The sourcing platform says the tool is designed to improve transparency and clients’ understanding of the cost implications of different equity release products.

It was developed in direct response to adviser feedback allows brokers to  compare up to four borrowing scenarios side by side, with forecasting that incorporates house price inflation, property value, initial borrowing, interest rates, fees and payment options. 

Payment strategies can also be modelled, including optional, mandatory, interest-serviced and interest-only payments.

The calculator includes an adjustable term display to avoid unrealistic long-term projections, future drawdown modelling to demonstrate the impact of delayed borrowing and interest rate stress-testing to show how varying future rates may affect outcomes.

Advisers can use the tool to generate graphs and tables for client presentations and compliance records.

Advise Wise senior strategic partnership manager Daniel Edmondon says: “Finding the right solution for consumers begins with having meaningful conversations.

“We’re pleased to be offering advisers with new tools to be able to demonstrate the available options to their clients, to help them make informed decisions on how to achieve their financial goals in a way that works best for them.

“The latest offering underlines Advise Wise’s commitment to supporting advisers in the later life lending space, and we look forward to using it as a foundation on which to continue building on throughout 2026, ensuring they receive the tools and support to continue delivering best outcomes for consumers in later life.”