House buyout calculator
Estimate net equity, the buyout amount at your entered share, and a rough new-loan total if the keeping spouse refinances to pay the departing spouse and retire the old note. All values are yours — this is not an offer of credit.
Result
Your numbers work. See what you qualify for.
Have your numbers handy — here is a link to this exact scenario.
Link to this exact scenario:
How to use this tool
This tool performs arithmetic on the values you enter. It does not quote a rate, determine eligibility, predict approval, or create an offer of credit.
In the house buyout calculator, net equity is entered home value minus mortgage balance. Closing costs are added to the estimated new loan needed, not deducted from equity. The buyout amount multiplies positive net equity by the ownership share you enter — from your decree, settlement, or negotiation, never a default split.
The estimated new loan needed line adds the remaining mortgage balance, the buyout amount, and entered closing costs. It is rough arithmetic for conversation with a lender, not an approval amount or rate quote.
Home value is the input most often disputed. If parties disagree, pause the calculator and resolve valuation with your attorney and appraiser. Running multiple permalinks with different entered values is fine — label each URL with its assumption source.
Buyout share is not always fifty percent. Reimbursements for premarital down payment, offsets for other marital assets, and unequal awards all change the percentage you should type. The calculator multiplies what you enter; it does not read your decree.
Bring the permalink with your deed, note, decree, and any appraisal to a matrimonial attorney and loan officer on the same call. Ask which values the court order fixes, which the lender must verify, and whether assumption or refinance is the path that actually removes a departed borrower from the note.
If net equity is negative in your entered scenario, the calculator still reports the number so you see the gap before anyone suggests financing. Negative equity buyouts require a different conversation — usually more cash, a short sale, or a negotiated offset elsewhere in the property settlement.
Frequently asked questions
- Is the new loan needed number an approval amount?
- No. It is rough arithmetic: remaining mortgage plus buyout share plus entered closing costs. A lender determines actual loan amount, terms, and approval.
- Where does the buyout share come from?
- From your settlement, decree, or negotiated agreement — enter the percentage you are modeling, not a default 50/50 unless that is what your documents state.