Calculate your LISA growth, government bonus, and see how much you could have for your first home or retirement.
| Year | Your Contributions | Gov Bonus | Interest | Total |
|---|
Safe, guaranteed returns, lower interest (2-5%)
Best for: Short-term (under 5 years)Higher potential returns, but value can go down
Best for: Long-term (5+ years)Closed to new accounts, lower bonus, smaller limit
Existing holders onlyAged 18-39. Choose Cash or Stocks & Shares LISA with a provider.
Pay in up to £4,000 each tax year until you're 50. Monthly or lump sum.
Government adds 25% on top of your contributions (max £1,000/year).
Buy your first home (under £450,000) - bonus included.
Withdraw tax-free from age 60 - bonus included.
25% withdrawal charge (covers bonus + some of your money).
No, you must open a LISA between ages 18-39. However, if you already have one, you can continue paying in until age 50.
You can contribute £4,000 per year. If you start at 18 and contribute max until 50, that's £128,000. With 25% bonus, total contributions + bonus = £160,000 plus interest.
Yes, you can use LISA alongside Shared Ownership schemes. You cannot use it with the old Help to Buy ISA (if you have both, you can only use one for purchase).
You pay a 25% withdrawal charge. This means if you withdraw £10,000, you only get £7,500 (the charge recovers the bonus plus some of your money).
Yes, but total contributions across both cannot exceed £4,000 per year. The £20,000 total ISA allowance also applies.
Yes, providers claim the bonus from HMRC and it's usually added 4-8 weeks after your contribution.
Important: This Lifetime ISA calculator provides estimates based on current UK government rules (2025/2026 tax year). Interest rates are variable for cash ISAs and investments can go down as well as up for Stocks & Shares LISAs. Always check with your provider and consider seeking financial advice. Business Outstanders is not a financial advisor.