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Divorce & Home Estimator

Estimates for discussion with your attorney, CPA, and lender. Figures are illustrative. Not legal, tax, or financial advice. All math runs in your browser; nothing you enter is sent anywhere.

Nick Nekoo · Divorce & Real Estate in Los Angeles

Divorce & Home Estimator

Estimates for discussion with your attorney, CPA, and lender. Figures are illustrative. Not legal, tax, or financial advice.

A companion to the book Divorce & Real Estate in Los Angeles. All math runs in your browser; nothing you enter is sent anywhere.

1. Sell vs. Buy Out vs. Co-Own

Enter your own numbers. In this illustration, the three options are compared side by side.

Estimated home value

Mortgage balance

Other liens e.g., HELOC

Selling costs commission, title, escrow · illustrative; commissions are negotiable

Buyer credits / repairs

Refinance & closing costs for a buyout

Spouse A share Spouse B = remainder

Spouse keeping the home for the buyout column

Cash the keeping spouse can contribute optional

Compare on the same basis: include selling costs when a kept or co-owned home is sold later (at today's value)

Sell

Selling costs–

Buyer credits / repairs–

Mortgage + other liens–

Net proceeds–

Spouse A share–

Spouse B share–

Buy Out

Total equity–

Payout to Spouse B–

Keeping spouse's required funds payout + refinance costs–

Cash contributed–

Illustrative new loan amount–

Spouse A keeps equity of–

Selling costs when sold later at today's value–

Keeping spouse after a later sale–

Plus a new loan payment: see Calculator 2.

Co-Own

Total equity today–

Spouse A equity today–

Spouse B equity today–

Selling costs + credits when sold later–

Each spouse after a later sale A / B–

Paid at a future sale, plus or minus appreciation and costs.

What each spouse walks away with (illustration)

Spouse ASpouse B

A buyout avoids selling costs today but adds refinance costs and a new loan payment. When the home is eventually sold, selling costs still apply.

2. Buyout Payment Estimate

The loan amount fills in from Calculator 1. You can change it.

Illustrative new loan amount

Interest rate

Term

years

Property tax + insurance per month optional

Current monthly mortgage payment optional, for comparison

Estimated payment

Principal & interest / month–

Taxes & insurance / month–

Estimated total / month–

Change vs. current payment–

Loan-to-value–

3. Debt-to-Income Illustration (optional)

Monthly housing payment from Calculator 2

Car loans / month

Credit card minimums / month

Support paid / month

Gross monthly salary

Support received / month

Debt-to-income

Monthly debts–

Monthly income–

Debt-to-income–

Lenders set their own limits and decide how support income is counted. Ask your lender.

Want these numbers for your own home, based on recent sales near you? Review them with your attorney, CPA, and lender.

Request a free net sheet from Nick Call (310) 906-0055