Decide if Keeping Your Home Works

Evaluate the financial impact of keeping your home after divorce carefully.

Gavel and house key on wooden desk

Evaluating Keeping the Home

Making decisions about the family home can feel emotional and complex, especially during divorce. With the right guidance, this choice can become part of a clearer path forward, helping you move into your next chapter with stability and confidence.

Considerations in Keeping the Home

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    How much equity is in the home?

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    Would your spouse buy you out of the home?

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    Is this a financial or emotional decision?

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    What are the alternatives to buying your spouse out of the home?

  • 1.

    Equivalent homes in the area

  • 2.

    Do you want to stay in the area?

  • 3.

    Cost of moving, and what would it cost for something else?

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    How long would you stay in the home?

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    How much will it cost to refinance?

  • 1.

    Assuming that your spouse is on the current mortgage.

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    Can you afford the new payment if there is an increased mortgage payment?

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    How would you buy your spouse out of the home?

  • 1.

    Are there other assets to buy out?

  • 2.

    Would you take less (can you afford) maintenance or child support?

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    Do you need that size home?

  • 1.

    Is it larger than you need?

  • 2.

    Are your kids about to move out?

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    Do you understand the tax impact of selling the home, being bought out of the home, keeping the home short-term, or keeping the home long-term?

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    What is your underlying reason to stay in the home?

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Real estate law concept with gavel