Equity Release Calculator Ireland

What is an Equity Release ?

An Equity Release allows Irish homeowners, typically aged 55 and over, to access the money tied up in their property without having to sell their home. In simple terms, it lets you release some of the value (equity) built up in your home as a tax-free lump sum or regular income.

Equity release is commonly offered through a lifetime mortgage or home reversion plan, where you continue to live in your home while receiving funds based on your property’s value and age.

Our Equity Release Calculator Ireland helps you quickly estimate how much equity you could release from your home, based on your property value, outstanding mortgage balance, and the percentage of equity you wish to release.

For more financial tools and home value estimators, explore our Property & Mortgage Calculators

How to Use the Equity Release Calculator

Using the calculator is quick and simple:

1. Enter your current property value (€) – the estimated market value of your home.

2. Enter your outstanding mortgage (€) – the remaining balance you owe on your mortgage.

3. Enter your release percentage (%) – the portion of your home’s value you want to unlock (e.g. 30%).

4. Click on “Calculate.”

The calculator will instantly display your estimated available equity, showing how much cash you can potentially release after deducting your remaining mortgage.

💡 Example:
If your home is worth €400,000, your mortgage balance is €100,000, and you choose 30% release, your available equity = (€400,000 × 30%) – €100,000 = €20,000.

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How the Calculator Works

The Equity Release Calculator uses a simple formula:

Equity Available = (Property Value × Release Percentage) – Outstanding Mortgage

This formula estimates the maximum lump sum you could release from your property while accounting for any mortgage still due.

• The release percentage usually ranges between 20% and 50%, depending on your age, property value, and lender criteria.

• It gives you an instant estimation to plan ahead for financial goals, retirement, or home improvements.

Please note:
The result is an approximation. Actual eligibility and loan amounts depend on your lender’s policy, age, property type, and market valuation.

Why Use Our Equity Release Calculator?

✅ Ireland-specific calculations – Designed for Irish homeowners and financial conditions.
✅ Instant & accurate – Get quick results without complex forms.
✅ Completely free – No signup or personal details required.
✅ Simple & mobile-friendly – Works perfectly on any device.
✅ Ideal for planning – Helps you estimate funds for retirement, home upgrades, or debt repayment.

This tool helps you understand your borrowing potential before speaking to a financial advisor or lender — saving time and helping you make informed decisions.

FAQs – Equity Release Calculator Ireland

1. What is the minimum age for equity release in Ireland?
Generally, homeowners must be 55 years or older to qualify for an equity release or lifetime mortgage.

2. Will I still own my home after releasing equity?
Yes, with a lifetime mortgage, you retain full ownership of your property and continue to live there.

3. Do I have to make monthly repayments?
Most equity release loans do not require monthly repayments. The amount borrowed plus interest is repaid when the home is sold or the homeowner passes away.

4. How accurate is the calculator?
Our Equity Release Calculator Ireland provides a quick and reliable estimate based on your inputs, but final figures depend on lender assessment and legal valuations.

5. Can I use the calculator for any property type?
Yes, you can use it for houses, apartments, or bungalows across Ireland — as long as the property qualifies for mortgage-based valuation.