Do you start in the middle of a maths problem in order to solve it? When you have a maths problem you have to start with a beginning. You need a couple of values that will be used to determine the answer, right? This is how you should look at the equity release mortgage calculator and equity release industry. If you want to find out if equity release is a viable option for your retirement income,…
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Equity Release
Which Websites include an Interest Only Lifetime Mortgage Calculator?
Lifetime mortgages come in four types: lump sum, drawdown, enhanced, and interest only. The first three options can use the same calculator because they are all similar in one thing- they compound interest onto the back of the loan until the loan is paid off. A lifetime mortgage is not paid until the homeowner dies or moves to long term care. At this time the full capital sum is to be paid along…
Gardening in a Limited Space
If you have recently moved to Stonehaven and you are keen to cultivate your small allotted garden, you might be wondering how to get started on the business of cultivating such a limited space. One thing to worry about is the funding required to start your garden. Certainly you recently gained a place to live and hopefully you did so with savings so there is no mortgage. Yet, if you used all your…
Sort Yourself Out – Think Retirement Solutions
It is a sad fact of life that many people leave it far too late to sort out their finances before they reach retirement age and it happens all too often that people suddenly think of this in their forties when it is much harder to build up a decent nest egg. Some are at least property rich in that they own their home so possible options like the Stonehaven equity release is a possibility. For…
Using Home Equity Release Schemes to Build a Better Life
Equity release schemes are a reliable way for homeowners, mostly those over the age of 55, to capitalize on the investment they have made in their home or property. Through release of equity, homeowners are given a cash sum, income, or a combination of cash and income while being afforded the opportunity to stay living in their home. Through these options, the homeowner still owns the home w…
When You Should Contact Stonehaven
When thinking about an interest only lifetime mortgage, you may become overwhelmed with the abundance of information that you may find on the Internet. To understand it better you may want to go to Stonehavenequityrelease.info or contact Stonehaven by phone to get an idea on how much you could be paying out of your pocket each month. In order to find that out, you will need to use an equity…
Why a Drawdown Lifetime Mortgage May Be Your More Favourable Scheme
Equity release schemes were launched by many companies to help people meet their financial requirements after their retirement by releasing the equity held in their home. Unluckily, most of the old equity release schemes turned out to be quite rigid in nature. In equity release schemes, people used to forecast their future fund requirements for the next five years and turn in an application to…
How can an Equity Release Calculator assist in releasing equity from my home?
For most people, heading into retirement means a cut in monthly income. If you are facing this kind of financial setback, then the chances are good that you are keen to investigate strategies by means of which to enhance your pension plan.
Taking on an equity release policy is one way to achieve this. Equity release is a blanket term used to refer to financial products which allow you to…