Turning a release into a monthly income

Some people release equity not for a single purchase but to top up their income for the rest of retirement. This tool turns an amount into a steady monthly figure over a chosen number of years, so you can see what it would actually add to your budget, and what it costs to do it this way.

Amount you release (£)

Income over how many years

Equity release rate (% per year)

Income breakdown

Item	Amount

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