🏠 Lifetime ISA Calculator 2026
Calculate your LISA growth with 25% government bonus and compound interest
Your Details
Your LISA Projection
Updated: NowYear-by-Year Projection
| Year | Age | Opening Balance | Contributions | Government Bonus | Interest | Closing Balance |
|---|
Understanding Your Lifetime ISA
Government Bonus
You get a 25% bonus on contributions up to £4,000 per year. That's up to £1,000 free money from the government annually.
First Home Purchase
You can use your LISA for your first home purchase (up to £450,000 property value). Must have held account for at least 12 months.
Retirement Savings
Withdraw tax-free from age 60. Early withdrawals (except first home) incur a 25% penalty (effectively losing some of your own money).
Annual Allowance
You can contribute up to £4,000 per tax year into your LISA. This counts towards your overall £20,000 ISA allowance.
Interest Rates
Current best LISA rates range from 3.0% to 4.5% AER. Interest is tax-free and compounds over time.
Eligibility
You must be 18-39 to open a LISA. You can pay in until age 50, and withdraw from age 60.
This calculator provides estimates based on current LISA rules. Government bonus is paid monthly on contributions. Withdrawals for first home require account to be open for at least 12 months. Early withdrawals (except first home) incur a 25% penalty.