Lifetime Loan Calculator

Welcome to the Seniors Money Lifetime Loan Calculator which has been designed to enable you to run your own illustrations. Use the Seniors Money Lifetime Loan calculator to determine how much you could receive from a Seniors Money Lifetime Loan.

Step 1
Enter your age(s) and the estimated value of your home. The calculator will show the maximum amount that you can borrow.

Step 2
Enter the lump sum payment you would like to receive, an assumed growth rate and an assumed interest rate and we will provide you with an estimate of your property's future value, the future loan balance and the amount of capital remaining for you or your beneficiaries at various ages.

Step 1

In the case of joint borrowers, both must be aged at least 60 years of age. The age of the younger borrower is used to determine the maximum loan value.

Step 2
Max Borrowable Amount: €

There is a minimum loan value of €20,000 and an overall maximum loan limit of €200,000 irrespective of age or property value.

% p.a

Your property value may increase over time. Please enter the assumed property growth rate you would like to use for this illustration. (The default property growth rate is 2% per annum.)

% p.a

The default rate in the calculator is 4.9% per annum (5.13% APR), which is representative of current rates. You can enter different interest rates in the calculator to see their effect on the results.

Loan Details
Loan Summary Details
Age of Younger Applicant:
Estimated Property Value:
Assumed Growth Rate:%
Assumed Interest Rate:%
Maximum loan amount:
Requested loan amount:
Establishment fee:
Net loan proceeds:

Age Years Loan Balance Estimated Property Value Equity Remaining

Interest on the loan is calculated at the rate entered above, and compounded monthly.
The estimated future property value is based on the estimated value of the property and the rate of growth entered.
The equity remaining is based on the estimated future property value, less the accumulated loan balance. It does not allow for any costs that may be incurred upon sale of the property.

This Seniors Money Lifetime Loan calculator is for illustrative purposes only. It does not guarantee any future equity in your home.
Property values may not increase over the term of the mortgage, and could even fall.
If the amount of equity remaining is shown as zero, our No Negative Equity Guarantee would ensure that you would not have to repay more than the net sale proceeds of your property.

Warning: While no interest is payable during the period of the mortgage, the interest is compounded on a monthly basis and is payable in full in circumstances such as death, permanent vacation of or sale of the property.

Warning: Purchasing this product may negatively impact on your ability to fund future needs.