This simple and effective calculator can help you calculate the buyout amount for your house in a divorce.

House Buyout Divorce Calculator

One of the biggest decisions that needs to be made during the divorce settlement process is what to do with the house.

Potential solutions for dividing equity in the house include a divorce house buyout, an outright property sale, or even a deferred property sale.

Since the house usually represents a large portion of a couple’s net worth, it’s important to seek good advice when assessing your options.

Engaging with a knowledgeable real estate agent or a savvy divorce attorney can be a huge help in the decision-making process.

Regardless of the route you choose, it’s important to know how to calculate your home’s equity as a necessary first step.

What is Home Equity?

Simply put, house equity is the difference between the value of your home, and the amount of outstanding mortgage loans or liens you have borrowed against it.

For example, if your home is worth $750,000, and you have an outstanding mortgage balance (or balances) totaling $250,000, then total equity in the house is equal to $500,000.

The higher the appraised value, the more equity you are considered to have. This equity will be split during the divorce settlement process.