Who gets the house in divorce? How do you split the value?

Use our software-driven, expert-led calculator.

Dividing the value in your home can be extremely confusing and emotional, especially when a family wants to keep children in the home where they've created memories.

We've worked with Certified Divorce Lending Professionals to show you the best options for splitting your equity. 

The Home Equity Buyout Calculator estimates your potential equity to divide with your spouse.

Once we have your information, we'll invite you to a free call to discuss your custom plan with a Certified Divorce Lending Professional from Certified Divorce Lending Pros.

#1 - Sale Leaseback

Convert your home equity into cash while keeping the family dynamic in place. Sell your home to our partner, then rent and stay in the home with the option to repurchase later.

Keep the option to repurchase

Remain as a renter until you are ready to move. At any point, you can choose to repurchase the home for the agreed-upon buyout cost.

Avoid lender restrictions

Our Sale Leaseback partner is not a lender. That means you won’t face credit score or debt-to-income (DTI) requirements.

Retain appreciation

#3 - Cash Out Refinance

Keep your original loan with a higher balance, and use the cash for whatever you like.

Get cash quickly with your existing mortgage

Cash-out refinancing allows you to turn equity into cash by refinancing your mortgage.

May not get access to all your equity

While you can’t cash out all of your equity, it does give you access to more cash fast.

Your loan terms may change

The terms of your refinanced mortgage might be significantly different than your original loan, including a different rate or loan period.

#5 - Home Equity Loan

Home equity loans give the borrower a lump sum upfront. In return, they must make fixed payments over the life of the loan. These loans have fixed interest rates.

You can't borrow more

While getting a fixed lump sum upfront can be good to help you budget, it also means you can't get more money in an emergency. You'd have to get a second loan.

Interest rates are fixed

You will know exactly how much you need to pay per month, but if you want to have lower rates, you will have to refinance.

Your home is your collateral

#7 - Credit Cards

Credit cards are a smart way to access funds while also building credit if used appropriately.

Build your credit with funds more secure than cash

Credit cards are secure and have a lot of benefits in the event you lose the card and or your card has a security breach. Considering it is also credit and not hard cash, it's easier for partners to refund.

High cost of borrowing

Credit cards historically have high annual percentage interest rates which is the amount your credit card partner charges on your balance. For example, if you maintain a balance of $10,000 in credit with a 25% APR you will pay $2,500 per year to maintain that balance.

Reward points 

#9 - Reverse Mortgage

If you are 62 years or older then a reverse mortgage could be something to consider, since you get access to funds immediately without a bill up front.

Keep your home, with no taxes and options for your heirs

A reverse mortgage allows you to continue building memories in your house while accessing equity, with protection from the government. It also gives your heirs options with the home in the event you pass away.

Complicated process and status post completion

Reverse mortgages have ongoing requirements you'll need to adhere to if you continue to use the funds. If your status changes, complications can arise.

Be cautious