rechecked against current rates
Interest rate ranges and LTV tables are reviewed against published lender illustrations roughly once a month, most recently in August 2026.
The maths behind the numbers
How the equity release calculator actually works
You shouldn't have to trust a black box. Here's exactly what happens when you press calculate.
Your maximum release is set by age
Lenders use a loan-to-value table that rises with age — roughly 20% at 55, climbing toward 55% by 85. The calculator looks up your age, multiplies it by your property value, and subtracts any existing mortgage. That's your maximum lump sum.
Interest is compounded, not simple
Because most equity release plans take no monthly repayments, the interest charged each year gets added to the debt, and next year you're charged interest on that too. The projection table compounds your rate annually across 25 years.
House price growth is an assumption
The chart assumes 2% annual growth — a conservative long-run average, not a forecast. Nobody knows what property prices will do, which is exactly why the debt-vs-value chart is there: to show how sensitive your outcome is to that one assumption.
⚠ Where this calculator falls short
- It doesn't know your health, so it can't confirm an enhanced-plan uplift — only your own provider can, after underwriting.
- It can't see arrangement fees, valuation fees or legal costs, which typically add a few thousand pounds to a real plan.
- It assumes a single fixed rate for the whole term. Some plans price the initial withdrawal differently from later drawdowns.
- It's built around a single applicant's age. Joint applications use the youngest borrower's age, which the calculator accounts for, but couples' circumstances vary in ways a calculator can't fully capture.
What we collect: nothing from the calculators themselves. We may use basic, anonymised analytics to see which pages get used, the same as almost any website — but your age, property value and results never touch a server.
What these tools are for: every figure on this site is an illustrative estimate to help you understand roughly where you stand before you talk to anyone. It is not a mortgage offer, a quote, or financial advice.
Before you act on a result: speak to an FCA-authorised adviser (UK) or a licensed mortgage professional (Canada). They'll factor in fees, health, joint circumstances and your specific lender's terms — none of which a calculator can see.
Understanding equity release
What is equity release?
In plain terms: equity release lets UK homeowners aged 55 and over take tax-free cash out of their property without selling it or making monthly repayments. That's the whole idea — the rest is detail.
The version most people end up with is a lifetime mortgage. You're borrowing against your home's value, the interest compounds and rolls up, and the loan gets repaid when you die or move into long-term care. You stay the legal owner the entire time.
You can take the money as a lump sum lifetime mortgage (everything upfront) or a drawdown lifetime mortgage, where you take an initial amount and leave the rest in reserve to draw on later. Drawdown tends to work out cheaper in the long run, because interest only builds on the cash you've actually taken. A retirement interest-only (RIO) mortgage is worth a look too, if you'd rather pay the interest monthly and stop it rolling up at all.
There's a second, less common route: a home reversion plan, where you sell a percentage of your property below market value in exchange for a lump sum or regular payments. Fewer providers offer these now, but they still suit some situations.
Canadian homeowners have their own version — a reverse mortgage, available from age 55, letting you borrow up to around 55% of your home's value with no monthly payments required.
Every Equity Release Council member plan is FCA regulated and legally requires independent financial and legal advice before proceeding. Watch for early repayment charges (ERCs) if you think you might repay early, and keep in mind that releasing equity shrinks your estate, which can affect inheritance tax and means-tested benefits like Pension Credit.
How much can I release?
Maximum release by age
Maximum equity release loan-to-value by age, on a £350,000 home.
| Age | Max LTV | On £350,000 home |
|---|---|---|
| 55 years | 20% | £70,000 |
| 60 years | 26% | £91,000 |
| 65 years | 33% | £115,500 |
| 70 years | 40% | £140,000 |
| 75 years | 46% | £161,000 |
| 80 years | 51% | £178,500 |
| 85 years | 55% | £192,500 |
Enhanced plans (health or lifestyle conditions) may qualify for meaningfully higher LTV. Use the equity release calculator above for a personalised estimate, or the how much equity can I release tool for the quickest version.
Side by side
Equity release vs remortgage
Which option is right for you? Compare the key differences before you decide.
| Feature | Equity release (lifetime mortgage) | Remortgage to release equity | Home reversion plan |
|---|---|---|---|
| Minimum age | 55+ | No minimum | 60–65+ |
| Monthly payments | Not required | Required monthly | Not required |
| Retain full ownership | Yes — 100% | Yes — 100% | Partial only |
| No negative equity guarantee | Yes (ERC members) | N/A | Yes |
| Interest type | Fixed for life (compound) | Fixed or variable | No interest charged |
| FCA regulated | Yes | Yes | Yes |
Common questions
Frequently asked questions
Everything you need to know about equity release, remortgaging, lifetime mortgages and annuity rates.
QHow much equity can I release from my home?+
QWhat is the difference between equity release and a lifetime mortgage?+
QWhat are UK annuity rates in 2026?+
QCan I get a mortgage if I'm self-employed?+
QLump sum vs drawdown lifetime mortgage — what's the difference?+
QHow does compound interest work on equity release?+
QWhen should I remortgage?+
QHow does a reverse mortgage work in Canada?+
QWhat is the No Negative Equity Guarantee?+
QDoes equity release affect my State Pension or benefits?+
QWhat are equity release interest rates in 2026?+
QAre these calculators accurate?+
Built for people who just want a straight answer