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Retirement Interest Only Mortgage Calculator

A retirement interest-only mortgage is a type of mortgage available to older borrowers, typically aged 55 and above. It allows you to borrow money against your property without having to make monthly payments towards the loan.

Instead, the interest accrued on the loan is paid off when you sell your property, move into long-term care or pass away.

Our retirement interest-only mortgage calculator can help you estimate the amount of interest that will accrue on your loan over time. Simply input the loan amount and interest rate to calculate an estimated total cost.

It’s important to carefully consider if a retirement interest only mortgage is the right option for you, as it may have implications for your inheritance and equity release options. Our team of experts can provide you with personalized advice and guidance on this type of mortgage to help you make an informed decision.

Retirement Interest Only Mortgage Calculator (#8)

Get in touch now to discuss this further with our expert mortgage advisors for free.

The figures provided by this calculator are for illustrative purposes and actual figures would depend on your situation and circumstances. Please connect with our mortgage advisors to discuss further.
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