Step 1 of 5
Your property
Start with the basics. Enter your best estimates — we'll use these to model both scenarios. The comparison chart updates live as you go.
Current property
$
Recent comparable sales or agent appraisal
$
Current outstanding mortgage balance
$
Reduces effective loan balance
%
Typically 50% for joint owners
$330,000
$165,000
Ongoing property costs (annual)
$
$
$
Approx 0.5–1% of value annually
General information: Property values and equity figures are estimates only. Actual equity entitlement is subject to legal agreement, formal valuation, and family law proceedings. This calculator does not constitute legal or financial advice.
Step 2 of 5
If you keep the home
Model what keeping the property looks like — the new loan you'd take on, your monthly repayments, and what the property might be worth over time.
New loan after settlement
To keep the home, you typically need to refinance the existing loan into your sole name and buy out your partner's equity share. The new loan combines both.
$
Agreed equity share based on settlement
$
Solicitor, conveyancer, title transfer
$588,000
Existing loan + buyout + legal costs
78.4%
Under 80% avoids LMI in most cases
%
yrs
$3,731 /mo
$44,772 /yr
Growth assumptions
%
Adelaide long-term average ~4–5% p.a.
$6,600 /yr
Rates, insurance, maintenance from Step 1
Step 3 of 5
If you sell and rent
Model what selling looks like — net proceeds after costs, where you'd invest them, what renting would cost, and how that position might evolve over time.
Sale proceeds
$
%
Adelaide average 2–3%
$
$
$724,750
After agent, legal and other costs
$152,375
After repaying loan — available to invest or deposit
Renting
$
Comparable property in same area
%
Adelaide rents have grown ~5–8% recent years
What you do with your settlement proceeds
The power of the sell option depends heavily on what you do with the settlement proceeds. A high-interest savings account or diversified investment can meaningfully close the gap with property.
% p.a.
HISA ~5%, balanced fund ~7%, share portfolio ~9–10%
Starting with $152,375
Note: Capital gains tax may apply if the property was not your primary residence for the full period. This calculator does not account for CGT. Please consult a tax adviser before making a decision.
Step 4 of 5
The comparison
Here's how both paths compare over time — net wealth position, monthly cash flow, and the point at which one strategy outperforms the other.
Time horizon
5
years
10
years
15
years
20
years
Net wealth position over time
Equity if keeping vs. investment balance minus cumulative rent if selling — rough estimates only
Keep the home (equity)
Sell and rent (net investment)
Now
Year 5
Year 10
Calculating...
Scenario A — Keep
Keep the home
Monthly repayment—
Ongoing property costs—
Total monthly outgoing—
Property value in 10 yrs—
Loan remaining in 10 yrs—
Est. net equity in 10 yrs—
Scenario B — Sell
Sell and rent
Monthly rent—
Investment starting balance—
Total monthly outgoing—
Investment value in 10 yrs—
Cumulative rent paid in 10 yrs—
Est. net position in 10 yrs—
Monthly cash flow — Year 1
| Item | Keep the home | Sell and rent |
|---|
Step 5 of 5
What this means for you
These numbers give you a starting point — a direction. A conversation with Jason or Steve will help you understand what's actually achievable given your complete picture, your lender options, and your legal position.
Your comparison summary
Calculating...
Things this calculator cannot tell you
Capital gains tax
If the property is not your primary residence for the full ownership period, CGT may apply on the sale. A tax adviser can assess your specific position.
Your borrowing capacity
Whether you can actually service the keep-home loan on your solo income depends on lender assessment. Our solo borrowing calculator gives an indicative figure.
Legal agreement timing
Consent Orders or a Binding Financial Agreement are needed before most lenders will proceed. Your solicitor manages this timeline.
Stamp duty on transfer
Transferring title from joint to sole ownership may incur stamp duty in some states. Check with your conveyancer — SA has some concessions for spousal transfers.
Talk to Jason or Steve — it's free and private
A conversation will help you work out which path is actually achievable — and how to structure the finance once your legal team has the settlement in motion.
⚠ General information only: This calculator provides rough estimates for illustrative purposes only. It does not constitute financial, legal, or tax advice. Property values, growth rates, and investment returns are assumptions and may not reflect actual outcomes. Always seek independent legal, financial, and tax advice. National Debt Helpline: 1800 007 007.