If we sold today
Put in the sale price, the mortgage and the costs of selling. See what each of you would get under three common ways of splitting it. Free, nothing saved.
Illustration only: ignores tax, moving costs and who paid the mortgage month by month.
What each of you would get
- Sale price
- £330,000
- Estate agent
- £4,950
- Solicitor
- £1,500
- Early repayment charge
- £0
- Mortgage
- £230,000
Equal shares
Half each. In joint names with nothing written down, this is the starting point, even if one of you paid more.
Your agreed shares: equal
As joint tenants you start from equal shares, so this matches the first.
Deposits back first, the rest split equally
Each gets their deposit back, then what is left is shared equally.
General information for England and Wales, not legal advice.
How the sums work
You pay off the mortgage and the costs of selling, and split what is left by your shares. The three results differ only in how that last step is done.
Equal shares
Half each. Joint tenants own the whole home together, and in joint names with nothing written down, the starting point is equal shares, even if one of you paid more.
Your agreed shares
The percentages you entered if you are tenants in common, or shares in proportion to what each of you put in.
Deposits back first
Each of you gets your own deposit back, then what is left is shared equally.
Read joint tenants or tenants in common and what happens to the house if we split up, or see how a written agreement counts.
General information for England and Wales, not legal advice.
Questions people ask
How much would we each get if we sold our home?
Take the sale price, then take off the mortgage and the costs of selling. What is left is the cash to share. This calculator shows that figure and what each of you would get under three common ways of splitting it: equal shares, your agreed shares, and deposits back first with the rest split equally.
What do joint tenants get when they sell?
Joint tenants own the whole home together. In joint names with nothing written down, the starting point is equal shares, even if one of you paid more. This is general information for England and Wales, not legal advice.
What if one of us put in a bigger deposit?
Tenants in common lets you own unequal shares, such as 65/35, or follow a formula such as deposits back first. If you want that, agree it together and record it in writing with your conveyancer, in panel 10 of the transfer form (TR1) or in a declaration of trust. In joint names with nothing written down, the starting point is equal shares. This calculator shows the three results side by side so you can see the difference in pounds.
What does it cost to sell a home?
It varies, so check real quotes. The calculator starts with an example estate agent fee of 1.5% including VAT and an example £1,500 for the solicitor. They are examples to change, not typical prices. Ask your lender for a redemption statement: it shows what you owe, including any early repayment charge.
What if the sale would not cover the mortgage and costs?
The calculator says so plainly and shows how much you would be short. There would be no cash to share, so it does not show a split. You would need to find the difference, so talk to your lender before agreeing to sell.
Is my information saved or sent anywhere?
No. The sums happen in your browser. Nothing you type is saved or sent to us.