Calculate your mortgage after a divorce.

Divorce and mortgage calculation

What happens to your mortgage when you get divorced? With a home in both your names, sooner or later you will have to divide it up. Perhaps you or your ex-partner want to stay in the home, but you could also decide to sell the house together and pay off the mortgage with the proceeds. Any residual debt or surplus value then has to be divided. After all, you are both jointly liable. Whatever you choose, a divorce involves a lot.

It is important to look closely at the different situations and use that to work out what is possible. Despite the emotionally difficult time you may be going through, it is important to settle the finances as well as you can. A mortgage and a divorce call for expert advice and professional guidance. Whichever option you choose, experience shows that peace of mind about the finances and the mortgage leads to a better divorce process.

Calculating your mortgage after a divorce?

Curious about your options for a mortgage after a divorce? You can use our handy tool. This gives you a clear picture of your financial position and of your options for buying a new house. You can also easily calculate the options for staying in your current home with our divorce and mortgage tool.

Does it turn out that you can take out a new mortgage, or that it is better to sell the home together? Whatever your situation, a specialist can give you sound advice about the available options. To make the division fair and to make sure that neither party is faced with unpleasant surprises down the line.

Request a free, no-obligation consultation with an expert who can tell you more about divorce and the mortgage. You can request this using the form above. Professional advice tailored to your personal situation.

Mortgage and divorce: what is involved?

Divorce and the mortgage bring a number of important tax and financial matters with them. Something you can look at in a relaxed way with a specialist, knowing that no important issues are overlooked. Here are a few important parts of the division:

• Dividing the household contents;
• Dividing the assets;
• Dividing the debts;
• Divorce and the pension.

Dividing the household contents

A fair and practical division of the household contents helps both of you to process and close this chapter in the best way. For example, it is often sensible to leave built-in kitchen appliances in the home and to make sure that as little as possible changes for the children.

Dividing the assets

Assets include things like joint savings accounts, insurance policies and any cars or shares you own. If you managed these together, it is important to divide them fairly. This is an important part that, like the mortgage and the divorce, you will have to deal with.

Dividing the debts

Are there debts on the other side? Those have to be divided too, if you took them on together. Is the mortgage underwater during the divorce? Or is the house sold at a loss because it had to happen quickly? Like debts from the past, all of this can affect the division. A specialist can help you look at this properly.

Divorce and the pension

Finally, when getting divorced it is important to take the pension into account. For a fair division of it and so that you can each build up your own pension separately afterwards.

Mortgage after divorce: calculate online

Curious about your options for a mortgage after a divorce? You can use our tool, so that you get a clear picture of your financial position and of your options for buying a new house or staying in the home.

Does it turn out that you can take out a new mortgage, or that it is better to sell the home together? In all the different situations, a specialist can give you sound advice about the available options and help make the division fair, so that neither of you is faced with any tax or financial skeletons in the closet down the line.

Request a free, no-obligation consultation with a specialist who can tell you more about divorce and the mortgage. You can request this using the form above. Professional advice tailored to your situation. To explain in plain language what your options are and what you need to keep in mind.