If you are new to care you may want to start here:
How Long Will My Money Last Paying for Care?
Estimate how long savings, investments and assessable assets may last when paying for care in the UK.
In England, £23,250 is the upper capital limit often used in local authority financial assessments. If assessable capital is above this amount, a person will usually be treated as a self-funder. When capital falls below this level, the local authority may begin contributing depending on the financial assessment and care needs.
1. Type of care
How is your home treated?
If you receive care at home, the value of your main home is usually ignored.
If you move into a care home permanently, the value of your home may be included unless a disregard applies.
The local authority may also ignore the property for the first 12 weeks of permanent residential care.
If the property is included but cannot be sold immediately, a Deferred Payment Agreement may be available through the local authority.
Be careful about giving away property or savings to avoid care fees. This may be treated as deliberate deprivation of assets.
2. Savings and investments
3. Monthly income
4. Monthly care costs
This calculator gives an estimate only and is not financial advice. Care funding rules vary across the UK and individual circumstances differ.
If you are new to care then you may want to start here